Common use of Cooperation by Executive Clause in Contracts

Cooperation by Executive. Upon termination of Executive’s employment, Executive shall be deemed to have resigned from all offices and directorships then held with the Company. Following any termination of employment, Executive shall cooperate with the Company in the winding up of pending work on behalf of the Company and the orderly transfer of work to other employees. Executive shall also cooperate with the Company in the defense of any action brought by any third party against the Company that relates to Executive’s employment by the Company.

Appears in 2 contracts

Samples: Ceo Employment Agreement (BBCN Bancorp Inc), Ceo Employment Agreement (BBCN Bancorp Inc)

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Cooperation by Executive. Upon termination of Executive’s employment, Executive shall be deemed to have resigned from all offices and directorships then held with the Company, except for the directorship. Following any termination of employment, Executive shall cooperate with the Company in the winding up of pending work on behalf of the Company and the orderly transfer of work to other employees. Executive shall also cooperate with the Company in the defense of any action brought by any third party against the Company that relates to Executive’s employment by the Company.

Appears in 1 contract

Samples: Ceo Employment Agreement (BBCN Bancorp Inc)

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Cooperation by Executive. Upon termination of Executive’s 's employment, Executive shall be deemed to have resigned from all offices and directorships then held with the Company. Following any termination of employment, Executive shall cooperate with the Company in the winding up of pending work on behalf of the Company and the orderly transfer of work to other employees. Executive shall also cooperate with the Company in the defense of any action brought by any third party against the Company that relates to Executive’s 's employment by the Company.

Appears in 1 contract

Samples: Employment Agreement (BBCN Bancorp Inc)

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