Resignation and Payment Sample Clauses

Resignation and Payment. (a) Xx. Xxxxxx shall resign from all offices and positions he holds or may hold with Cenveo and any and all other businesses or entities owned or controlled directly or indirectly by Cenveo, including without limitation his positions as President and Chief Executive Officer of Cenveo, but not his position as a director of Cenveo. Xx. Xxxxxx shall submit a resignation letter to the Board of Directors of Cenveo in the form set forth in Attachment A on or before January 6, 2005. Xx. Xxxxxx'x resignation shall be effective on the last day of the month in which it is accepted by Cenveo's Board of Directors (the "Termination Date"). Cenveo and ---------------- Xx. Xxxxxx agree that until the Termination Date, he shall be entitled to receive all benefits due him under the terms of the Employment and Executive Severance Agreement dated March 10, 2003 between Xx. Xxxxxx and Cenveo, Inc. (the "Employment and Executive Severance Agreement") and further that he -------------------------------------------- shall remain in all positions he currently holds with Cenveo and any and all other businesses or entities owned or controlled directly or indirectly by Cenveo.
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Resignation and Payment. Employee hereby resigns his employment and from all positions and offices, if any, that he holds with the Company or its affiliates. In connection with Employee’s resignation, the Company agrees to make the following payments to Employee:
Resignation and Payment. (a) Employee was employed as Chief Executive Officer of VIA through January 18, 2002 (the “Separation Date”), on which date he stepped down and resigned all of the offices and positions he then held with VIA (and/or its subsidiaries), including without limitation his positions as Chief Executive Officer and Chairman of the Board of Directors, and his employment with VIA (and/or its subsidiaries) ended. To the extent that Employee still holds any offices and positions with VIA, Employee hereby resigns from such positions. Employee agrees to execute and deliver to VIA any formal written resignations reasonably requested by VIA to document the resignations herein.
Resignation and Payment. Pursuant to Mr. Xxxxxxxx'x xxxice of resignation/retirement, Mr. Xxxxxxxx'x xxxloyment with CALLON will end effective September 7, 2012 (the “Separation Date”). In exchange for Mr. Xxxxxxxx'x xxxice of resignation/retirement and this Release, CALLON shall pay Mr. Xxxxxxxx $ 010,300 (which includes $38,500 for accrued vacation) minus lawful withholdings (the “Payment”); to be paid within fourteen (14) calendar days after this Agreement becomes effective as explained below. Mr. Xxxxxxxx xxxerstands that the Payment is in addition to anything of value to which he is already entitled. The payment is contingent and without limitation upon his current and continuing compliance with the provisions of this Agreement Health Insurance. Callon agrees to continue health and dental insurance coverage for Woodxxxx xxx his eligible dependents under Callxx'x xxxup health insurance plan as it may be amended from time to time until the earlier of the date Woodxxxx xxxomes eligible for Medicare benefits or the date Woodxxxx xxxains new coverage as a result of any future employment, and to pay Woodxxxx xxx his eligible dependents' portion of the premium while such coverage is continued. When requested by Woodxxxx, Xxxxxx xxxl provide any necessary evidence of continuation coverage.
Resignation and Payment. X. Xxxxx voluntarily resigns her employment with the Board effective December 5, 2023. The Board accepts Xxxxx’ voluntary resignation, effective that date. Xxxxx shall receive her regular salary and benefits through December 5, 2023 in accordance with the Board’s normal processes. Xxxxx shall work remotely until her resignation date, except as otherwise directed by the Chair of the Board of Trustees. Xxxxx shall prepare a transition memorandum and provide the memorandum to the Chair of the Board of Trustees prior to December 5, 2023.

Related to Resignation and Payment

  • Consideration and Payment The purchase price for the sale of the Purchased Assets sold to the Purchaser on the Closing Date shall equal the estimated fair market value of the Purchased Assets. Such purchase price shall be paid in cash to Santander Consumer in an amount agreed to between Santander Consumer and the Purchaser, and, to the extent not paid in cash by the Purchaser, shall be paid by a capital contribution by Santander Consumer of an undivided interest in such Purchased Assets that increases its equity interest in the Purchaser in an amount equal to the excess of the estimated fair market value of the Purchased Assets over the amount of cash paid by the Purchaser to Santander Consumer.

  • Compensation and Payment 3.1 Contractor’s fees shall be calculated at the rates set forth in the attached Exhibit

  • Collection and Payment The Trustees shall have full power and authority to collect all property due to the Trust; to pay all claims, including taxes, against the Trust or Trust Property; to prosecute, defend, compromise, settle or abandon any claims relating to the Trust or Trust Property; to foreclose any security interest securing any obligations, by virtue of which any property is owed to the Trust; and to enter into releases, agreements and other instruments.

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