Common use of Resignation as Director Clause in Contracts

Resignation as Director. (a) If Your employment ends You must resign as a director of the Company and any Group company unless the Board determines otherwise. (b) If You fail to resign as a director You irrevocably appoint the Company Secretary (or any other person nominated by the Company) as attorney to sign a resignation as director or other officer on Your behalf and have no entitlement to any compensation for loss of office.

Appears in 4 contracts

Samples: Service Agreement (Telix Pharmaceuticals LTD), Service Agreement (Telix Pharmaceuticals LTD), Service Agreement (Telix Pharmaceuticals LTD)

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Resignation as Director. (a) If Your Employee is a director of the Company and his employment ends You must is terminated for any reason other than death, the Employee shall, if requested by the Company, immediately resign as a director of the Company and Company. If such resignation is not received when so requested, the Employee shall forfeit any Group company unless the Board determines otherwiseright to receive any payments pursuant to this Agreement. (b) If You fail to resign as a director You irrevocably appoint the Company Secretary (or any other person nominated by the Company) as attorney to sign a resignation as director or other officer on Your behalf and have no entitlement to any compensation for loss of office.

Appears in 3 contracts

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

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Resignation as Director. If your employment ends you: (a) If Your employment ends You must resign as a director of the Company and or any Group company unless the Board determines otherwise.Company; (b) If You fail to resign as a director You irrevocably appoint the Company Secretary (of Centro Properties Limited, or any other person nominated by the Company) , as attorney to sign a resignation as director or other officer on Your behalf and your behalf; (c) have no entitlement to any compensation for loss of office.

Appears in 1 contract

Samples: Executive Services Agreement (Centro NP LLC)

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