Cessation of Office. A director ceases to hold office when he dies, resigns, is removed or becomes disqualified from holding office.
Cessation of Office. A director may resign from a committee of the Board at any time. The resignation of a director becomes effective at the time the director’s written resignation is received by the Corporation, or at the time specified in the resignation, whichever is later. The reason for the resignation is not required to be given. The Board may, by resolution, replace a member of a committee of the Board.
Cessation of Office. An officer may resign at any time. The resignation of an officer takes effect on the date the Corporation receives the written notice he or she gives or on the later date indicated therein. The Board or the chief executive officer may remove an officer from office at any time, with or without cause. Such removal is without prejudice to the officer’s rights, if any, under any contract or laws governing his or her employment. However, the removal of the president, the chair of the Board, the chief executive officer, the chief operating officer, or the chief financial officer regardless of their title, as their appointment, is the responsibility of the Board.
Cessation of Office. 2.1. If the Executive's employment with PCH pursuant to the Agreement is terminated for any reason, the Executive shall cease to be an Executive Vice President of Cambridge contemporaneously with the termination of the Agreement and shall not be entitled to any compensation as a result in addition to that to which he may be entitled pursuant to the Agreement or as a result of it being terminated.
Cessation of Office. If the RSU Holder ceases to hold Office prior to the Normal Vesting Date for any reason other than death, the RSU will continue and, subject to it Vesting and lapsing earlier under clause 10, will Vest and be exercisable in accordance with clause 6.1.
