Common use of Officer and Directorship Clause in Contracts

Officer and Directorship. In the event I am terminated or resign for any reason, I agree to resign, effective the same date, from any office or directorship held with the Company or any of its subsidiaries or affiliate companies.

Appears in 7 contracts

Samples: Executive Employment Agreement (Pedevco Corp), Employment Agreement (Pedevco Corp), Executive Employment Agreement (Pedevco Corp)

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Officer and Directorship. In the event I am Employee is terminated or resign resigns for any reason, I agree Employee agrees to resign, effective the same date, from any office or directorship held with the Company or any of its subsidiaries or affiliate companies.

Appears in 2 contracts

Samples: Employment Agreement (CAMAC Energy Inc.), Employment Agreement (CAMAC Energy Inc.)

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