Cessation of Status as an Officer Sample Clauses

Cessation of Status as an Officer. On the date hereof, your status as an officer of Nordson, and of any subsidiaries and other affiliates of Nordson of which you are an officer, and your status as a trustee of The Nordson Corporation Foundation will cease. By signing this Agreement, you hereby resign as an officer of Nordson and of each such subsidiary and affiliate and as a trustee of The Nordson Corporation Foundation. After the date hereof, you will not hold yourself out as being an officer or trustee, or as having any authority to bind, Nordson, any such subsidiary or affiliate, or The Nordson Corporation Foundation.
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Cessation of Status as an Officer. Effective March 31, 2017, you will no longer be an officer or director of Humana Inc., and of any subsidiaries and other affiliates of Humana Inc. of which you are an officer or director. Accordingly, you will not hold yourself out as being an officer or director, or as having any authority to bind, Humana Inc. or any such subsidiary or affiliate. You agree to execute any documents necessary to reflect the change in status. Xxxxx X. Xxxxxx
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Cessation of Status as an Officer. Effective August 1, 2013, you are no longer an officer or director of Humana Inc., and of any subsidiaries and other affiliates of Humana Inc. of which you are an officer or director, except for Availity Inc. for which your resignation will be effective as determined by Humana but no later than December 31, 2013 and New Century, Inc. for which your resignation will be effective as determined by Humana but no later than December 31, 2013. Accordingly, you will not hold yourself out as being an officer or director, or as having any authority to bind, Humana Inc. or any such subsidiary or affiliate. You agree to execute any documents necessary to reflect the change in status. You also agree that you will resign any Board of Director position you hold with any entity in which Humana has an ownership interest and will not in the future serve as a director, independent or otherwise, of any entity in which Humana has an ownership interest without written approval from Humana. This provision does not apply to board positions held with any entity where you initiate or facilitate Humana obtaining an ownership interest and you held the board position prior to Humana obtaining an ownership interest. You also agree that you will resign any Board of Director position you hold with any entity in which Humana has an ownership interest and will not in the future serve as a director, independent or otherwise, of any entity in which Humana has an ownership interest without written approval from Humana. This provision does not apply to board positions held with any entity where you initiate or facilitate Humana obtaining an ownership interest and you held the board position prior to Humana obtaining an ownership interest.
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Cessation of Status as an Officer. Effective June 6, 2014, your status as an executive officer of Nordson, and of any subsidiaries and other affiliates of Nordson of which you are an officer, and your status as a director of The Nordson Corporation Foundation will cease. Accordingly, you will not hold yourself out as being an officer or director, or as having any authority to bind, Nordson, any such subsidiary or affiliate, or The Nordson Corporation Foundation. You agree to execute any documents necessary to reflect the change in status. Even though you will no longer be an officer of Nordson or of any subsidiary or other affiliate of Nordson, certain restrictions will apply to any purchase or sale of Nordson Common Shares by you. By signing this Agreement, you acknowledge that you have received the summary of those restrictions that is attached to this Agreement as Exhibit 3 hereto and agree that you will comply with those restrictions.
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Related to Cessation of Status as an Officer

  • Forfeiture upon Termination of Status as a Service Provider Notwithstanding any contrary provision of this Award Agreement, the balance of the Restricted Stock Units that have not vested as of the time of Participant’s termination as a Service Provider for any or no reason and Participant’s right to acquire any Shares hereunder will immediately terminate.

  • Termination of Continuous Service Except as otherwise provided in this Section 3, the unvested portion of the award shall be forfeited as of the date (the “Termination Date”) that the Grantee actually ceases to provide services to the Company or any Affiliate in any capacity of Employee, Director or Consultant (irrespective of whether the Grantee continues to receive severance or any other continuation payments or benefits after such date) (such cessation of the provision of services by Grantee being referred to as “Service Termination”). A Service Termination shall not occur and Continuous Service shall not be considered interrupted in the case of (i) any approved leave of absence, (ii) transfers among the Company, any Subsidiary or Affiliate, or any successor, in any capacity of Employee, Director or Consultant, or (iii) any change in status as long as the individual remains in the service of the Company or a Subsidiary or Affiliate in any capacity of Employee, Director or Consultant.

  • Cessation of Service The option term specified in Paragraph 2 shall terminate (and this option shall cease to be outstanding) prior to the Expiration Date should any of the following provisions become applicable:

  • Continue to Perform After Resignation or Removal No resignation or removal of the Asset Representations Reviewer will be effective, and the Asset Representations Reviewer will continue to perform its obligations under this Agreement, until a successor Asset Representations Reviewer has accepted its engagement according to Section 5.3(b).

  • Status as a Well-Known Seasoned Issuer (A) At the time of filing the Original Registration Statement, (B) at the time of the most recent amendment thereto for the purposes of complying with Section 10(a)(3) of the 1933 Act (whether such amendment was by post-effective amendment, incorporated report filed pursuant to Section 13 or 15(d) of the 1934 Act or form of prospectus), (C) at the time the Company or any person acting on its behalf (within the meaning, for this clause only, of Rule 163(c) of the 1933 Act Regulations) made any offer relating to the Securities in reliance on the exemption of Rule 163 of the 1933 Act Regulations and (D) at the date hereof, the Company was and is a “well-known seasoned issuer” as defined in Rule 405 of the 1933 Act Regulations (“Rule 405”), including not having been and not being an “ineligible issuer” as defined in Rule 405. The Registration Statement is an “automatic shelf registration statement,” as defined in Rule 405, and the Securities, since their registration on the Registration Statement, have been and remain eligible for registration by the Company on a Rule 405 “automatic shelf registration statement.” The Company has not received from the Commission any notice pursuant to Rule 401(g)(2) of the 1933 Act Regulations objecting to the use of the automatic shelf registration statement form. At the time of filing the Original Registration Statement, at the earliest time thereafter that the Company or another offering participant made a bona fide offer (within the meaning of Rule 164(h)(2) of the 1933 Act Regulations) of the Securities and at the date hereof, the Company was not and is not an “ineligible issuer,” as defined in Rule 405.

  • Cessation of Employment In the event Executive shall cease to be employed by the Company for any reason, then Executive's compensation and benefits shall cease on the date of such event, except as otherwise provided herein or in any applicable employee benefit plan or program.

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