Common use of Resignation as Officer and Director Clause in Contracts

Resignation as Officer and Director. Upon termination of this Agreement and the Executive’s employment hereunder for any reason by either party, the Executive shall be deemed to have resigned from all offices and positions the Executive may hold with the Company at such time including without limitation Board membership and/or positions as an officer of the Company.

Appears in 19 contracts

Samples: Executive Employment Agreement (Clearside Biomedical, Inc.), Executive Employment Agreement (Kiromic Biopharma, Inc.), Executive Employment Agreement (Kiromic Biopharma, Inc.)

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Resignation as Officer and Director. Upon Effective as of the date of termination of this Agreement and employment with the Executive’s employment hereunder Company for any reason by either partyreason, the Executive shall be deemed to have resigned from all offices and positions the Executive may hold directorships, if any, then held with the Company at such time including without limitation Board membership and/or positions as an officer or any of its affiliates. At the Company’s request, Executive shall execute and deliver such documentation as the Company may prescribe in order to effectuate such resignation.

Appears in 7 contracts

Samples: Change in Control Severance Benefits Agreement (Rentech, Inc.), Change in Control Severance Benefits Agreement (Rentech, Inc.), Change in Control Severance Benefits Agreement (Rentech, Inc.)

Resignation as Officer and Director. Upon termination of this Restated Agreement and the Executive’s employment hereunder for any reason by either party, the Executive shall be deemed to have resigned from all offices and positions the Executive may hold with the Company at such time including without limitation Board membership and/or positions as an officer of the Company.

Appears in 3 contracts

Samples: Employment Agreement (Innovate Biopharmaceuticals, Inc.), Employment Agreement (Innovate Biopharmaceuticals, Inc.), Employment Agreement (Innovate Biopharmaceuticals, Inc.)

Resignation as Officer and Director. Upon termination of this Agreement and the Executive’s employment hereunder for any reason by either party, the Executive shall be deemed to have resigned from all offices and positions the Executive may hold with the Company at such time including including, without limitation Board membership and/or positions as an officer of the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Innovate Biopharmaceuticals, Inc.), Executive Employment Agreement (Innovate Biopharmaceuticals, Inc.)

Resignation as Officer and Director. Upon In the event of any termination under this Section 11 of Executive's employment under this Agreement and the Executive’s employment hereunder for any reason by either partyAgreement, the Executive shall be deemed to have resigned from all offices and positions the Executive may hold with the Company at such time including without limitation Board membership and/or positions voluntarily as an officer and director of the CompanyCompany or any of its Subsidiaries or Affiliates if Executive was serving in such capacity at the time of termination.

Appears in 2 contracts

Samples: Employment Agreement (Tangible Asset Galleries Inc), Employment Agreement (Ijnt Net Inc)

Resignation as Officer and Director. Upon termination of this Agreement and the Executive’s employment hereunder for any reason by either party, the Executive shall be deemed to have resigned from all offices and positions the Executive may hold with the Company at such time including without limitation Board membership and/or including, as a Manager or from any other positions as an officer of the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Flex Pharma, Inc.), Executive Employment Agreement (Flex Pharma, Inc.)

Resignation as Officer and Director. Upon Effective as of the date of termination of this Agreement and employment with the Executive’s employment hereunder Company for any reason by either partyreason, the Executive shall be deemed to have resigned from all offices and positions the Executive may hold directorships, if any, then held with the Company at such time including without limitation Board membership and/or positions as an officer or any of the Companyits affiliates.

Appears in 2 contracts

Samples: Executive Severance Benefits Agreement (Guitar Center Inc), Executive Severance Benefits Agreement (Guitar Center Inc)

Resignation as Officer and Director. Upon termination of this Agreement and the Executive’s employment hereunder for any reason other than for Cause, the Executive shall be deemed to have resigned from all positions as an officer of the Company but not from his position as a director on the Board. If the Agreement is terminated by either partythe Company for Cause, the Executive shall be deemed to have resigned from all offices and positions the Executive may hold with the Company at such time including without limitation Board membership and/or positions as an officer of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Kiromic Biopharma, Inc.)

Resignation as Officer and Director. Upon termination of this Agreement and the Executive’s termination or cessation of employment hereunder with the Company for any reason by either partyreason, the Executive shall without further action be deemed to have resigned from (and, for all offices and positions the purposes, Executive’s execution of this Agreement shall be deemed written acknowledgment by Executive may hold with the Company at of such time including without limitation Board membership and/or positions as an officer of the Company.resignation)

Appears in 1 contract

Samples: Employment Agreement (Rudolph Technologies Inc)

Resignation as Officer and Director. Upon termination of this Agreement and the Executive’s 's employment hereunder for any reason by either party, the Executive shall be deemed to have resigned from all offices and positions the Executive may hold with the Company at such time including without limitation Board membership and/or positions as an officer of the Company. 7.

Appears in 1 contract

Samples: Executive Employment Agreement (Midatech Pharma PLC)

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Resignation as Officer and Director. Upon termination of this Agreement and the Executive’s employment hereunder for any reason by either party, the Executive shall be deemed to have resigned from all offices and positions the Executive may hold with the Company at such time including without limitation Board membership and/or positions as an officer of the Company.. ​

Appears in 1 contract

Samples: Executive Employment Agreement (Kiromic Biopharma, Inc.)

Resignation as Officer and Director. Upon Effective as of the date of termination of this Agreement and employment with the Executive’s employment hereunder Company for any reason by either partyreason, the Executive shall be deemed to have resigned from all offices and positions the Executive may hold directorships, if any, then held with the Company at such time including without limitation Board membership and/or positions as an officer or any of the Companyits Subsidiaries, and affiliates.

Appears in 1 contract

Samples: Employment Agreement (Music123, Inc.)

Resignation as Officer and Director. Upon The termination of this Agreement and the Executive’s employment hereunder for any reason by either partyshall constitute the Executive’s resignation from any employment, the Executive shall be deemed to have resigned from all offices and positions the Executive may hold officer, director or fiduciary position with the Company at such time including without limitation Board membership and/or positions as an officer Company, any of its Affiliates and the CompanyBoard.

Appears in 1 contract

Samples: Employment Agreement (Cricut, Inc.)

Resignation as Officer and Director. Upon termination of this Agreement and the Executive’s 's employment hereunder for any reason by either party, the Executive shall be deemed to have resigned from all offices and positions the Executive may hold with the Company at such time including without limitation Board membership and/or positions as an officer of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Clearside Biomedical, Inc.)

Resignation as Officer and Director. Upon termination of this Agreement and the Executive’s employment hereunder by either party for any reason by either partyreason, Executive will resign his position(s), if any, as an officer or director of the Executive shall be deemed to have resigned from all offices and Company, as a member of any Board committees, as well as any other positions the Executive he may hold with or for the benefit of the Company at such time and/or its affiliates, including without limitation Board membership and/or positions his position as an officer CEO of the CompanyParent and any of the Subsidiaries.

Appears in 1 contract

Samples: Executive Employment Agreement (Aeglea BioTherapeutics, Inc.)

Resignation as Officer and Director. Upon Effective as of the date of termination of this Agreement and employment with the Executive’s employment hereunder Company for any reason by either partyreason, the Executive shall be deemed to have resigned from all offices and positions the Executive may hold directorships, if any, then held with the Company at such time including without limitation Board membership and/or positions as an officer or any of the Companyits subsidiaries or affiliates.

Appears in 1 contract

Samples: Employment Agreement (Guitar Center Holdings, Inc.)

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