Common use of Resignation from all Boards Clause in Contracts

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.

Appears in 19 contracts

Samples: Employment Agreement (Everest Reinsurance Holdings Inc), Employment Agreement (Everest Reinsurance Holdings Inc), Employment Agreement (Everest Reinsurance Holdings Inc)

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Resignation from all Boards. Upon any termination or cessation of Executive's ’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.

Appears in 12 contracts

Samples: Executive Employment Agreement (Sonida Senior Living, Inc.), Employment Agreement (Sensus Healthcare, Inc.), Employment Agreement (Sensus Healthcare, Inc.)

Resignation from all Boards. Upon any termination or cessation of the Executive's ’s employment with the Company, for any reason, the 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 or as an officer, and on any board of directors or as an officer of any subsidiary or affiliate of the Company. In connection with any employment termination, the Executive agrees to execute such instruments as may be requested by the Company to evidence or effect such resignation.

Appears in 4 contracts

Samples: Employment Agreement (Everest Reinsurance Holdings Inc), Employment Agreement (Everest Group, Ltd.), Employment Agreement (Everest Reinsurance Holdings Inc)

Resignation from all Boards. Upon any termination or cessation of Executive's ’s employment with the Company, for any reason, unless the Company requests otherwise, 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 or as trustee of any subsidiary or subsidiary, affiliate and/or benefit plan of the Company.

Appears in 1 contract

Samples: Employment Agreement (SMF Energy Corp)

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Resignation from all Boards. Upon any termination or cessation of Executive's employment with the Company, Company for any reason, including the cessation of employment upon expiration of the term of this Agreement, Executive agrees immediately to resign, resign his employment with the Company and any all affiliates. Any notice of termination or actual termination or cessation of employment shall act automatically to effect such resignation, resignation as well as resignation from any position on the Board and on any board all boards of directors of the Company or any subsidiary or affiliate of the Company.

Appears in 1 contract

Samples: Employment Agreement (Everest Re Group LTD)

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