Common use of No Resignation Clause in Contracts

No Resignation. (a) In consideration of this Agreement, the Executive agrees that he will not resign from the Company without Good Reason for at least one hundred eighty (180) days from the date hereof, except the foregoing shall not apply after a Change of Control.

Appears in 6 contracts

Samples: Change of Control (Overseas Shipholding Group Inc), Change of Control (Overseas Shipholding Group Inc), Change of Control (Overseas Shipholding Group Inc)

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No Resignation. (a) In consideration of this Agreement, the Executive agrees that he will not to resign from the Company without Good Reason for at least one hundred eighty (180) days from the date hereof, except the foregoing shall not apply after a Change of Control.

Appears in 3 contracts

Samples: Change of Control (Overseas Shipholding Group Inc), Change of Control (Overseas Shipholding Group Inc), Change of Control (Overseas Shipholding Group Inc)

No Resignation. (a) In consideration of this Agreement, the Executive agrees that he she will not resign from the Company without Good Reason for at least one hundred eighty (180) days from the date hereof, except the foregoing shall not apply after a Change of Control.

Appears in 1 contract

Samples: Change of Control (Overseas Shipholding Group Inc)

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No Resignation. (a) In consideration of this Agreement, the Executive agrees that he will not resign from the Company without Good Reason for at least one hundred eighty (180) days from the date hereofEffective Time, except the foregoing shall not apply after a Change of Control.

Appears in 1 contract

Samples: Change of Control (Overseas Shipholding Group Inc)

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