Common use of Deemed Resignations Clause in Contracts

Deemed Resignations. Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, an automatic resignation of Executive from the Board and from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s designee or other representative.

Appears in 22 contracts

Samples: Employment Agreement (Oxford Resource Partners LP), Employment Agreement (Oxford Resource Partners LP), Employment Agreement (Oxford Resource Partners LP)

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Deemed Resignations. Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, and an automatic resignation of Executive from the Board (if applicable) and from the board of directors or similar governing body of any affiliate of Company, Company and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s designee or other representative.

Appears in 21 contracts

Samples: Severance and Change in Control Agreement (Kbr, Inc.), Severance and Change in Control Agreement, Severance and Change in Control Agreement

Deemed Resignations. Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer and director (if applicable) of the Company and each affiliate of Companyits Affiliates, unless Executive owns at least 10% of the issued and outstanding common stock of the Parent, in which case such resignation shall not be deemed an automatic resignation of Executive from the Board and from the board of directors or similar governing body of any affiliate of CompanyBoard, and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate WRI holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliateWRI’s designee or other representative.

Appears in 21 contracts

Samples: Employment Agreement (Western Refining, Inc.), Employment Agreement (Western Refining, Inc.), Employment Agreement (Western Refining, Inc.)

Deemed Resignations. Any termination of Executive’s 's employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, and an automatic resignation of Executive from the Board of Directors (if applicable) and from the board of directors or similar governing body of any affiliate of Company, Company and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s 's or such affiliate’s 's designee or other representative.

Appears in 19 contracts

Samples: Employment Agreement, Employment Agreement, Employment Agreement (Continental Airlines Inc /De/)

Deemed Resignations. Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, and an automatic resignation of Executive from the Board of Directors (if applicable) and from the board of directors or similar governing body of any affiliate of Company, Company and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s designee or other representative.

Appears in 17 contracts

Samples: Employment Agreement (Trico Marine Services Inc), Employment Agreement (Expressjet Holdings Inc), Employment Agreement (Expressjet Holdings Inc)

Deemed Resignations. Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, and an automatic resignation of Executive from the Board (if applicable) and from the board of directors or similar governing body of any affiliate of Company, Company and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s designee or other representative.

Appears in 17 contracts

Samples: Employment Agreement (Energy Xxi (Bermuda) LTD), Employment Agreement (Concho Resources Inc), Employment Agreement (Concho Resources Inc)

Deemed Resignations. Any Unless otherwise agreed to in writing by Company and Executive prior to the termination of Executive’s employment, any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, Company and an automatic resignation of Executive from the Board (if applicable) and from the board of directors or similar governing body of any affiliate of Company, Company and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company entity, or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s designee or other representative.

Appears in 13 contracts

Samples: Employment Agreement (West Texas Resources, Inc.), Employment Agreement (Atomera Inc), Employment Agreement (Atomera Inc)

Deemed Resignations. Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, and an automatic resignation of Executive from the Board (if applicable) and from the board of directors or similar governing body of any affiliate of Company, Company and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest (including any retirement or other benefit plan of Company or any affiliate of Company) and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s designee or other representative.

Appears in 10 contracts

Samples: Employment Agreement (Concho Resources Inc), Employment Agreement (Concho Resources Inc), Employment Agreement (Concho Resources Inc)

Deemed Resignations. Any termination of Executive’s 's employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate Affiliate of Company, and an automatic resignation of Executive from the Board (if applicable) and from the board of directors or similar governing body of any affiliate Affiliate of Company, Company and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate Affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s 's or such affiliate’s Affiliate's designee or other representative.

Appears in 8 contracts

Samples: Employment Agreement (Superior Well Services, INC), Employment Agreement (Superior Well Services, INC), Employment Agreement (Superior Well Services, INC)

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

Appears in 7 contracts

Samples: Employment Agreement (Superior Well Services, INC), Employment Agreement (Superior Well Services, INC), Employment Agreement (Superior Well Services, INC)

Deemed Resignations. Any termination of Executive’s 's employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, and an automatic resignation of Executive from the Board of Directors and from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s 's or such affiliate’s 's designee or other representative.

Appears in 5 contracts

Samples: Employment Agreement, Employment Agreement, Employment Agreement (Continental Airlines Inc /De/)

Deemed Resignations. Any termination of Executive’s employment with the Company shall constitute an automatic resignation of Executive as an officer of the Company and each affiliate of the Company, and an automatic resignation of Executive from the Board (if applicable) and from the board of directors or similar governing body of any affiliate of Company, the Company and an automatic resignation from the board of directors 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 Executive serves as the Company’s or such affiliate’s designee or other representative.

Appears in 5 contracts

Samples: Employment Agreement (7 Eleven Inc), Employment Agreement (7 Eleven Inc), Employment Agreement (7 Eleven Inc)

Deemed Resignations. Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, but is not an automatic resignation of Executive from the Board and of Directors or from the position of Chairman of the Board of Directors (if applicable) or from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation Company or from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s designee or other representative.

Appears in 4 contracts

Samples: Employment Agreement (Hunt Global Resources, Inc.), Employment Agreement (Trico Marine Services Inc), Employment Agreement (Trico Marine Services Inc)

Deemed Resignations. Any termination of Executive’s 's employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, and an automatic resignation of Executive from the Board of Directors (if applicable) and from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s 's or such affiliate’s 's designee or other representative.

Appears in 4 contracts

Samples: Employment Agreement (Continental Airlines Inc /De/), Employment Agreement (Continental Airlines Inc /De/), Employment Agreement (Continental Airlines Inc /De/)

Deemed Resignations. Any termination of Executive’s 's employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, and an automatic resignation of Executive from the Board of Directors (if applicable) and from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s designee or other representative.. *******

Appears in 3 contracts

Samples: Employment Agreement (Continental Airlines Inc /De/), Employment Agreement (Continental Airlines Inc /De/), Employment Agreement (Continental Airlines Inc /De/)

Deemed Resignations. Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, and an automatic resignation of Executive from the Board of Directors and from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s designee or other representative.

Appears in 3 contracts

Samples: Employment Agreement (Txu Corp /Tx/), Employment Agreement (Txu Corp /Tx/), Employment Agreement (Txu Corp /Tx/)

Deemed Resignations. Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of the Company and each affiliate of the Company, an automatic resignation of Executive and from the Board of Directors of the Company and from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation from the board of directors or similar governing body of any corporation, trust, 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 Executive serves as the Company’s or such affiliate’s designee or other representative. Executive shall cooperate with the Company and execute all such formal resignations and other documents as the Company may reasonably request in furtherance of the foregoing.

Appears in 3 contracts

Samples: Employment Agreement (Starwood Hotel & Resorts Worldwide, Inc), Employment Agreement (Starwood Hotel & Resorts Worldwide Inc), Employment Agreement (Starwood Hotel & Resorts Worldwide Inc)

Deemed Resignations. Any termination of Executive’s 's employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate Affiliate of Company, Company and an automatic resignation of Executive from the Board (if applicable) and from the board of directors or similar governing body of any affiliate Affiliate of Company, Company and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company company, or other entity in which Company or any affiliate Affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s 's or such affiliate’s Affiliate's designee or other representative.

Appears in 2 contracts

Samples: Employment Agreement (Superior Well Services, INC), Employment Agreement (Superior Well Services, INC)

Deemed Resignations. Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, an automatic resignation of Executive from the Board and from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s designee or other representative.

Appears in 2 contracts

Samples: Employment Agreement (American Midstream Partners, LP), Employment Agreement (American Midstream Partners, LP)

Deemed Resignations. Any Unless otherwise agreed to in writing by the Company and Executive prior to the termination of Executive’s employment, any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of the Company and each affiliate Subsidiary of the Company, and an automatic resignation of Executive from the Board and any Subsidiary of the Company and from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity Entity in which the Company or any affiliate Subsidiary holds an equity interest and with respect to which board or similar governing body Executive serves as the Company’s or such affiliateSubsidiary’s designee or other representative.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement, Restricted Stock Unit Agreement (Cardtronics PLC)

Deemed Resignations. Any termination of Executive’s 's employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, and an automatic resignation of Executive from the Board of Directors and from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s designee or other representative.

Appears in 2 contracts

Samples: Employment Agreement (Continental Airlines Inc /De/), Employment Agreement (Continental Airlines Inc /De/)

Deemed Resignations. Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of Company the Employers and each affiliate of Companythe Employers, and an automatic resignation of Executive from the Board and from the board of directors or similar governing body of the Employers and any affiliate of Companythe Employers, and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company the Employers or any affiliate holds affiliates hold an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s the designee or other representativerepresentative of one or more of the Employers or any affiliates.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (United Air Lines Inc)

Deemed Resignations. Any Unless otherwise agreed to in writing by Company and Executive prior to the termination of Executive’s employment, any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Companyits affiliates (if applicable), and an automatic resignation of Executive from the Board and from the board of directors (or similar governing body body) of any affiliate each of Company, ’s affiliates (if applicable) and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board (or similar governing body body) Executive serves as Company’s or such affiliate’s the designee or other representativerepresentative of Company.

Appears in 2 contracts

Samples: Employment Agreement (Harte Hanks Inc), Employment Agreement (Harte Hanks Inc)

Deemed Resignations. Any termination of Executive’s 's employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, and an automatic resignation of Executive from the Board and from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s 's or such affiliate’s 's designee or other representative.

Appears in 1 contract

Samples: Employment Agreement (Monday LTD)

Deemed Resignations. Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of Company and each other affiliate of Company, an automatic resignation of Executive from the Board and from the board of directors or similar governing body of any affiliate of CompanyCompany (if applicable), and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s designee or other representativerepresentative (if applicable).

Appears in 1 contract

Samples: Employment Agreement (Empire Petroleum Partners, LP)

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Deemed Resignations. Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of from any other position he has with the Company and each affiliate of Companyits Affiliates, an automatic resignation of Executive from the Board and from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s designee or other representativeif applicable.

Appears in 1 contract

Samples: Employment Agreement (Northern Tier Energy LP)

Deemed Resignations. Any termination of Executive’s 's employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, and an automatic resignation of Executive from the Board of Directors and from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s 's or such affiliate’s 's designee or other representative.. *******

Appears in 1 contract

Samples: Employment Agreement (Continental Airlines Inc /De/)

Deemed Resignations. Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of Company and each other affiliate of Company, an automatic resignation of Executive from the Board and from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s designee or other representative.

Appears in 1 contract

Samples: Employment Agreement (Empire Petroleum Partners, LP)

Deemed Resignations. Any termination of Executive’s 's employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, and an automatic resignation of Executive from the Board of Directors (if applicable) and from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s designee or other representative.

Appears in 1 contract

Samples: Employment Agreement (Continental Airlines Inc /De/)

Deemed Resignations. Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of the Company and each affiliate of Company, an automatic resignation of Executive from the Board and from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation from the board of directors 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 Executive serves as the Company’s or such affiliate’s designee or other representative; provided, however, that, except with respect to AMID and its subsidiaries, Executive shall not be deemed to resign from any capacity in any affiliate of the Company in which Executive has personally invested.

Appears in 1 contract

Samples: Employment Agreement (American Midstream Partners, LP)

Deemed Resignations. Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of the Company and each affiliate of the Company, an automatic resignation of Executive from the Board and from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation from the board of directors or similar governing body of any corporation, trust, 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 Executive serves as the Company’s or such affiliate’s designee or other representative. Executive shall cooperate with the Company and execute all such formal resignations and other documents as the Company may reasonably request in furtherance of the foregoing.

Appears in 1 contract

Samples: Employment Agreement (Starwood Hotel & Resorts Worldwide Inc)

Deemed Resignations. Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, and an automatic resignation of Executive from the Board of Directors (if applicable) and from the board of directors or similar governing body of any affiliate of Company, Company and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s 's or such affiliate’s 's designee or other representative.

Appears in 1 contract

Samples: Employment Agreement (Trico Marine Services Inc)

Deemed Resignations. Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of Company and each other affiliate of Company, an automatic resignation of Executive from the Board Company and from the board of directors or similar governing body of any affiliate of CompanyCompany (if applicable), and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s designee or other representativerepresentative (if applicable).

Appears in 1 contract

Samples: Employment Agreement (Empire Petroleum Partners, LP)

Deemed Resignations. Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of Company and each other affiliate of Company, an automatic resignation of Executive from the Board and from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s designee or other representative.

Appears in 1 contract

Samples: Employment Agreement (Empire Petroleum Partners, LP)

Deemed Resignations. Any termination of Executive’s 's employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, and an automatic resignation of Executive from the Board (if applicable) and from the board of directors or similar governing body of any affiliate of Company, Company and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s 's or such affiliate’s 's designee or other representative.

Appears in 1 contract

Samples: Severance and Change in Control Agreement (Kbr, Inc.)

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

Appears in 1 contract

Samples: Employment Agreement (Continental Airlines Inc /De/)

Deemed Resignations. Any termination of Executive’s 's employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, and an automatic resignation of Executive from the Board board of directors of Company and from the board of directors or similar governing body of any affiliate of Company, Company and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s 's or such affiliate’s 's designee or other representative.. *******

Appears in 1 contract

Samples: Employment Agreement (Continental Airlines Inc /De/)

Deemed Resignations. Any Unless otherwise agreed to in writing by the Company or the Company and Executive prior to the termination of Executive’s employment, any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, (a) an automatic resignation of Executive from the Board and Board, from the board of directors or similar governing body of any affiliate of Company, the Company and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company entity or other entity in which the Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as the Company’s or such affiliate’s designee or other representativerepresentative and (b) an automatic resignation of Executive as an officer of the Company and each affiliate of the Company (if applicable).

Appears in 1 contract

Samples: Employment Agreement (Extraction Oil & Gas, Inc.)

Deemed Resignations. Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, and, if applicable, an automatic resignation of Executive from the Board and from the board of directors or similar governing body of Company and/or any affiliate of Company, and an automatic resignation and, if applicable, from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s designee or other representative. Executive shall execute such resignation forms or certifications and take all such further action as Company may reasonably request in connection with such resignations.

Appears in 1 contract

Samples: Employment Agreement (Txu Us Holdings Co)

Deemed Resignations. Any termination of Executive’s 's employment ------------------- shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, and an automatic resignation of Executive from the Board of Directors and from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s 's or such affiliate’s 's designee or other representative.

Appears in 1 contract

Samples: Employment Agreement (Txu Corp /Tx/)

Deemed Resignations. Any termination of Executive’s 's employment shall constitute an automatic resignation of Executive as an officer of Company Xxxxx and each affiliate of CompanyXxxxx, and an automatic resignation of Executive from the Board (if applicable) and from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s designee or other representativeXxxxx.

Appears in 1 contract

Samples: Employment Agreement (Lucas Energy, Inc.)

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