Common use of Removal From Positions Clause in Contracts

Removal From Positions. Executive shall retire from employment with the Company and its subsidiaries and affiliates (collectively, the “Company Group”) on December 31, 2020 (such date, the “Retirement Date”). In that regard, as of the Retirement Date, Executive’s position as Executive Vice President and Chief Investment Officer of the Company and all other officer positions, directorships, and other positions that Executive holds with the Company Group shall terminate.

Appears in 1 contract

Samples: Retirement and Transition Agreement (National Retail Properties, Inc.)

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Removal From Positions. Executive shall retire from employment with the Company and its subsidiaries and affiliates (collectively, the “Company Group”) on December 31January 1, 2020 2024 (such date, the “Retirement Date”). In that regardOn November 30, 2023, Executive shall no longer serve as General Counsel or Secretary of the Company but shall continue to serve as an Executive Vice President of the Company. As of the Retirement Date, Executive’s position as Executive Vice President and Chief Investment Officer of the Company President, and all other officer positions, directorships, and other positions that Executive holds with the Company Group shall terminate.

Appears in 1 contract

Samples: Retirement and Transition Agreement (NNN Reit, Inc.)

Removal From Positions. Executive shall retire from employment with the Company and its subsidiaries and affiliates (collectively, the “Company Group”) on December 31April 28, 2020 2022 (such date, the “Retirement Date”). In that regard, as of the Retirement Date, Executive’s position as Executive Vice President and Chief Investment Executive Officer of the Company and all other officer positions, directorships, and other positions that Executive holds with the Company Group shall terminate.

Appears in 1 contract

Samples: Retirement and Transition Agreement (National Retail Properties, Inc.)

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Removal From Positions. Executive shall retire from employment with the Company and its subsidiaries and affiliates (collectivelyGroup on January 6, the “Company Group”) on December 31, 2020 2017 (such date, the “Retirement Date”). In that regard, as of the Retirement Date, (a) Executive’s position as Executive Vice President and Chief Investment Operating Officer of the Company Company, and (b) all other officer positions, directorships, directorships and other positions that Executive holds with the Company Group shall terminate.

Appears in 1 contract

Samples: Separation Agreement (NCI, Inc.)

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