Common use of Director Position Clause in Contracts

Director Position. Executive shall be appointed to the Board of ----------------- Directors of the Company promptly following the Commencement Date and shall be nominated by the Company for reelection as a director at each meeting of the stockholders at which directors are elected. Executive agrees to resign from the Board of Directors in the event his employment with the Company terminates.

Appears in 1 contract

Samples: Employment Agreement (Diva Systems Corp)

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Director Position. Executive shall be appointed to the Board of ----------------- Directors of the Company promptly following the Commencement Date and shall be nominated by the Company for reelection as a director at each meeting of the stockholders at which directors are elected. Executive agrees to resign from the Board of Directors in the event his employment with he ceases to hold the Company terminatesoffices of President and Chief Executive Officer.

Appears in 1 contract

Samples: Employment Agreement (Diva Systems Corp)

Director Position. Executive shall be appointed to the Board of ----------------- Directors a director of the Company promptly following after Executive's commencement of employment with the Commencement Date Company as CEO, and shall be nominated by the Company for reelection election as a director at each meeting the 2000 Annual Meeting of the stockholders at which directors are electedCompany's Shareholders. Executive agrees to resign from that, without further action or acknowledgment by Executive or the Board Company, his position as a director shall terminate upon Executive's termination of Directors employment as set forth in the event his employment with the Company terminatesSection 10 hereto.

Appears in 1 contract

Samples: Employment Agreement (Interdigital Communications Corp)

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Director Position. Executive shall be appointed to the Board of ----------------- Directors of the Company promptly following the Commencement Effective Date and during the term of this Agreement shall be nominated by the Company for reelection as a director at the Annual Meeting of Stockholders each meeting of the stockholders at which directors are electedyear thereafter. Executive agrees to resign from the Board as a director promptly following any termination of Directors in the event his employment with the Company terminatesthis Agreement.

Appears in 1 contract

Samples: Employment Agreement (Ia Corp)

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