Removal from All Positions. Upon a termination of Executive’s employment for any reason, unless requested otherwise by the Company, Executive shall be deemed to have resigned from each position (if any) that Executive then holds as an officer or director of the Company or any of its affiliates and, where requested by the Company, Executive shall resign from any such position with immediate effect and without compensation. Notwithstanding the foregoing, this Section 6(h) shall only apply with respect to Executive’s resignation from the Board in the event the Company terminates Executive’s employment for Cause.
Appears in 2 contracts
Samples: Employment Agreement (Social Leverage Acquisition Corp I), Employment Agreement (Social Leverage Acquisition Corp I)
Removal from All Positions. Upon a termination of If the Executive’s employment is terminated for any reason, unless requested otherwise by the Company, Executive he shall be deemed to have resigned resign as of the Date of Termination from any and all positions he holds with the Company and each position (if any) that Executive then holds of its subsidiaries and affiliates, including, but not limited to, from his positions as an officer or director of the Company or any and as a member of its affiliates and, where requested by the Company, Executive shall resign from any such position with immediate effect and without compensation. Notwithstanding the foregoing, this Section 6(h) shall only apply with respect to Executive’s resignation from the Board in the event the Company terminates Executive’s employment for CauseBoard.
Appears in 2 contracts
Samples: Employment Agreement (Aceto Corp), Employment Agreement (Aceto Corp)