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Common use of Directorship Clause in Contracts

Directorship. In addition, Executive shall continue as a Director of each of the Boards following the Effective Date, and shall be nominated for re-election to the Board during the Term, subject to the Board’s fiduciary duties. Executive agrees to resign as a member of the Boards, in the event his employment under this Agreement terminates for any reason, effective as of the date of such termination.

Appears in 2 contracts

Samples: Employment Agreement (Rockville Financial, Inc. /CT/), Employment Agreement (Rockville Financial, Inc. /CT/)

Directorship. In addition, Executive shall continue serve as a Director of each of the Boards following the Effective Date, Date and shall be nominated for re-election to the Board during the Term, subject to the Board’s fiduciary duties. Executive agrees to resign as a member of the Boards, in the event his employment under this Agreement terminates for any reason, effective as of the date of such termination.

Appears in 2 contracts

Samples: Employment Agreement (Rockville Financial, Inc. /CT/), Employment Agreement (Rockville Financial, Inc. /CT/)

Directorship. In addition, Executive shall continue as a Director of each of the Boards following the Effective Date, and shall be nominated for re-election to each of the Board Boards during the Term, subject to the respective Board’s fiduciary duties. Executive agrees that he shall be deemed to resign have resigned as a member of the Boards, in the event his employment under this Agreement terminates for any reason, effective as of the date of such termination.

Appears in 1 contract

Samples: Employment Agreement (United Financial Bancorp, Inc.)