Common use of Deemed Resignations Clause in Contracts

Deemed Resignations. Unless otherwise agreed to in writing by the Company and the Executive prior to the termination of the Executive’s employment, any termination of the Executive’s employment shall, without changing the basis for termination of employment or the impact of such termination on the Executive’s rights, if any, under this Agreement, constitute (i) an automatic resignation of the Executive from any position held as an officer of the Company and any of its Affiliates and (ii) an automatic resignation of the Executive from the Board (if applicable), from the board of directors or similar governing body of 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 the Company or any Affiliate holds an equity interest and with respect to which board or similar governing body the Executive serves as the Company’s or such Affiliate’s designee or other representative.

Appears in 8 contracts

Samples: Employment Agreement (Summit Midstream Corp), Employment Agreement (Summit Midstream Corp), Employment Agreement (Summit Midstream Corp)

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Deemed Resignations. Unless otherwise agreed to in writing by the Company and the Executive Employee prior to the termination of the ExecutiveEmployee’s employment, any termination of the ExecutiveEmployee’s employment shall, without changing the basis for termination of employment or the impact of such termination on the ExecutiveEmployee’s rights, if any, under this AgreementSection 7, constitute (i) an automatic resignation of the Executive Employee from any position held as an officer of the Company and any each Affiliate of its Affiliates the Company and (ii) an automatic resignation of the Executive Employee from the Board (if applicable), from the board of directors or similar governing body of 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 the Company or any Affiliate holds an equity interest and with respect to which board or similar governing body the Executive Employee serves as the Company’s or such Affiliate’s designee or other representative.

Appears in 7 contracts

Samples: Employment Agreement (EP Energy Corp), Employment Agreement (EP Energy Corp), Employment Agreement (MBOW Four Star, L.L.C.)

Deemed Resignations. Unless otherwise agreed to in writing by the Company and the Executive Employee prior to the termination of the ExecutiveEmployee’s employment, any termination of the ExecutiveEmployee’s employment shall, without changing the basis for termination of employment or the impact of such termination on the Executive’s rights, if any, under this Agreement, constitute shall constitute: (ia) an automatic resignation of the Executive from any position held Employee as an officer of the Company and any each member of its Affiliates and the Company Group, as applicable, (iib) an automatic resignation of the Executive Employee from the Board Board, as applicable; (c) if applicable), an automatic resignation of Employee from the board of directors (or similar governing body body) of any Affiliate member of the Company Group and from the board of directors (or similar governing body body) of any corporation, limited liability entity or other entity in which the Company or any Affiliate member of the Company Group holds an equity interest and with respect to which board (or similar governing body the Executive body) Employee serves as the Company’s or such Affiliatemember of the Company Group’s designee or other representative.

Appears in 5 contracts

Samples: Employment Agreement (Niska Gas Storage Partners LLC), Employment Agreement (Niska Gas Storage Partners LLC), Employment Agreement (Niska Gas Storage Partners LLC)

Deemed Resignations. Unless otherwise agreed to in writing by the Company and the Executive prior to the termination of the Executive’s employment, any termination of the Executive’s employment shall, without changing the basis for termination of employment or the impact of such termination on the Executive’s rights, if any, under this Agreement, constitute shall constitute: (i) an automatic resignation of the Executive from any position held as an officer of the Company and any each Affiliate of its Affiliates and the Company, as applicable, (ii) an automatic termination of any powers of attorney granted to Executive by the Company and each Affiliate of the Company, as applicable, and (iii) an automatic resignation of the Executive from the Board (if applicable), from the board of directors or similar governing body of any Affiliate 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 holds an equity interest and with respect to which board or similar governing body the Executive serves as the Company’s or such Affiliate’s designee or other representativerepresentative (if applicable).

Appears in 5 contracts

Samples: Employment Agreement (Pattern Energy Group Inc.), Employment Agreement (Pattern Energy Group Inc.), Employment Agreement (Pattern Energy Group Inc.)

Deemed Resignations. Unless Except as otherwise determined by the Board or as otherwise agreed to in writing by Executive and any member of the Company and the Executive Group prior to the termination of the Executive’s employmentemployment with the Company or any member of the Company Group, any termination of the Executive’s employment shallshall constitute, without changing the basis for termination of employment or the impact of such termination on the Executive’s rightsas applicable, if any, under this Agreement, constitute (i) an automatic resignation of the Executive from any position held Executive: (a) as an officer of the Company and any each member of its Affiliates the Company Group; (b) from the Board; and (iic) an automatic resignation of the Executive from the Board (if applicable), from the board of directors or board of managers (or similar governing body body) of any Affiliate member of the Company Group and from the board of directors or board of managers (or similar governing body body) of any corporation, limited liability entity, unlimited liability 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 of directors or board of managers (or similar governing body the body) Executive serves as the Company’s or such AffiliateCompany Group member’s designee or other representative.

Appears in 3 contracts

Samples: Employment Agreement (Wrap Technologies, Inc.), Employment Agreement (Wrap Technologies, Inc.), Change in Control Agreement (Liberty Oilfield Services Inc.)

Deemed Resignations. Unless Except as otherwise determined by the Board or as otherwise agreed to in writing by Executive and any member of the Company and the Executive Group prior to the termination of the Executive’s employmentemployment with the Company, Parent or any member of the Company Group, any termination of the Executive’s employment shallshall constitute, without changing the basis for termination of employment or the impact of such termination on the Executive’s rightsas applicable, if any, under this Agreement, constitute (i) an automatic resignation of the Executive from any position held Executive: (i) as an officer of the Company and any each member of its Affiliates and the Company Group; (ii) an automatic resignation of the Executive from the Board Board; and (if applicable), c) from the board of directors or board of managers (or similar governing body body) of any Affiliate member of the Company Group and from the board of directors or board of managers (or similar governing body body) of any corporation, limited liability entity, unlimited liability 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 of directors or board of managers (or similar governing body the body) Executive serves as the Company’s or such AffiliateCompany Group member’s designee or other representative.

Appears in 2 contracts

Samples: Employment Agreement (Global Gas Corp), Unit Purchase Agreement (Dune Acquisition Corp)

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Deemed Resignations. Unless otherwise agreed to in writing by the Company and the Executive Employee prior to the termination of the ExecutiveEmployee’s employment, any termination of the ExecutiveEmployee’s employment shall, without changing the basis for termination of employment or the impact of such termination on the Executive’s rights, if any, under this Agreement, constitute shall constitute: (ia) an automatic resignation of the Executive from any position held Employee as an officer of the Company and any each member of its Affiliates and the Company Group, as applicable, (iib) an automatic resignation of the Executive Employee from the Board Board, as applicable; (c) if applicable), an automatic resignation of Employee from the board of directors (or similar governing body body) of any Affiliate member of the Company Group and from the board of directors (or similar governing body body) of any corporation, limited liability 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 the Executive body) Employee serves as the Company’s or such AffiliateCompany Group member’s designee or other representative.

Appears in 2 contracts

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

Deemed Resignations. Unless otherwise agreed to in writing by the Company and the Executive prior to the termination of the Executive’s employment, any termination of the Executive’s employment shall, without changing the basis for termination of employment or the impact of such termination on the Executive’s rights, if any, under this Agreement, constitute (i) an automatic resignation of the Executive from any position held as an officer of the Company and any each Affiliate of its Affiliates the Company and (ii) an automatic resignation of the Executive from the Board (if applicable), from the board of directors or similar governing body of 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 the Company or any Affiliate holds an equity interest and with respect to which board or similar governing body the Executive serves as the Company’s or such Affiliate’s designee or other representative.

Appears in 2 contracts

Samples: Employment Agreement (Blueknight Energy Partners, L.P.), Employment Agreement (Blueknight Energy Partners, L.P.)

Deemed Resignations. Unless otherwise agreed to in writing by the Company and the Executive prior to the termination of the Executive’s 's employment, any termination of the Executive’s 's employment shall, without changing the basis for termination of employment or the impact of such termination on the Executive’s 's rights, if any, under this Agreement, constitute (i) an automatic resignation of the Executive from any position held as an officer of the Company and any of its Affiliates and (ii) an automatic resignation of the Executive from the Board of Managers of the General Partner (if applicable), from the board of directors or similar governing body of 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 the Company or any Affiliate holds an equity interest and with respect to which board or similar governing body the Executive serves as the Company’s 's or such Affiliate’s 's designee or other representative.

Appears in 2 contracts

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

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