Resignation as a Director. In the event of any termination of employment pursuant to this Agreement, Executive shall be deemed to have resigned voluntarily from the Board and any Committee of the Board, and from the board of directors (and any committee thereof) of all subsidiaries of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstance.
Appears in 10 contracts
Samples: Executive Employment Agreement (DMK PHARMACEUTICALS Corp), Executive Employment Agreement (DMK PHARMACEUTICALS Corp), Executive Employment Agreement (DMK PHARMACEUTICALS Corp)
Resignation as a Director. In the event of any Upon termination of the Executive's employment pursuant to this Agreementfor any reason, the Executive shall be deemed to have resigned voluntarily from the Board and from all other boards of, and other positions with, any Committee member of the BoardCompany Affiliated Group, and from the board of directors (and any committee thereof) of all subsidiaries of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstanceapplicable.
Appears in 5 contracts
Samples: Employment Agreement (NTL Inc), Severance Agreement (NTL Inc), Employment Agreement (NTL Inc)
Resignation as a Director. In the event of any termination of employment pursuant to this Agreement, Executive shall be deemed to have resigned voluntarily from the Board and any Committee of the Board, and from of the board of directors (and any committee thereof) of all subsidiaries of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstance.
Appears in 5 contracts
Samples: Executive Employment Agreement (Adamis Pharmaceuticals Corp), Executive Employment Agreement (Adamis Pharmaceuticals Corp), Executive Employment Agreement (Adamis Pharmaceuticals Corp)
Resignation as a Director. In the event of any Upon termination of the Executive’s employment pursuant to this Agreementfor any reason, the Executive shall be deemed to have resigned voluntarily from the Board and from all other boards of, and other positions with, any Committee member of the BoardCompany Affiliated Group, and from the board of directors (and any committee thereof) of all subsidiaries of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstanceapplicable.
Appears in 5 contracts
Samples: Employment Agreement (NTL Inc), Employment Agreement (NTL Inc), Employment Agreement (NTL Inc)
Resignation as a Director. In the event of any Upon termination of Executive’s employment pursuant to this Agreementby the Company for any reason or the resignation of or retirement from employment by the Executive, the Executive shall be deemed to have resigned voluntarily provide the Chairman of the Board with his written resignation from the Company’s Board and any Committee of the Boardall subsidiary Boards, and from the board of directors (and any committee thereof) of all subsidiaries of Board may choose to accept or reject the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstanceas a Company Board member.
Appears in 5 contracts
Samples: Termination Benefits Agreement (Teradyne, Inc), Agreement Regarding Termination Benefits (Teradyne, Inc), Termination Benefits Agreement (Teradyne Inc)
Resignation as a Director. In the event of any termination of employment pursuant to this Agreement, Executive shall be deemed to have resigned voluntarily from the Board and any Committee of the Board, and from of the board of directors (and any committee thereof) of all subsidiaries and affiliates of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstance.
Appears in 4 contracts
Samples: Executive Employment Agreement (DPW Holdings, Inc.), Executive Employment Agreement (DPW Holdings, Inc.), Executive Employment Agreement (Digital Power Corp)
Resignation as a Director. In the event of any termination of employment pursuant to this Agreement, Executive shall be deemed to have resigned voluntarily from the Board and any Committee of the Board, and from the board of directors (and any committee thereof) of all subsidiaries of the Company, Board upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstance.
Appears in 2 contracts
Samples: Executive Employment Agreement (Genoptix Inc), Executive Employment Agreement (Genoptix Inc)
Resignation as a Director. In the event of any Upon termination of Executive’s employment pursuant to this Agreementby the Company for any reason or the resignation of or retirement from employment by the Executive, the Executive shall be deemed to have resigned voluntarily provide the Chairman of the Board with his written resignation from the Board and any Committee all subsidiary boards of the Boarddirectors and similar governing bodies, and from the board of directors (and any committee thereof) of all subsidiaries of Board may choose to accept or reject the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstanceas a Board member.
Appears in 1 contract
Resignation as a Director. In the event of any Upon termination of the Executive’s employment pursuant to this Agreementfor any reason, the Executive shall be deemed to have resigned voluntarily resign from the Board and from all other boards of, and other positions with, any Committee member of the BoardCompany Affiliated Group, and from the board of directors (and any committee thereof) of all subsidiaries of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstanceapplicable.
Appears in 1 contract
Samples: Employment Agreement (NTL Inc)
Resignation as a Director. In the event Executive’s employment by the Company terminates for any reason, including termination by the Company or by reason of any termination Executive’s disability or resignation, if Executive is then a member of employment pursuant to this Agreement, Executive shall be deemed to have resigned voluntarily from the Board and any Committee of the Board, and from the board of directors (and any committee thereof) of all subsidiaries Directors of the Company, upon the effective date of termination or Executive shall irrevocably tender such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from the Board of Directors effective as of the date of the notice of such boards termination or resignation, which resignation the Board may accept or reject as it may determine in its sole discretion. This Section 11(h) is a material term of directors in such circumstancethis Agreement.
Appears in 1 contract
Samples: Executive Agreement (PTC Inc.)
Resignation as a Director. In The Executive agrees that, contemporaneously with the event of any termination of his employment pursuant to this Agreementwith the Corporation for any reason, Executive shall he will be deemed to have resigned voluntarily from automatically as a member of the Board and any Committee of Directors of the Board, Corporation and from all other offices, directorships and positions he holds with the board of directors (and any committee thereof) of all subsidiaries Corporation or its affiliates. This resignation by the Executive is a condition to the receipt of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company payment and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstance.benefits described in
Appears in 1 contract
Resignation as a Director. In the event of any Upon termination of the Executive's employment pursuant to this Agreementfor any reason, the Executive shall be deemed to have resigned voluntarily from the Board and any Committee of the Boardfrom all other boards of, and from the board of directors (and other positions with, any committee thereof) of all subsidiaries subsidiary or affiliate of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstanceapplicable.
Appears in 1 contract
Resignation as a Director. In the event of any termination of employment pursuant to this AgreementThe Executive hereby resigns, Executive shall be deemed to have resigned voluntarily from the Board and any Committee effective as of the BoardEffective Time, as a director of the Company and from each of the Company’s subsidiaries. The Executive hereby waives notice of the meeting of the board of directors (and any committee thereof) of all subsidiaries of the CompanyCompany to be held on June 13, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstance2008.
Appears in 1 contract
Samples: Mutual Separation and Release Agreement (Chromcraft Revington Inc)
Resignation as a Director. In the event of any termination of employment pursuant to this Agreement, if Executive is member of the Board or the board of directors of any subsidiary of the Company, then Executive shall be deemed to have resigned voluntarily from the Board and any Committee of the Board, and from the board of directors (and any committee thereof) of all subsidiaries of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstance.
Appears in 1 contract
Samples: Executive Employment Agreement (Adamis Pharmaceuticals Corp)
Resignation as a Director. In the event of any termination of employment pursuant to this Agreement, if Executive is a member of the Board, then Executive shall be deemed to have resigned voluntarily from the Board and any Committee of the Board, and from of the board of directors (and any committee thereof) of all subsidiaries of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstance.
Appears in 1 contract
Resignation as a Director. In the event of any termination of employment pursuant to this Agreement, if Executive is a director of the Company or of any direct or indirect parent or subsidiary of the Company, Executive shall be deemed to have resigned voluntarily from the Board and any Committee of the Board, and from the board of directors (and any committee thereof) of all parents and subsidiaries of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstance.
Appears in 1 contract
Samples: Executive Employment Agreement (Adamis Pharmaceuticals Corp)
Resignation as a Director. In the event of any Upon termination of Executive’s employment pursuant to this Agreementby the Company for any reason or the resignation of or retirement from employment by the Executive, the Executive shall be deemed to have resigned voluntarily provide the Secretary with his written resignation from the Company’s Board and any Committee of the Boardall subsidiary Boards, and from the board of directors (and any committee thereof) of all subsidiaries of Board may choose to accept or reject the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstanceas a Company Board member.
Appears in 1 contract
Resignation as a Director. In the event Executive’s employment by the Company terminates for any reason, including termination by the Company or by reason of any termination Executive’s disability or resignation, if Executive is then a member of employment pursuant to this Agreement, Executive shall be deemed to have resigned voluntarily from the Board and any Committee of the Board, and from the board of directors (and any committee thereof) of all subsidiaries Directors of the Company, upon the effective date of termination or Executive shall irrevocably tender such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from the Board of Directors effective as of the date of the notice of such boards termination or resignation, which resignation the Board may accept or reject as it may determine in its sole discretion. This Section 12(h) is a material term of directors in such circumstancethis Agreement.”
Appears in 1 contract
Samples: Executive Agreement (PTC Inc.)
Resignation as a Director. In the event the Executive’s employment by the Company terminates for any reason, including termination by the Company or by reason of any termination of employment pursuant to this Agreementthe Executive’s Disability or resignation, if Executive shall be deemed to have resigned voluntarily from the Board and any Committee is then a member of the Board, and from the board of directors (and any committee thereof) of all subsidiaries of Executive shall irrevocably tender the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from the Board effective as of the date of the notice of such boards termination or resignation, which resignation the Board may accept or reject as it may determine in its sole discretion. This Section 12(g) is a material term of directors in such circumstancethis Agreement.
Appears in 1 contract
Samples: Executive Agreement (PTC Inc.)
Resignation as a Director. In the event of any Upon termination of Executive’s employment pursuant to this Agreementby the Company for any reason or the resignation of or retirement from employment by the Executive, if the Executive is then serving on the Company’s Board of Directors, the Executive shall be deemed to have resigned voluntarily provide the Chairman of the Board with his written resignation from the Company’s Board and any Committee of the Boardall subsidiary Boards, and from the board of directors (and any committee thereof) of all subsidiaries of Board may choose to accept or reject the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstanceas a Company Board member.
Appears in 1 contract
Samples: Agreement Regarding Termination Benefits (Teradyne, Inc)