Resignation from Board. The Executive, upon the termination of Executive’s employment shall promptly resign from the Board, Board of Directors of the Company and each of its affiliates, subsidiaries, parent company, successors and assigns.
Resignation from Board. Upon or promptly following any termination of Executive’s employment with the Corporation, the Executive agrees to resign from (1) each and every board of directors (or similar body, as the case may be) of the Corporation and each of its affiliates on which the Executive may then serve (if any), and (2) each and every office of the Corporation and each of its affiliates that the Executive may then hold, and all positions that he may have previously held with the Corporation and any of its affiliates.
Resignation from Board. You agree that you will offer your resignation from the Board of Directors effective upon your Termination Date. The Board may accept or reject your offer of resignation within its sole and absolute discretion.
Resignation from Board. In the event Employee’s employment by the Company is terminated for any reason (other than Employee’s death), Employee shall immediately resign as a member of the Board and the board of directors of any of the Company’s subsidiaries. Nothing herein shall be deemed to limit the power of the shareholders of the Company to at any time remove any director, including, without limitation, Employee, in accordance with applicable law. All payments to Employees pursuant to this Agreement shall be conditioned upon Employee’s compliance with his obligations under this Section 9(j).
Resignation from Board. In the event Employee is a member of the board of directors of the Company or any of its subsidiaries, and Employee's employment by the Company is terminated for any reason (other than Employee's death), Employee shall immediately resign as a member of such board of directors upon the written request of the Chairman of the Board. Nothing herein shall be deemed to limit the power of the shareholders of the Company to at any time remove any director, including, without limitation, Employee, in accordance with applicable law.
Resignation from Board. Employee shall not be entitled to receive any of the severance consideration described in Sections 5.2 and 5.3 above, unless Employee resigns from the Board of Directors in accordance with Section 5.8, below. If the Company requests such resignation until after payment of severance consideration has commenced hereunder, then the Company shall be excused from any further obligation to pay such severance consideration if Employee thereafter fails to resign from the Board of Directors in accordance with such Section 5.8.
Resignation from Board. If [Executive/Employee] is a member of the Board as of the Qualifying Termination, [Executive/Employee] will not be eligible for the Severance Benefits unless he or she promptly resigns from the Board if requested to do so by a majority of the Board.
Resignation from Board. Employee understands and agrees that upon submitting or receiving notice of termination of his employment with Employer as provided herein, and if Employee is a member of the Board of Directors of Employer or any of its affiliates at such time, he shall immediately submit in writing to Employer his resignation as a member of such Board of Directors.
Resignation from Board. Employee hereby resigns as a Director of the Company, effective immediately. This resignation shall be effective as of the date of this Agreement is signed by Employee, notwithstanding any subsequent revocation of this Agreement.
Resignation from Board. Should Executive be a member of the Board at the time his employment with the Company terminates, Executive shall immediately tender his resignation as a Board member, which resignation shall be accepted, or not, in the Board’s discretion.
