Common use of Deemed Resignations Clause in Contracts

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

Appears in 6 contracts

Samples: Employment Agreement (Carriage Services Inc), Employment Agreement (Carriage Services Inc), Employment Agreement (Carriage Services Inc)

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

Appears in 6 contracts

Samples: Employment Agreement (USA Compression Partners, LP), Employment Agreement (USA Compression Partners, LP), Employment Agreement (USA Compression Partners, LP)

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

Appears in 4 contracts

Samples: Employment Agreement (Three Rivers Operating Co Inc.), Employment Agreement (Three Rivers Operating Co Inc.), Employment Agreement (Three Rivers Operating Co Inc.)

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

Appears in 3 contracts

Samples: Employment Agreement (Carriage Services Inc), Employment Agreement (Carriage Services Inc), Employment Agreement (Carriage Services Inc)

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

Appears in 3 contracts

Samples: Employment Agreement (USA Compression Partners, LP), Employment Agreement (USA Compression Partners, LP), Employment Agreement (USA Compression Partners, LP)

Deemed Resignations. Unless otherwise agreed to in writing by the Company and Employee prior to the Any termination of Employee’s employment, any termination of EmployeeExecutive’s employment (regardless of which Party initiated the termination, or whether it occurred due to an expiration of the term of employment) shall constitute: (i) constitute an automatic resignation of Employee Executive as an officer of the Company and each affiliate and subsidiary of Company, if any, an automatic resignation as trustee of the Company’s Employee Stock Ownership Plan and 401(k) plan, as applicable, and (ii) an automatic resignation of Employee Executive from the Board (if applicable), and from the board of directors or similar governing body of any affiliate and subsidiary of the Company (Company, if applicable)any, and from the board of directors or any similar governing body of any corporation, limited liability entity company or other entity in which the Company or any affiliate or subsidiary affiliate, if any, holds an equity interest and with respect to which board or similar governing body Employee Executive serves as the Company’s or such affiliate’s or subsidiary’s designee or other representative (if applicable)representative.

Appears in 2 contracts

Samples: Employment Agreement (Scotts Liquid Gold Inc), Employment Agreement (Scotts Liquid Gold Inc)

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

Appears in 1 contract

Samples: Employment Agreement (USA Compression Partners, LP)

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Deemed Resignations. Unless otherwise agreed to in writing by the Company and Employee Executive prior to the termination of EmployeeExecutive’s employment, any termination of EmployeeExecutive’s employment shall constitute: constitute (ia) an automatic resignation of Employee Executive as an officer of the Company Company, Enviva Holdings GP, LLC (“Holdings GP”), and each affiliate and subsidiary other Affiliate of the Company, as applicable, and (iib) an automatic resignation of Employee from the Board (if applicable), Executive from the board of directors (or similar governing body) of the Company or any affiliate and subsidiary Affiliate of the Company (if applicable), and (c) an automatic resignation from the board of directors or any similar governing body of any corporation, limited liability entity entity, or other entity in which the Company or any affiliate or subsidiary Affiliate holds an equity interest and with respect to which board or similar governing body Employee Executive serves as the Company’s or such affiliate’s or subsidiaryAffiliate’s designee or other representative (if applicable).

Appears in 1 contract

Samples: Employment Agreement (Enviva Partners, LP)

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

Appears in 1 contract

Samples: Employment Agreement (Enviva Partners, LP)

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

Appears in 1 contract

Samples: Employment Agreement (USA Compression Partners, LP)

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