Common use of Resignation from All Positions Clause in Contracts

Resignation from All Positions. Notwithstanding any other provision of this Agreement, upon the termination of the Executive’s employment for any reason, unless otherwise requested by the President and Chief Executive Officer and accepted by the Executive, the Executive shall immediately resign as of the Date of Termination from all positions that the Executive holds or has ever held with the Company and any other member of the Affiliated Group (and with any other entities with respect to which the Company has requested the Executive to perform services and which has been accepted by the Executive), including, without limitation, all boards of directors of any member of the Affiliated Group. The Executive hereby agrees to execute any and all documentation to effectuate such resignations upon request by the Company, but the Executive shall be treated for all purposes as having so resigned upon termination of the Executive’s employment, regardless of when or whether the Executive executes any such documentation.

Appears in 5 contracts

Samples: Employment Agreement (Bristow Group Inc), Employment Agreement (Bristow Group Inc), Employment Agreement (Offshore Logistics Inc)

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Resignation from All Positions. Notwithstanding any other provision of this Agreement, upon on the Transition Date or on the earlier termination of the Executive’s employment for any reason, unless otherwise requested by the President and Chief Executive Officer and accepted by the Executive, the Executive shall immediately resign as of the Date of Termination from all positions that the Executive he holds or has ever held with the Company and any other member of the Affiliated Group its affiliates (and with any other entities with respect to which the Company has requested the Executive to perform services services); provided, however, if Executive remains employed with the Company through the Transition Date, such resignations shall not include a resignation from the Board and which has been accepted by the Executive), including, without limitation, all boards as Chairman of directors of any member of the Affiliated GroupPrimerica Distribution. The Executive hereby agrees to execute any and all documentation to effectuate such resignations upon request by the Company, but the Executive he shall be treated for all purposes as having so resigned upon termination of the Executive’s his employment, regardless of when or whether the Executive he executes any such documentation.

Appears in 1 contract

Samples: Transition Agreement (Primerica, Inc.)

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Resignation from All Positions. Notwithstanding any other provision of this Agreement, upon the termination of the Executive’s employment for any reason, unless otherwise requested by the President and Chief Executive Officer Board and accepted by the Executive, the Executive shall immediately resign as of the Date of Termination from all positions that the Executive holds or has ever held with the Company and any other member of the Affiliated Group (and with any other entities with respect to which the Company has requested the Executive to perform services and which has been accepted by the Executive), including, without limitation, all boards of directors of any member of the Affiliated Group. The Executive hereby agrees to execute any and all documentation to effectuate such resignations upon request by the Company, but the Executive shall be treated for all purposes as having so resigned upon termination of the Executive’s employment, regardless of when or whether the Executive executes any such documentation.

Appears in 1 contract

Samples: Employment Agreement (Bristow Group Inc)

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