Common use of Resignation as Director Clause in Contracts

Resignation as Director. Executive shall not, promptly after Termination and upon receiving a written request to do so, resign as a director and/or officer of each subsidiary and affiliate of Sonat of which he is then serving as a director and/or officer.

Appears in 5 contracts

Samples: Executive Severance Agreement (Sonat Inc), Severance Agreement (Sonat Inc), Executive Severance Agreement (Sonat Inc)

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Resignation as Director. Executive shall notshall, promptly after Termination and upon receiving a written request to do sofollowing the termination of his employment for any reason, resign as a director and/or officer of each subsidiary Parent and affiliate of Sonat of which he is then serving as a director and/or officerof Company, respectively, to the extent that he is serving in either of those capacities at the time of termination.

Appears in 2 contracts

Samples: Employment Agreement (Steel of West Virginia Inc), Employment Agreement (Swva Acquisition Inc)

Resignation as Director. Executive Upon termination of Executive's employment pursuant to this Agreement, he shall not, promptly after Termination and upon receiving a written request to do so, resign as a director and/or and an officer of each subsidiary and affiliate of Sonat of which he is then serving as a director and/or officerthe Company.

Appears in 2 contracts

Samples: Employment Agreement (Medscape Inc), Employment Agreement (Medscape Inc)

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Resignation as Director. Executive shall not, promptly after Termination and upon receiving a written request to do so, resign as a director and/or officer of each subsidiary and affiliate of Sonat of which he Executive is then serving as a director and/or officer.

Appears in 2 contracts

Samples: Severance Agreement (Sonat Inc), Executive Severance Agreement (Sonat Inc)

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