Common use of Deemed Resignations Clause in Contracts

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

Appears in 10 contracts

Samples: Employment Agreement (Nine Energy Service, Inc.), Employment Agreement (Nine Energy Service, Inc.), Employment Agreement (Nine Energy Service, Inc.)

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Deemed Resignations. Unless otherwise agreed to in writing by Parent or the Company and Executive prior to the termination of Executive’s employment, any termination of Executive’s employment shall constitute constitute: (ai) an automatic resignation of Executive as an officer of the Company and each other member Affiliate of the Company Group (Company, as applicable) , and (bii) an automatic resignation of Executive from the Board (if applicable), from the board of directors or similar governing body of any member Affiliate 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 any member of the Company Group or any Affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as any member of the Company GroupCompany’s or such Affiliate’s designee or other representativerepresentative (if applicable).

Appears in 9 contracts

Samples: Executive Employment Agreement (Teladoc Health, Inc.), Executive Employment Agreement (Teladoc Health, Inc.), Executive Employment Agreement (Teladoc Health, Inc.)

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

Appears in 8 contracts

Samples: Employment Agreement (Cardtronics PLC), Employment Agreement (Cardtronics PLC), Employment Agreement (Cardtronics PLC)

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

Appears in 6 contracts

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

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

Appears in 6 contracts

Samples: Employment Agreement (Mirna Therapeutics, Inc.), Employment Agreement (Mirna Therapeutics, Inc.), Employment Agreement (Mirna Therapeutics, Inc.)

Deemed Resignations. Unless otherwise agreed to in writing by Parent or the Company and Executive prior to the termination of Executive’s employment, any Any termination of Executive’s employment shall constitute (a) an automatic resignation of Executive as an officer of the Company and each other member affiliate of the Company Group (as applicable) and (b) Company, an automatic resignation of Executive from the Board (except where Executive is serving and continues to have the right to serve on the Board pursuant to the currently effective investor rights agreement or any other agreement) and from the board of directors or similar governing body of any member affiliate of the Company GroupCompany, and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability entity company or other entity in which Company or any member of the Company Group affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as any member of the Company GroupCompany’s or such affiliate’s designee or other representative.

Appears in 5 contracts

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

Deemed Resignations. Unless otherwise agreed to in writing by Parent or the Company and Executive prior to the termination of Executive’s employment, any termination of Executive’s employment shall constitute (a) an automatic resignation of Executive as an officer of the Company and each other member affiliate of the Company Group (as applicable) and (b) an automatic resignation of Executive from the Board (if applicable) and from the board of directors or similar governing body of any member affiliate of the Company Group, and from the board of directors or similar governing body of any corporation, limited liability entity entity, or other entity in which Company or any member of the Company Group affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as any member of the Company GroupCompany’s or such affiliate’s designee or other representative. Executive agrees to execute such documents and take such other actions as the Company may request to reflect such resignation.

Appears in 5 contracts

Samples: Employment Agreement (Atomera Inc), Employment Agreement (Atomera Inc), Employment Agreement (Atomera Inc)

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

Appears in 5 contracts

Samples: Employment Agreement, Employment Agreement (Cardtronics Inc), Employment Agreement (Cardtronics Inc)

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

Appears in 3 contracts

Samples: Employment Agreement (Cardtronics Inc), Employment Agreement (Cardtronics Inc), Employment Agreement (Cardtronics Inc)

Deemed Resignations. Unless otherwise agreed to in writing by Parent or the Company and Executive prior to the termination of Executive’s employment, any Any termination of Executive’s employment with the Company shall constitute (a) an automatic resignation of Executive as an officer of the Company and each other member affiliate of the Company Group Company. In addition, Executive agrees to resign, effective as of the date of conclusion of his employment for an reason, from his membership on the Board (as if applicable) ), and (b) an automatic resignation of Executive from the board of directors or similar governing body of any member affiliate of the Company GroupCompany, and from the board of directors or similar governing body of any corporation, limited liability entity company, or other entity in which any member of the Company Group or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as any member of the Company GroupCompany’s or such affiliate’s designee or other representative.

Appears in 2 contracts

Samples: Employment Agreement (Blockbuster Inc), Employment Agreement (Blockbuster Inc)

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

Appears in 2 contracts

Samples: Employment Agreement (GreenHunter Energy, Inc.), Employment Agreement (GreenHunter Energy, Inc.)

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

Appears in 2 contracts

Samples: Executive Employment Agreement (Carrizo Oil & Gas Inc), Employment Agreement (Recovery Energy, Inc.)

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

Appears in 2 contracts

Samples: Employment Agreement (Vitesse Energy, Inc.), Employment Agreement (Vitesse Energy, Inc.)

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

Appears in 2 contracts

Samples: Employment Agreement (Gasco Energy Inc), Employment Agreement (Gasco Energy Inc)

Deemed Resignations. Unless otherwise agreed to in writing by Parent or the Company and Executive prior to the termination of Executive’s employment, any termination of Executive’s employment shall constitute (a%3) an automatic resignation of Executive as an officer of the Company and each other member affiliate of the Company Group (as applicable) and (b%3) an automatic resignation of Executive from the Board (if applicable), from the board of directors or similar governing body of any member affiliate of the Company Group, and from the board of directors or similar governing body of any corporation, limited liability entity or other entity in which any member of the Company Group or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as any member of the Company GroupCompany’s or such affiliate’s designee or other representative.

Appears in 2 contracts

Samples: Severance Agreement (Forum Energy Technologies, Inc.), Severance Agreement (Forum Energy Technologies, Inc.)

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

Appears in 1 contract

Samples: Employment Agreement (LyondellBasell Industries N.V.)

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Deemed Resignations. Unless otherwise agreed to in writing by Parent or the Company and Executive prior to the termination of Executive’s employment, any Any termination of Executive’s employment shall constitute (a) an automatic resignation of Executive as an officer Officer of the Company and each other member affiliate of the Company Group (as applicable) and (b) Company, an automatic resignation of Executive from the board Board (if applicable and except where Executive is serving and continues to have the right to serve on the Board pursuant to the investor rights agreement or any other agreement) and from the Board of directors Directors or similar governing body of any member affiliate of the Company GroupCompany, and an automatic resignation from the board Board of directors Directors or similar governing body of any corporation, limited liability entity company or other entity in which Company or any member of the Company Group affiliate holds an equity interest and with respect to which board Board or similar governing body Executive serves as any member of the Company GroupCompany’s or such affiliate’s designee or other representative.

Appears in 1 contract

Samples: Employment Agreement (Beacon Enterprise Solutions Group Inc)

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

Appears in 1 contract

Samples: Employment Agreement (Bullish)

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

Appears in 1 contract

Samples: Employment Agreement (Complete Production Services, Inc.)

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

Appears in 1 contract

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

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

Appears in 1 contract

Samples: Employment Agreement (Nine Energy Service, Inc.)

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

Appears in 1 contract

Samples: Employment Agreement (Forum Energy Technologies, Inc.)

Deemed Resignations. Unless otherwise agreed to in writing by Parent or the Company and Executive prior to the termination of Executive’s employment, any termination of Executive’s employment shall constitute (a) an automatic resignation of Executive Executive, as applicable: (a) as an officer of the Company and each other member of the Company Group (as applicable) and Affiliate; (b) an automatic resignation of Executive from the Board; (c) from the board of directors or similar governing body of any member of the Company Group, Affiliate; and (d) from the board of directors or similar governing body of any corporation, limited liability entity or other entity in which any member of the Company Group or any Affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as any member of the Company GroupCompany’s or such Affiliate’s designee or other representative.

Appears in 1 contract

Samples: Executive Employment Agreement (Kosmos Energy Ltd.)

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

Appears in 1 contract

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

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

Appears in 1 contract

Samples: Employment Agreement (Nine Energy Service, Inc.)

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