Foreign Entities. Without regard to the circumstances of Executive’s termination from employment, Executive hereby also covenants that upon termination, if he is listed as an officer, director, partner, secretary or shareholder on any Affiliate, division or branch of the Company, he will sign over any and all rights to stock (except Company stock and stock rights that Executive holds personally) and/or resign as an officer or director of such entity prior to departure from the Company as required by the law applicable to the entity or by that entity’s procedural requirements.
Appears in 9 contracts
Samples: Employment Agreement (Natures Sunshine Products Inc), Employment Agreement (Natures Sunshine Products Inc), Employment Agreement (Natures Sunshine Products Inc)
Foreign Entities. Without regard to the circumstances of Executive’s termination from employment, Executive hereby also covenants that upon termination, if she/he is listed as an officer, director, partner, secretary or shareholder on any Affiliatecorporation, division subsidiary or branch on behalf of the CompanyNature’s Sunshine Products, he Inc. or any related entity, he/she will sign over any and all rights to stock (except Company stock and stock rights that Executive holds personally) and/or resign as an officer or director of such entity prior to departure from the Company as required by the law applicable to the entity or by that entity’s procedural requirements.
Appears in 6 contracts
Samples: Employment Agreement (Natures Sunshine Products Inc), Employment Agreement (Natures Sunshine Products Inc), Employment Agreement (Natures Sunshine Products Inc)
Foreign Entities. Without regard to the circumstances of Executive’s termination from employment, Executive hereby also covenants that upon termination, if he is listed as an officer, director, partner, secretary or shareholder on any Affiliatecorporation, division subsidiary or branch on behalf of the CompanyNature’s Sunshine Products, Inc. or any related entity, he will sign over any and all rights to stock (except Company stock and stock rights that Executive holds personally) and/or resign as an officer or director of such entity prior to departure from the Company as required by the law applicable to the entity or by that entity’s procedural requirements.
Appears in 4 contracts
Samples: Employment Agreement (Natures Sunshine Products Inc), Employment Agreement (Natures Sunshine Products Inc), Employment Agreement (Natures Sunshine Products Inc)
Foreign Entities. Without regard to the circumstances of Executive’s termination from employment, Executive hereby also covenants that upon termination, if she/he is listed as an officer, director, partner, secretary or shareholder on any Affiliatecorporation, division subsidiary or branch on behalf of the CompanyNature’s Sunshine Products, he Inc. or any related entity, he/she will sign over any and all rights to stock (except Company stock and stock rights that Executive holds personally) and/or resign as an officer or director of such entity prior to departure from the Company as required by the law applicable to the entity or by that entity’s procedural requirements.
Appears in 3 contracts
Samples: Employment Agreement (Natures Sunshine Products Inc), Employment Agreement (Natures Sunshine Products Inc), Employment Agreement (Natures Sunshine Products Inc)
Foreign Entities. Without regard to the circumstances of Executive’s termination from employment, Executive hereby also covenants that upon termination, if he is listed as an officer, director, partner, secretary or shareholder on any Affiliatesubsidiary, division or branch of the Company, he Executive will sign over any and all rights to stock (except Company stock and stock rights that Executive holds personally) and/or resign as an officer or director of such entity prior to departure from the Company as required by the law applicable to the entity or by that entity’s procedural requirements.
Appears in 1 contract
Samples: Executive Agreement (Natures Sunshine Products Inc)
Foreign Entities. Without regard to the circumstances of Executive’s 's termination from employment, Executive hereby also covenants that upon termination, if she/he is listed as an officer, director, partner, secretary or shareholder on any Affiliatecorporation, division subsidiary or branch on behalf of the CompanyNature's Sunshine Products, he Inc. or any related entity, he/she will sign over any and all rights to stock (except Company stock and stock rights that Executive holds personally) and/or resign as an officer or director of such entity prior to departure from the Company as required by the law applicable to the entity or by that entity’s 's procedural requirements.
Appears in 1 contract
Samples: Employment Agreement (Natures Sunshine Products Inc)