Deemed Resignation. Any termination of the Executive’s employment shall constitute an automatic resignation of the Executive as an officer of the Company and each 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, or other entity in which the Company or any Affiliate holds an equity interest and with respect to which board or similar governing body the Executive serves as the Company’s or Affiliate’s designee or other representative.
Appears in 7 contracts
Samples: Executive Employment Agreement (Hercules Offshore, Inc.), Executive Employment Agreement (Hercules Offshore, Inc.), Executive Employment Agreement (Hercules Offshore, Inc.)
Deemed Resignation. Any termination of 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 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 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 Affiliate 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 Affiliatesuch affiliate’s designee or other representative.. (i)
Appears in 5 contracts
Samples: Employment Agreement (Global Partners Lp), Employment Agreement (Global Partners Lp), Employment Agreement (Global Partners Lp)
Deemed Resignation. Any termination of 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 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 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 Affiliate 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 Affiliatesuch affiliate’s designee or other representative.
Appears in 5 contracts
Samples: Employment Agreement (Global Partners Lp), Employment Agreement (Global Partners Lp), Employment Agreement (Global Partners Lp)
Deemed Resignation. Any termination of the Executive’s employment for whatever reason shall constitute an automatic a resignation of the Executive all of Executive’s positions as an a director and officer of the Company Employer and each Affiliate and from the board of directors or similar governing body any affiliate of the Company Employer to the extent he is then serving in such capacity or holds such position. The Executive agrees upon the request of the Employer to promptly provide written confirmation of his resignation of all positions with the Employer and any Affiliate and from the board of managers or similar governing body of any corporation, limited liability company, or other entity in which the Company or any Affiliate holds an equity interest and with respect to which board or similar governing body the Executive serves as the Company’s or Affiliate’s designee or other representativeits affiliates.
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Deemed Resignation. Any termination of 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 and from the board of directors or similar governing body subsidiary of the Company and any Affiliate and from the board of managers or similar governing body of any corporation, limited liability company, or other entity in which the Company or any Affiliate holds an equity interest and with respect to which board or similar governing body the Executive serves as the Company’s or Affiliate’s designee or other representative.
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