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 an automatic resignation of Employee: (i) as an officer of the Company and each Affiliate; (ii) as a member of the Board (if applicable); (iii) from the board of directors or similar governing body of any Affiliate; and (iv) from the board of directors or similar governing body of any corporation, limited liability 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 Employee serves as the Company’s or such Affiliate’s designee or other representative.

Appears in 14 contracts

Samples: Employment Agreement (Cobalt International Energy, Inc.), Employment Agreement (Cobalt International Energy, Inc.), Severance Agreement (Cobalt International Energy, Inc.)

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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 (a) an automatic resignation of Employee: (i) Executive as an officer of the Company and each Affiliate; affiliate of the Company and (iib) as a member an automatic resignation of Executive from the Board (if applicable); (iii) , from the board of directors or similar governing body of any Affiliate; affiliate of the Company and (iv) from the board of directors or similar governing body of any corporation, limited liability entity or other entity in which the Company or any Affiliate affiliate holds an equity interest and with respect to which board or similar governing body Employee Executive serves as the Company’s or such Affiliateaffiliate’s designee or other representative.

Appears in 13 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 the Company and Employee prior to the termination of Employee’s employment, any termination of Employee’s employment shall constitute an automatic resignation of Employee: (i) Employee as an officer of the Company and each Affiliate; (ii) as a member affiliate of the Company, and an automatic resignation of Employee from the Board and the board of directors of the Company (if applicable); (iii) , from the board of directors or similar governing body of any Affiliate; affiliate of the Company and (iv) from the board of directors or similar governing body of any corporation, limited liability entity or other entity in which the Company or any Affiliate affiliate holds an equity interest and with respect to which board or similar governing body Employee serves as the Company’s or such Affiliateaffiliate’s designee or other representative.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Preferred Voice Inc), Employment Agreement (Preferred Voice Inc), Employment Agreement (Preferred Voice Inc)

Deemed Resignations. Unless otherwise agreed to in writing by the Company and Employee Parties prior to the termination of Employee’s employment, any termination of Employee’s employment shall constitute an automatic resignation of Employee: Employee (i) as an officer of the Company and each Affiliate; Company Affiliate (if applicable), (ii) as a member of from the Board (if applicable) and from the board of directors (or similar governing body) of each of Company’s Affiliates (if applicable); , and (iii) from the board of directors (or similar governing body of any Affiliate; and (ivbody) from the board of directors or similar governing body of any corporation, limited liability entity 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 body) Employee serves as the Company’s or such Affiliate’s a designee or other representativerepresentative of the Company.

Appears in 5 contracts

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

Deemed Resignations. Unless otherwise agreed to in writing by the Company and Employee Parties prior to the termination of Employee’s employment, any termination of Employee’s employment shall constitute an automatic resignation of Employee: Employee (i) as an officer of the Company and each Affiliate; of the Company’s Affiliates (if applicable), (ii) as a member of from the Board (if applicable) and from the board of directors (or similar governing body) of each of the Company’s Affiliates (if applicable); , and (iii) from the board of directors (or similar governing body of any Affiliate; and (ivbody) from the board of directors or similar governing body of any corporation, limited liability entity 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 body) Employee serves as the Company’s or such Affiliate’s a designee or other representativerepresentative of the Company.

Appears in 2 contracts

Samples: 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 an automatic resignation of Employee: (i) Employee as an officer of the Company and each Affiliate; (ii) as a member affiliate of Company and an automatic resignation of Employee from the Board (if applicable); (iii) and from the board of directors or similar governing body of any Affiliate; affiliate of Company and (iv) from the board of directors or similar governing body of any corporation, limited liability entity entity, or other entity in which the Company or any Affiliate affiliate holds an equity interest and with respect to which board or similar governing body Employee serves as the Company’s or such Affiliateaffiliate’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 the Company or the Employer and Employee prior to the termination of Employee’s employment, any termination of Employee’s employment shall constitute %3) an automatic resignation of Employee: (i) Employee as an officer of the Company and each Affiliate; (iiaffiliate of the Company and %3) as a member an automatic resignation of Employee from the Board (if applicable); (iii) , from the board of directors or similar governing body of any Affiliate; affiliate of the Company and (iv) from the board of directors or similar governing body of any corporation, limited liability entity or other entity in which the Company or any Affiliate affiliate holds an equity interest and with respect to which board or similar governing body Employee serves as the Company’s or such Affiliateaffiliate’s designee or other representative.

Appears in 1 contract

Samples: Employment Agreement (Extraction Oil & Gas, 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 an automatic resignation of Employee: (i) Employee as an officer of the Company and each Affiliate; (ii) as a member affiliate of the Board (if applicable); (iii) Company, and an automatic resignation of Employee from the board of directors or similar governing body of the Company (if applicable) and any Affiliate; affiliate of the Company and (iv) from the board of directors or similar governing body of any corporation, limited liability entity or other entity in which the Company or any Affiliate affiliate 3 FORM A holds an equity interest and with respect to which board or similar governing body Employee serves as the Company’s or such Affiliateaffiliate’s designee or other representative.

Appears in 1 contract

Samples: Employment Agreement (Cardtronics Inc)

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

Appears in 1 contract

Samples: Executive Employment Agreement (Comstock Resources Inc)

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

Appears in 1 contract

Samples: Employment Agreement (Philadelphia Energy Solutions Inc.)

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