Common use of Resignation as Officer Clause in Contracts

Resignation as Officer. In the event that Individual’s employment with the Company is terminated for any reason whatsoever, Individual agrees to immediately resign as an Officer and/or Director of the Company, if applicable, and any related entities. For the purposes of this Section 13, the term the "Company" shall be deemed to include subsidiaries, parents, and affiliates of the Company.

Appears in 5 contracts

Samples: Employment Agreement (Patient Safety Technologies, Inc), Employment Agreement (Patient Safety Technologies, Inc), Employment Agreement (Patient Safety Technologies, Inc)

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Resignation as Officer. In the event that IndividualExecutive’s employment with the Company is terminated for any reason whatsoever, Individual Executive agrees to immediately resign as an Officer and/or Director of the Company, if applicable, Company and any related entities. For the purposes of this Section 13, the term the "Company" shall be deemed to include subsidiaries, parents, and affiliates of the Company.

Appears in 3 contracts

Samples: Employment Agreement (CTT International Distributors Inc.), Employment Agreement (CTT International Distributors Inc.), Employment Agreement (CTT International Distributors Inc.)

Resignation as Officer. In the event that IndividualEmployee’s employment with the Company is terminated for any reason whatsoeverreason, Individual Employee agrees to immediately resign as an Officer and/or Director of the Company, if applicable, Company and any related entities. For the purposes of this Section 13, the term the "Company" “Related entities” shall be deemed to include subsidiaries, parents, and affiliates of the Company.

Appears in 3 contracts

Samples: Employment Agreement (Zulu Energy Corp.), Employment Agreement (Zulu Energy Corp.), Employment Agreement (Zulu Energy Corp.)

Resignation as Officer. In the event that Individual’s Xxxxxx’x employment with the Company is terminated for any reason whatsoever, Individual Xxxxxx agrees to immediately resign as an Officer and/or Director of the Company, if applicable, Company and any related entities. For the purposes of this Section 1314, the term the "Company" shall be deemed to include subsidiaries, parents, and affiliates of the Company.

Appears in 3 contracts

Samples: Employment Agreement (Tatonka Oil & Gas, Inc.), Employment Agreement (Zulu Energy Corp.), Employment Agreement (Tatonka Oil & Gas, Inc.)

Resignation as Officer. In the event that Individual’s Xxxxxxx'x employment with the Company is terminated for any reason whatsoever, Individual Xxxxxxx agrees to immediately resign as an Officer and/or Director of the Company, if applicable, Company and any related entities. For the purposes of this Section 13, the term the "Company" shall be deemed to include subsidiaries, parents, and affiliates of the Company.

Appears in 2 contracts

Samples: Employment Agreement (WPCS International Inc), Employment Agreement (WPCS International Inc)

Resignation as Officer. In the event that Individual’s 's employment with the Company is terminated for any reason whatsoever, Individual agrees to immediately resign as an Officer and/or Director of the Company, if applicable, Company and any related entities. For the purposes of this Section 13, the term the "Company" shall be deemed to include subsidiaries, parents, and affiliates of the Company.

Appears in 1 contract

Samples: Employment Agreement (Patient Safety Technologies, Inc)

Resignation as Officer. In the event that Individual’s 's employment with the Company is terminated for any reason whatsoever, Individual agrees to immediately resign as an Officer and/or Director of the Company, if applicable, and any related entities. For the purposes of this Section 13, the term the "Company" shall be deemed to include subsidiaries, parents, and affiliates of the Company.

Appears in 1 contract

Samples: Employment Agreement (Ault Glazer Bodnar Investment Management, LLC)

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Resignation as Officer. In the event that Individual’s employment with the Company is terminated for any reason whatsoever, Individual agrees to immediately resign as an Officer and/or Director of the Company, if applicable, Company and any related entities. For the purposes of this Section 13, the term the "Company" shall be deemed to include subsidiaries, parents, and affiliates of the Company.

Appears in 1 contract

Samples: Employment Agreement (Patient Safety Technologies, Inc)

Resignation as Officer. In the event that Individual’s Lxxxxxx'x employment with the Company is terminated for any reason whatsoever, Individual Lxxxxxx agrees to immediately resign as an Officer and/or Director of the Company, if applicable, Company and any related entities. For the purposes of this Section 13, the term the "Company" shall be deemed to include subsidiaries, parents, and affiliates of the Company.

Appears in 1 contract

Samples: Employment Agreement (Powerchannel Inc)

Resignation as Officer. In the event that Individual’s 's employment with the Company is terminated for any reason whatsoever, Individual agrees to immediately resign as an Officer and/or Director of the Company, if applicable, and any related entities. For the purposes of this Section 1314, the term the "Company" shall be deemed to include subsidiaries, parents, and affiliates of the Company.

Appears in 1 contract

Samples: Employment Agreement (Digicorp)

Resignation as Officer. In the event that IndividualEMPLOYEE’s employment with the Company is terminated for any reason whatsoever, Individual EMPLOYEE agrees to immediately resign as an Officer officer and/or Director director of the Company, if applicable, Company and any related entities. For the purposes of this Section 13, the term the "Company" shall be deemed to include subsidiaries, parents, and affiliates of the Company.

Appears in 1 contract

Samples: Employment Agreement (Cornerstone Pharmaceuticals Inc)

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