Officer Resignation Sample Clauses
The Officer Resignation clause outlines the process by which an officer of a company may voluntarily step down from their position. Typically, this clause specifies the required notice period the officer must provide, any formal procedures for submitting a resignation (such as written notice to the board), and may address the effective date of resignation or any ongoing obligations. Its core practical function is to ensure a clear and orderly transition when an officer leaves, minimizing disruption to company operations and clarifying the responsibilities of both the resigning officer and the organization.
Officer Resignation. Upon termination of his employment with the Company for any reason, the Employee shall resign, as of the date of such termination, from any corporate office or director position held with the Company or any member of the SGE Group.
Officer Resignation. Any officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Board or any Director. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any officer may be removed as such, either with or without cause, by the Board in its sole discretion; provided, however, that such removal shall be without prejudice to the contract rights, if any, of the individual so removed. Designation of an officer shall not of itself create contractual or employment rights. Any vacancy occurring in any office of the Company may be filled by the Board.
Officer Resignation. 33.01 When an Officer decides to resign from employment with the Company, they shall endeavour to provide Master or the Company Office a minimum of fourteen (14) calendar days’ notice in writing.
33.02 The Company will not pay the cost of transportation from the vessel to an Officer's home when an Officer resigns while working on board a vessel.
(a) Should an Officer work less than their scheduled tour of duty, the Company shall be entitled to recover all related expenses incurred while joining the vessel.
(b) If the vessel is trading outside of Canadian waters and the Company is required to repatriate the Officer, the cost of repatriation will be deducted from the Officer's pay cheque.
Officer Resignation. Executive must resign as an officer from all official positions related to Executive's employment by Centex as of the Separation Date by delivering to Centex with Executive's signed copy of this Agreement the Officer Resignation attached hereto as EXHIBIT B, and incorporated herein by reference.
Officer Resignation. Effective as of November 5, 2007, I hereby resign from my officer position as Executive Vice President, Chief Financial Officer, of the following companies: • H&R Block, Inc., a Missouri Corporation • HRB Management, Inc., a Missouri Corporation By: /s/ W▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ W▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Dated: December 27, 2007 10/4/04* $ 24,905 100,000 100,000 6/30/05* $ 29.175 100,000 66,666 33,333 6/30/06* $ 23.86 125,000 41,666 83,334 6/30/07* $ 23.37 125,000 83,333 * The entire option will be classified as a nonqualified stock option. Grant Date G▇▇▇▇ ▇▇▇▇▇ Outstanding Vested Accelerated 6/30/05 $ 0.00 4,667 0 4,667 Grant Date G▇▇▇▇ ▇▇▇▇▇ Outstanding Vested Accelerated 6/30/06 $ 0.00 15,000 0 * * #of shares actually awarded will be determined at end of 3-year performance cycle (6/30/09) based on actual performance results. Award will be prorated based on the # of days worked by associate during the 3 year performance cycle.
Officer Resignation. F▇▇▇▇▇▇ shall take all necessary and appropriate actions to resign his position as COO of the Company and as an officer and/or director of all subsidiaries of the Company effective December 31, 2007 (the “Resignation Date”). Following the resignation as Chief Operating Officer, F▇▇▇▇▇▇ shall remain employed through December 31, 2008.
Officer Resignation. I, ▇▇▇▇ ▇. ▇▇▇▇▇, do hereby submit my resignation as Senior Vice President, Secretary & Chief Legal Officer of ▇▇▇▇▇▇▇ Electric Co., and any other positions (if any) I may hold with any subsidiaries or affiliates of Emerson, effective December 31, 2023.
Officer Resignation. Executive hereby resigns all positions as an officer of Company and all affiliates of Company, including without limitation his position as Senior Vice President, Equipment, Procurement & Maintenance of Company and all such affiliates, and Company hereby accepts such resignation.
Officer Resignation. 21 .01 When an Officer decides to resign from employment with the Company, he/she must give the Master a minimum of forty-eight (48) hours notice in writing .
21 .02 The Company will not pay the cost of transportation from the vessel to an Officer's home when an Officer resigns while working on board a vessel. Should an Officer work less than fifteen (1 5) days of his/her scheduled tour of duty, the Company shall be entitled to recover all related expenses incurred while joining the vessel. If the ship is trading outside of Canadian waters and the Company is required to repatriate the Officer, the cost of repatriation will be deducted from the Officer's pay cheque.
21 .03 Officers with less than five (5) year's Company seniority who receive training provided by the Company shall be required to repay 1 00% of the total cost of providing the training if the Officer leaves the employ of the Company within twelve (1 2) months of the training date.
Officer Resignation. L▇▇▇▇ ▇▇▇▇▇▇▇ shall have delivered his resignation as Interim Chief Executive Officer and Interim President of each of PNSO and the Surviving Corporation, effective as of the respective effective dates of the appointments of a new Chief Executive Officer and President of each of PNSO and the Surviving Corporation.