Deliveries on Closing. If, after completion of the transaction of purchase and sale, the vendor will not own any Shares or other securities of the Corporation, the vendor shall deliver or cause its nominees to deliver, at the time of completion of the sale, a written resignation from all positions on the Board of Directors and from any offices and employment with the Corporation, as reasonably requested by the Corporation.
Appears in 9 contracts
Samples: Shareholders Agreement, Shareholders Agreement (Matthews Terence H), Shareholders Agreement (Power Technology Investment CORP)