Common use of Resignation as Officer Clause in Contracts

Resignation as Officer. Upon a termination of employment for any reason, Executive shall resign each position (if any) that Executive then holds as an officer of the Company. Executive’s execution of this Agreement shall be deemed the grant by Executive to the officers of the Company of a limited power of attorney to sign in Executive’s name and on Executive’s behalf any such documentation as may be required to be executed solely for the limited purposes of effectuating such resignations.

Appears in 5 contracts

Samples: Employment Agreement (OneMain Holdings, Inc.), Employment Agreement (Springleaf Finance Corp), Employment Agreement (Springleaf Holdings, Inc.)

AutoNDA by SimpleDocs

Resignation as Officer. Upon a any termination of the Executive’s employment for any reasonunder this Agreement, the Executive shall resign each position (if any) that Executive then holds will execute forms of resignation indicating her resignation as an officer of the Company. Executive’s execution of this Agreement shall be deemed the grant by Executive to the officers of the Company of a limited power of attorney to sign in Executive’s name and on Executive’s behalf any such documentation as may be required to be executed solely for the limited purposes of effectuating such resignationsCorporation, if applicable.

Appears in 3 contracts

Samples: Executive Employment Agreement (Aralez Pharmaceuticals Inc.), Executive Employment Agreement (Aralez Pharmaceuticals Inc.), Executive Employment Agreement (Aralez Pharmaceuticals Inc.)

Resignation as Officer. Upon a any termination of the Executive's employment for any reasonunder this Agreement, the Executive shall resign each position (if any) that Executive then holds will execute forms of resignation indicating her resignation as an officer of the Company. Executive’s execution of this Agreement shall be deemed the grant by Executive to the officers of the Company of a limited power of attorney to sign in Executive’s name and on Executive’s behalf any such documentation as may be required to be executed solely for the limited purposes of effectuating such resignationsCorporation, if applicable.

Appears in 2 contracts

Samples: Executive Employment Agreement (Tribute Pharmaceuticals Canada Inc.), Executive Employment Agreement (Tribute Pharmaceuticals Canada Inc.)

Resignation as Officer. Upon a termination of employment this Agreement and the Executive’s engagement hereunder for any reasonreason by either Party, the Executive shall resign each position (if any) that be deemed to have resigned from all offices and positions the Executive then holds as an officer may hold with the Company or its Group Companies at such time, other than any current membership of the board of directors of the Company. Executive’s execution of this Agreement shall be deemed the grant by Executive to the officers of the Company of a limited power of attorney to sign in Executive’s name and on Executive’s behalf any such documentation as may be required to be executed solely for the limited purposes of effectuating such resignations.

Appears in 2 contracts

Samples: Executive Engagement Agreement (Gambling.com Group LTD), Executive Engagement Agreement (Gambling.com Group LTD)

Resignation as Officer. Upon a termination of employment for any reason, Executive shall resign each position (if any) that Executive then holds as an officer of the Company. Executive’s execution of this Agreement shall be deemed the grant by Executive to Xxxxxx X. Xxxxxxxx 6 Employment Agreement (Effective 1/1/16) the officers of the Company of a limited power of attorney to sign in Executive’s name and on Executive’s behalf any such documentation as may be required to be executed solely for the limited purposes of effectuating such resignations.

Appears in 2 contracts

Samples: Employment Agreement (Springleaf Finance Corp), Employment Agreement (Springleaf Holdings, Inc.)

Resignation as Officer. Upon a termination of employment for any reasonExcept as otherwise agreed to between the Company and the Executive, Executive shall resign each position (if any) that Executive then holds effective as an officer of the Company. Executive’s execution Date of this Agreement Termination, the Executive shall be deemed the grant by Executive to the officers of have resigned from all offices and directorships, if any, then held with the Company or any of a limited power of attorney to sign in Executiveits subsidiaries or affiliates. At the Company’s name request, the Executive shall execute and on Executive’s behalf any deliver such documentation as the Company may be required prescribe in order to be executed solely for the limited purposes of effectuating effectuate such resignationsresignation(s).

Appears in 2 contracts

Samples: Employment Agreement (Faraday Future Intelligent Electric Inc.), Employment Agreement (Property Solutions Acquisition Corp.)

AutoNDA by SimpleDocs

Resignation as Officer. Upon a termination of employment for any reason, Executive shall resign each position (if any) that Executive then holds as an officer of the Xxxxxxx X. Xx 6 Employment Agreement (Effective 1/1/16) Company. Executive’s execution of this Agreement shall be deemed the grant by Executive to the officers of the Company of a limited power of attorney to sign in Executive’s name and on Executive’s behalf any such documentation as may be required to be executed solely for the limited purposes of effectuating such resignations.

Appears in 2 contracts

Samples: Employment Agreement (Springleaf Finance Corp), Employment Agreement (Springleaf Holdings, Inc.)

Resignation as Officer. Upon a termination of this Agreement and the Executive’s employment hereunder for any reasonreason by either party, the Executive shall resign each position (if any) that be deemed to have resigned from all offices and positions the Executive then holds may hold with the Company at such time including without limitation Board membership and/or positions as an officer of the Company. Executive’s execution of this Agreement shall be deemed the grant by Executive to the officers of the Company of a limited power of attorney to sign in Executive’s name and on Executive’s behalf any such documentation as may be required to be executed solely for the limited purposes of effectuating such resignations.

Appears in 1 contract

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

Resignation as Officer. Upon a termination of Executive’s employment hereunder for any reasonreason by either party, Executive shall resign each position (if any) that be deemed to have resigned from all offices and positions the Executive then holds as an officer may hold with the Company and any of the Company. Executive’s execution of this Agreement shall be deemed the grant by Executive to the officers of the Company of a limited power of attorney to sign in Executive’s name and on Executive’s behalf any such documentation as may be required to be executed solely for the limited purposes of effectuating such resignationssubsidiaries.

Appears in 1 contract

Samples: Severance Agreement (Chelsea Therapeutics International, Ltd.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!