Common use of Deemed Resignations Clause in Contracts

Deemed Resignations. Unless otherwise agreed to in writing by the Bank and the Executive prior to the termination of the Executive’s employment, any termination of the Executive’s employment shall constitute an automatic resignation of the Executive from all other positions held with the Bank or any of its subsidiaries or affiliates.

Appears in 5 contracts

Samples: Employment Agreement (Guaranty Bancorp), Employment Agreement (Guaranty Bancorp), Employment Agreement (Guaranty Bancorp)

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Deemed Resignations. Unless otherwise agreed to by the Parent and the Company in writing by the Bank and the Executive prior to the termination of the Executive’s employment, any termination of the Executive’s employment shall will constitute an automatic resignation of the Executive from all as an officer, board member or any other positions held position with the Bank Parent, the Company or any of its subsidiaries or their affiliates. The Executive agrees to execute and deliver all documents reasonably requested by the Parent in connection therewith.

Appears in 4 contracts

Samples: Employment Agreement (Liberty Latin America Ltd.), Employment Agreement (Liberty Latin America Ltd.), Employment Agreement (Liberty Global PLC)

Deemed Resignations. Unless otherwise agreed to in writing by the Bank Company and the Executive prior to the termination of the Executive’s employment, any termination of the Executive’s employment shall (a) constitute an automatic resignation of Executive as an officer of the Executive from all other positions held with Company and each affiliate of the Bank or any Company (if applicable), and (b) be subject to the provisions of its subsidiaries or affiliatesSections 3.18 and 5.3 of the LLC Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Hi-Crush Partners LP), Employment Agreement (Hi-Crush Partners LP), Employment Agreement (Hi-Crush Partners LP)

Deemed Resignations. Unless otherwise agreed to in writing by the Bank and the Executive prior to the Upon termination of the Executive’s employment, any termination of the Executive’s employment for any reason, Executive shall constitute an automatic resignation of be deemed to have resigned from the Executive from Board and all other positions offices and directorships, if any, then held with the Bank or Company, and of its affiliates and any of its subsidiaries or affiliatesbenefit plans.

Appears in 3 contracts

Samples: Employment Agreement (Globalstar, Inc.), Employment Agreement (Globalstar, Inc.), Employment Agreement (Brinker International, Inc)

Deemed Resignations. Unless Except as otherwise agreed to in writing by the Bank Executive and the Executive prior to the termination of the Executive’s employmentCompany, any termination of the Executive’s employment shall constitute an automatic resignation of Executive: (a) as an officer of the Company and each member of the Company Group and (b) as a director on the Board. Executive from all other positions held with agrees to take any further actions that any member of the Bank Company Group reasonably requests to effectuate or any of its subsidiaries or affiliatesdocument the foregoing.

Appears in 2 contracts

Samples: Employment Agreement (Flotek Industries Inc/Cn/), Employment Agreement (Flotek Industries Inc/Cn/)

Deemed Resignations. Unless otherwise agreed to by the Parent and the Company in writing by the Bank and the Executive prior to the termination of the Executive’s employment, any termination of the Executive’s employment shall will constitute an automatic resignation of the Executive from all as an officer, board member or any other positions held position with the Bank Parent, the Company or any of its subsidiaries or their affiliates. The Executive agrees to execute and all documents reasonably requested by the Parent in connection therewith.

Appears in 2 contracts

Samples: Employment Agreement (Liberty Latin America Ltd.), Employment Agreement (Liberty Latin America Ltd.)

Deemed Resignations. Unless Except as otherwise determined by the Board or as otherwise agreed to in writing by the Bank Executive and the Executive Company prior to the termination of the Executive’s employmentemployment with the Company, any termination of the Executive’s employment shall constitute constitute, as applicable, an automatic resignation of Executive: (a) as an officer of the Executive Company; and (b) from all other positions held with the Bank or any of its subsidiaries or affiliatesBoard.

Appears in 2 contracts

Samples: Employment Agreement (Wrap Technologies, Inc.), Employment Agreement (Wrap Technologies, Inc.)

Deemed Resignations. Unless otherwise agreed to by the Parent and the Company in writing by the Bank and the Executive prior to the termination of the Executive’s employment, any termination of the Executive’s employment shall will constitute an automatic resignation of the Executive from all as an officer, board member or any other positions held position with the Bank Parent, the Company or any of its subsidiaries or their affiliates.. The Executive agrees to execute and deliver all documents reasonably requested by the Parent in connection therewith. ARTICLE V

Appears in 1 contract

Samples: Employment Agreement

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Deemed Resignations. Unless otherwise agreed to in writing and approved by the Bank and the Executive prior to the termination of the Executive’s employmentBoard, any termination of the Executive’s employment shall constitute an automatic resignation of Executive as an officer of the Company and each affiliate of the Company, and if applicable, an automatic resignation of Executive from all other positions held with the Bank or any of its subsidiaries or affiliatesBoard in his capacity as the “CEO Director.

Appears in 1 contract

Samples: Employment Agreement (Alpine Immune Sciences, Inc.)

Deemed Resignations. Unless otherwise agreed to in writing and approved by the Bank and the Executive prior to the termination of the Executive’s employmentBoard, any termination of the Executive’s employment shall constitute an automatic resignation of Executive as an officer of the Executive from all other positions held with Company and each affiliate of the Bank or Company, and if applicable, an automatic resignation of any seat that he may hold on the Board (including any committee of its subsidiaries or affiliatesthe Board, if applicable).

Appears in 1 contract

Samples: Employment Agreement (Alpine Immune Sciences, Inc.)

Deemed Resignations. Unless otherwise agreed to in writing by the Bank Company and the Executive prior to the termination of the Executive’s employment, any termination of the Executive’s employment shall constitute an automatic resignation of Executive as an officer of the Executive from all other positions held with Company and each affiliate of the Bank or any of its subsidiaries or affiliatesCompany.

Appears in 1 contract

Samples: Employment Agreement (Lilis Energy, Inc.)

Deemed Resignations. Unless otherwise agreed to by the Parent and the Company in writing by the Bank and the Executive prior to the termination of the Executive’s 's employment, any termination of the Executive’s 's employment shall will constitute an automatic resignation of the Executive from all as an officer, board member or any other positions held position with the Bank Parent, the Company or any of its subsidiaries or their affiliates. The Executive agrees to execute and deliver all documents reasonably requested by the Parent in connection therewith.

Appears in 1 contract

Samples: Employment Agreement (Liberty Latin America Ltd.)

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