Common use of Directorship Clause in Contracts

Directorship. The removal of the Executive from the office of director of the Company or the failure of the Company in general meeting to re-elect the Executive as a director of the Company (if he shall be obliged to retire by rotation or otherwise pursuant to the articles of association of the Company) shall terminate the Executive's employment under this Agreement and such termination shall be without prejudice to any claim which the Executive may have for damages for breach of this Agreement provided that the Company was not entitled at the time of such removal or failure to re-elect to terminate his employment.

Appears in 3 contracts

Samples: Employment Agreement (Getty Images Inc), Employment Agreement (Getty Images Inc), Employment Agreement (Getty Images Inc)

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Directorship. The removal of the Executive from the office of director of the Company or any member of the Group or the failure of the Company or any member of the Group in general meeting to re-elect the Executive as a director if under the Articles of Association for the time being of such company shall not terminate his employment under this Agreement. The Executive shall not during his employment resign his office as a director of the Company (if he shall be obliged to retire by rotation or otherwise pursuant to the articles of association any member of the Company) shall terminate the Executive's employment under this Agreement and Group or do anything which could cause him to be disqualified from continuing to act as such termination shall be without prejudice to any claim which the Executive may have for damages for breach of this Agreement provided that the Company was not entitled at the time of such removal or failure to re-elect to terminate his employmenta director.

Appears in 1 contract

Samples: Service Agreement (Regus PLC)

Directorship. The removal of the Executive from the office of director of the Company or any Associated Company or the failure of the Company in general meeting to re-elect the Executive as a director of the Company (if under the Articles of Association for the time being of the Company he shall be obliged to retire by rotation or otherwise pursuant to the articles of association of the Company) shall not terminate the Executive's his employment under this Agreement and such termination Agreement. The Executive shall be without prejudice to any claim which not except with the Executive may have for damages for breach prior written consent of this Agreement provided that the Company was not entitled at during his employment resign his office as a director of the time of Company or any Associated Company or do anything which could cause him to be disqualified from continuing to act as such removal or failure to re-elect to terminate his employmenta director.

Appears in 1 contract

Samples: Service Agreement (HCC Insurance Holdings Inc/De/)

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Directorship. The removal of the Executive from the office of director of the Company or the failure of the Company in general meeting to re-elect the Executive as a director of the Company (if under the Articles of Association for the time being of the Company he shall be obliged to retire by rotation or otherwise pursuant to the articles of association of the Company) shall not terminate the Executive's his employment under this Agreement and such termination Agreement. The Executive shall be without prejudice to any claim which not except with the Executive may have for damages for breach consent of this Agreement provided that the Company was not entitled at during his employment resign his office as a director of the time of Company or any Associated Company or do anything which could cause him to be disqualified from continuing to act as such removal or failure to re-elect to terminate his employmenta director.

Appears in 1 contract

Samples: Employment Agreement (Molson Coors Brewing Co)

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