Common use of Deemed Resignation Clause in Contracts

Deemed Resignation. If the Executive’s employment is terminated for any reason, then such termination shall constitute an automatic resignation of the Executive as an officer of the Company and each affiliate of the Company, and, if applicable, an automatic resignation of the Executive from the Board and from the board of directors of any affiliate of the Company and from the board of directors or similar governing body of any corporation, limited liability company or other entity in which the Company or any of its affiliates holds an equity interest and with respect to which board or similar governing body the Executive serves as the Company’s or such affiliate’s designee or other representative.

Deemed Resignation. If the Executive’s employment is terminated for any reason, then such termination shall constitute an automatic resignation of the Executive as an officer of the Company and each affiliate of the Company, and, if applicable, an automatic resignation of the Executive from the Board of Directors of the Company and from the board of directors of any affiliate of the Company and from the board of directors or similar governing body of any corporation, limited liability company or other entity in which the Company or any of its affiliates holds an equity interest and with respect to which board or similar governing body the Executive serves as the Company’s or such affiliate’s designee or other representative.

Deemed Resignation. If Any termination of the Executive’s employment is terminated for any reason, then such termination shall constitute an automatic resignation of the Executive as an officer of the Company and each affiliate of the Company, and, if applicable, an automatic resignation of the Executive from the Board and from the board of directors of any affiliate of the Company Affiliate and from the board of directors or similar governing body of the Company and any Affiliate and from the board of managers or similar governing body of any corporation, limited liability company company, or other entity in which the Company or any of its affiliates Affiliate holds an equity interest and with respect to which board or similar governing body the Executive serves as the Company’s or such affiliateAffiliate’s designee or other representative.

Deemed Resignation. If the Any termination of Executive’s employment is terminated for any reason, then such termination with the Company shall constitute an automatic resignation of the Executive as an officer of the Company and each affiliate of the Company. In addition, andExecutive agrees to resign, effective as of the date of conclusion of his employment for any reason, from his membership on the Board (if applicable), an automatic resignation of the Executive from the Board and from the board of directors of any affiliate of the Company Company, and from the board of directors or similar governing body of any corporation, limited liability company company, or other entity in which the Company or any of its affiliates affiliate holds an equity interest and with respect to which board or similar governing body the Executive serves as the Company’s or such affiliate’s designee or other representative.

Deemed Resignation. If the Executive’s 's employment is terminated for any reasonpursuant to (c) above, then such termination shall constitute an automatic resignation of the Executive as an officer of the Company and each affiliate subsidiary of the Company, and, if applicable, and an automatic resignation of the Executive from the Board of Directors of the Company and from the board of directors of any affiliate subsidiary of the Company and from the board of directors or similar governing body of any corporation, limited liability company or other entity in which the Company or any of its affiliates subsidiary holds an equity interest and with respect to which board or similar governing body the Executive serves as the Company’s 's or such affiliate’s subsidiary's designee or other representative.

Deemed Resignation. If the Executive’s employment is terminated for any reasonpursuant to (c) above, then such termination shall constitute an automatic resignation of the Executive as an officer of the Company and each affiliate subsidiary of the Company, and, if applicable, and an automatic resignation of the Executive from the Board of Directors of the Company and from the board of directors of any affiliate subsidiary of the Company and from the board of directors or similar governing body of any corporation, limited liability company or other entity in which the Company or any of its affiliates subsidiary holds an equity interest and with respect to which board or similar governing body the Executive serves as the Company’s or such affiliatesubsidiary’s designee or other representative.

Deemed Resignation. If the Executive’s employment is terminated for any reason, then such termination shall constitute an automatic resignation of the Executive as an officer of the Company and each affiliate of the Company, and, if applicable, an automatic resignation of the Executive from the Board and from the board of directors of any affiliate of the Company and from the board of directors or similar governing body of any corporation, limited liability company or other entity in which the Company or any of its affiliates holds an equity interest and with respect to which board or similar governing body the Executive serves as the Company’s or such affiliate’s designee or other representative. Additionally, if the Executive’s employment is terminated for Cause, or due to the Executive’s death or disability, then such termination shall constitute an automatic resignation of the Executive from the Board.

Deemed Resignation. If the Any termination of Executive’s employment is terminated for any reason, then such termination with Employer shall constitute an automatic resignation of the Executive as an officer of the Company Employer and each affiliate of the CompanyEmployer, and, if applicable, and an automatic resignation of the Executive from the Board (if applicable and unless otherwise agreed in writing) and from the board of directors or similar governing body of Employer and any affiliate of the Company Employer and from the board of directors or similar governing body of any corporation, limited liability company or other entity in which the Company Employer or any of its affiliates affiliate holds an equity interest and with respect to which board or similar governing body the Executive serves as the CompanyEmployer’s or such affiliate’s designee or other representative.