Common use of Director Resignation Clause in Contracts

Director Resignation. A director of the Company shall have resigned from the Board of Directors effective as of the Closing.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Hexcel Corp /De/), Stock Purchase Agreement (Hexcel Corp /De/), Stock Purchase Agreement (Hexcel Corp /De/)

AutoNDA by SimpleDocs

Director Resignation. A director of Immediately prior to the Closing, the Company shall have resigned from cause one member of the existing Board of Directors effective as of the Closingto resign.

Appears in 2 contracts

Samples: Stock Purchase Agreement (ONCOSEC MEDICAL Inc), Stock Purchase Agreement (ONCOSEC MEDICAL Inc)

AutoNDA by SimpleDocs

Director Resignation. A director of At such time as Employee is no longer the Company Company’s President and CEO, he shall have resigned resign from the Company’s Board of Directors effective as of the ClosingDirectors.

Appears in 2 contracts

Samples: Executive Agreement, Executive Agreement (Conceptus Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!