Common use of Resignation from Board of Directors Clause in Contracts

Resignation from Board of Directors. The cessation of Executive's employment with the Company for any reason shall constitute, without the need for any further action, Executive's resignation from the Board of Directors of the Company and from the board of directors of any subsidiary or Affiliate of the Company.

Resignation from Board of Directors. The cessation If the Executive is a director of Executive's employment with the Company or any of its Affiliates and his status as an employee is terminated for any reason shall constituteother than death, without the need for Executive shall, if requested by the Company, and as a condition to be paid or reimbursed any further actionamounts or benefits hereunder, Executive's resignation from the Board of Directors immediately resign as a director of the Company and from the board of directors of any subsidiary or Affiliate of the Companysuch Affiliates.

Resignation from Board of Directors. The cessation of Executive's employment Executive hereby resigns, effective immediately, from all director and officer positions he holds with the Company for and any reason shall constitute, without the need for any further action, Executive's resignation from the Board of Directors of the Company its affiliates and from the board of directors of any subsidiary or Affiliate of the Companywhich he has not previously resigned.

Resignation from Board of Directors. The cessation Executive hereby resigns, effective as of Executive's employment with the Company for any reason shall constituteTermination Date, without the need for any further action, Executive's resignation from the Board of Directors of each of the Company and from the board of directors Bank and of any subsidiary or Affiliate other Board of Directors of any affiliate of the CompanyCompany of which Executive is a member.