Position Resignation Sample Clauses

Position Resignation. You hereby resign from your position as the Chief Executive Officer and President of the Company and as a member of the Company’s Board of Directors (the “Board”), to be effective on May 8, 2024 (the “Resignation Date”). You will resign from any other positions you have as an officer or director of the Company or any of its subsidiaries effective as of the Resignation Date.
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Position Resignation. You hereby resign your employment and from the roles of President and Chief Executive Officer effective December 31, 2019 (the “Employment End Date”). After that, you will remain a service provider pursuant to the below.
Position Resignation. On the Announcement Date, Executive will be deemed to have resigned voluntarily from all Company and Company subsidiary positions held by him, without any further required action by the Executive; provided however, if the Company or subsidiary requests, Executive will execute any documents necessary to reflect his resignation from such positions. Notwithstanding the foregoing, Executive will remain an employee of the Company until the Separation Date.
Position Resignation. You hereby resign from the role of Chief Financial Officer, and as an officer or director of the Company and any of its subsidiaries, effective August 4, 2020 and immediately following the Company’s filing of its quarterly report for the three-months ended June 30, 2020 with the Securities and Exchange Commission (the “Transition Date”). During the period commencing on the Transition Date and ending on October 1, 2020 (such date, the “Separation Date”) (such period, the “Transition Period”), you agree to provide transition and advisory services, and such other duties as may be assigned to you by the Chief Executive Officer. During the Transition Period, you will continue to be employed by the Company and (i) you will receive your base salary as in effect as of the date of this Agreement, (ii) your outstanding stock option will continue to vest in accordance with the Company’s 2014 Equity Incentive Plan and the applicable award agreements, and (iii) you will be eligible for continued participation the Company’s employee benefit plans; provided that you will no longer be eligible to receive an annual bonus or any other incentive compensation, including under the terms proposed to be included in the Company’s 2020 Performance Bonus Plan.

Related to Position Resignation

  • Resignation for Good Reason The Executive may resign from the Executive’s employment for Good Reason.

  • Deemed Resignation Upon termination of Executive’s employment for any reason, Executive shall be deemed to have resigned from all offices and directorships, if any, then held with the Company or any of its subsidiaries.

  • Resignation as Director Upon the Company’s written request, Executive agrees to promptly resign as a member of the Company’s Board of Directors following any termination of his employment with the Company (or any parent or subsidiary of the Company).

  • Termination and Resignation Your services as a Director may be terminated for any or no reason by the determination of the Board. You may also terminate your services as a Director for any or no reason by delivering your written notice of resignation to the Company (“Resignation”), and such Resignation shall be effective upon the time specified therein or, if no time is specified, upon receipt of the notice of resignation by the Company. Upon the effective date of the termination or Resignation, your right to compensation hereunder will terminate subject to the Company's obligations to pay you any compensation that you have already earned and to reimburse you for approved expenses already incurred in connection with your performance of your Duties as of the effective date of such termination or Resignation.

  • Resignation; Removal 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 Company Board. 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, at any time by the Company Board. Designation of an Officer shall not of itself create any contractual or employment rights.

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