Resignation from all Boards Sample Clauses

Resignation from all Boards. Upon any termination or cessation of Executive's employment with the Company, for any reason, Executive agrees immediately to resign, and any notice of termination or actual termination or cessation of employment shall act automatically to effect such resignation, from any position on the Board and on any board of directors of any subsidiary or affiliate of the Company.
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Resignation from all Boards. Upon termination or cessation of Executive's employment with the Company for any reason, including the cessation of employment upon expiration of the term of this Agreement, Executive agrees immediately to resign his employment with the Company and all affiliates. Any notice of termination or actual termination or cessation of employment shall act automatically to effect such resignation as well as resignation from any position on all boards of directors of any subsidiary or affiliate of the Company. Notwithstanding the foregoing, and in further consideration for Executive to become vested in all outstanding and unvested restricted stock awards on the six (6) month anniversary of the date of termination, in addition to the vesting requirements set forth in Section 4(c) above the Executive shall continue to perform his service as a director on the Group Board following his cessation of employment until the conclusion of his elected term, unless such cessation is due to a termination of the Executive's employment by the Company for Cause.
Sample 1
Resignation from all Boards. Upon any termination or cessation of Executive’s employment with the Company, for any reason, Executive agrees immediately to resign, and any notice of termination or actual termination or cessation of employment shall act United Insurance Holdings Corp. Xxxxxx Employment Agreement automatically to effect such resignation, from any position as a Director or on the Board, and on any board of directors of any subsidiary or affiliate of the Company.
Sample 1

Related to Resignation from all Boards

  • Resignation from All Positions Upon the termination or resignation of the Executive’s employment with the Company for any reason, the Executive shall be deemed to have resigned, as of the date of such termination or resignation, from and with respect to all positions the Executive then holds as an officer, director, employee and member of the Board of Directors (and any committee thereof) of the Company and any of its Affiliates.

  • Resignation from Board of Directors If the Executive is a director of the Post-Transaction Corporation or any of its Affiliates and his status as an officer and employee is terminated for any reason other than death, the Executive will, if requested by the Post-Transaction Corporation, immediately resign as a director of the Post-Transaction Corporation and its Affiliates. If such resignation is not received within 20 business days after the Executive actually receives written notice from the Post-Transaction Corporation requesting the resignation, the Executive will forfeit any right to receive any payments pursuant to this Agreement.

  • Resignation from the Company for Good Reason Executive may resign Executive’s employment with the Company for Good Reason, as defined below.

  • Resignation from the Company with Good Reason Executive may resign Executive’s employment with the Company with Good Reason, as defined below.

  • Resignation from the Company without Good Reason Executive may resign Executive’s employment with the Company for any reason other than Good Reason or for no reason.

  • Resignation and Retirement Any Trustee may resign his trust or retire as a Trustee, by written instrument signed by him and delivered to the other Trustees or to any officer of the Trust, and such resignation or retirement shall take effect upon such delivery or upon such later date as is specified in such instrument.

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