Common use of Resignation from Board Clause in Contracts

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.

Appears in 2 contracts

Samples: Executive Employment Agreement (MDxHealth SA), Executive Employment Agreement (MDxHealth SA)

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Resignation from Board. The Executive, upon the Upon a termination of the Executive’s employment shall under this Agreement for any reason, the Executive shall, if requested by the Company’s Board of Directors, promptly resign from as a member of the Board, Board of Directors of the Company and each of or its affiliates, direct or indirect subsidiaries, parent company, successors and assigns.

Appears in 2 contracts

Samples: Employment Agreement (Education Management Corporation), Employment Agreement (AID Restaurant, Inc.)

Resignation from Board. The ExecutiveUnless otherwise requested by the Board, upon the termination of Executive’s 's employment for any reason, Executive shall promptly immediately resign from the Board, Board and Executive agrees that he shall be treated as so resigned upon termination of Directors of the Company and each of its affiliates, subsidiaries, parent company, successors and assignsemployment.

Appears in 2 contracts

Samples: Employment Agreement (Berry Petroleum Co), Employment Agreement (Berry Petroleum Co)

Resignation from Board. The Executive, upon the Upon termination of Executive’s employment with the Company for any reason, Executive shall promptly resign as of the date of such termination from the Board, Board and any affiliate board of Directors of the Company and each of its affiliates, subsidiaries, parent company, successors and assignsdirectors.

Appears in 2 contracts

Samples: Employment Agreement (Global Crossing LTD), Restricted Stock Unit Agreement (Global Crossing LTD)

Resignation from Board. The Executive, upon the Upon termination of Executive’s employment shall promptly for any reason or resignation of employment by Executive for any reason, unless otherwise requested by the Board, Executive agrees to resign from the Board, Board the board of Directors directors of the Company Parent and each of its other subsidiaries and all other positions held at the Company and its affiliates, subsidiariesand Executive, parent companyat the Board’s request, successors and assignswill execute any documents necessary to reflect such resignation.

Appears in 2 contracts

Samples: Executive Employment Agreement (RMG Networks Holding Corp), Executive Employment Agreement (RMG Networks Holding Corp)

Resignation from Board. The Executive, upon the termination of When Executive’s employment shall promptly with the Company ends, for any reason, Executive agrees to resign from the Company’s Board, Board of Directors of the Company and each of its affiliates, subsidiaries, parent company, successors and assigns.

Appears in 2 contracts

Samples: Executive Employment Agreement (Flexsteel Industries Inc), Executive Employment Agreement (Flexsteel Industries Inc)

Resignation from Board. The ExecutiveEffective as of the Separation Date, upon Executive hereby resigns from his seat on the termination of ExecutiveCompany’s employment shall promptly resign from the Board, Board of Directors (the “Board”) and any position he holds as an officer and director of any subsidiary of the Company. Executive also agrees to execute any necessary forms or other documents required to effect such resignation(s) as a matter of state, federal, or foreign law (and a resignation letter that may be required in the event the Company and each of its affiliates, subsidiaries, parent company, successors and assignsidentifies any additional subsidiaries not listed here).

Appears in 1 contract

Samples: Transition Agreement and Release (Vital Therapies Inc)

Resignation from Board. The ExecutiveEffective as of the Separation Date, upon Executive hereby resigns from his seat on the termination of ExecutiveCompany’s employment shall promptly resign from the Board, Board of Directors (the “Board”) and any position he holds as an officer and director of any subsidiary of the Company. Executive also agrees to execute any necessary forms or other documents required to effect such resignation(s) as a matter of state, federal, or foreign law (and a resignation letter that may be required in the event the Company and each of its affiliates, subsidiaries, parent company, successors and assignsidentifies any additional subsidiaries not listed here). 3.

Appears in 1 contract

Samples: Transition Agreement

Resignation from Board. The Executive, upon the Upon termination of Executive’s employment shall promptly resign for any reason, Executive agrees to resign, effective as of the Date of Termination, from the Board, unless the Board of Directors of requests otherwise and Executive agrees. Executive shall promptly execute any documentation that the Company and each of its affiliates, subsidiaries, parent company, successors and assignsshall reasonably request to reflect such resignation.

Appears in 1 contract

Samples: Transition Agreement (Gp Strategies Corp)

Resignation from Board. The Executive, upon Upon the termination of Executive’s employment shall promptly for any reason, if Executive is currently serving as a member of the Board, unless otherwise requested by the Board, Executive agrees to resign from the Board (and any other positions held at the Company or as a representative of the Company), and Executive, at the request of the Board, Board of Directors of the Company and each of its affiliates, subsidiaries, parent company, successors and assignswill execute any documents necessary to reflect his resignation.

Appears in 1 contract

Samples: Employment Agreement (Highlands Bankshares Inc /Va/)

Resignation from Board. The Executive, upon the Upon a termination of the Executive’s employment shall 's service under this Agreement for any reason, the Executive shall, if requested by the Company's Board, promptly resign from as a member of the Board, Board of Directors of the Company and each of or its affiliates, direct or indirect subsidiaries, parent company, successors and assigns.

Appears in 1 contract

Samples: Employment Agreement (Daleen Technologies Inc)

Resignation from Board. The Executive, upon the Upon termination of Executive’s 's employment with GX for any reason, Executive shall promptly resign be deemed to have resigned as of the date of such termination from the Board, Board and any affiliate board of Directors of the Company and each of its affiliates, subsidiaries, parent company, successors and assignsdirectors.

Appears in 1 contract

Samples: Employment Agreement (Global Crossing LTD)

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Resignation from Board. The ExecutiveUpon termination from employment for any reason, upon the termination of Executive’s employment Executive shall promptly resign from the Board, Board of Directors of for the Company and each also resign from all director and officer positions with any subsidiary or affiliate of its affiliates, subsidiaries, parent company, successors and assignsCompany. 7.

Appears in 1 contract

Samples: Employment Agreement (Caraco Pharmaceutical Laboratories LTD)

Resignation from Board. The Executive, upon the termination of Executive’s employment shall promptly Executive agrees to resign from the Board, Board of Directors of the Company and each immediately upon his termination of its affiliatesemployment, subsidiarieswhether such termination is voluntary or involuntary, parent company, successors and assignswith or without cause.

Appears in 1 contract

Samples: Employment Agreement (Comtex News Network Inc)

Resignation from Board. The Executive, upon the Upon termination of Executive’s 's employment with the Company for any reason, Executive shall promptly resign as of the date of such termination from the Board, Board and any affiliate board of Directors of the Company and each of its affiliates, subsidiaries, parent company, successors and assignsdirectors.

Appears in 1 contract

Samples: Employment Agreement (Global Crossing LTD)

Resignation from Board. The Executive, upon the Upon any termination of the Executive’s employment hereunder, the Executive shall promptly resign from be deemed to have resigned as a member of the Board, Board of Directors of the Company and each or any subsidiaries on which he serves, including any committees thereof, effective as of its affiliates, subsidiaries, parent company, successors and assignshis date of termination.

Appears in 1 contract

Samples: Employment Agreement (SFG Financial Corp)

Resignation from Board. The Executive, upon Executive hereby resigns from his position as a member of the termination of Executive’s employment shall promptly resign from the Board, Company's Board of Directors of the Company and each of its affiliates, subsidiaries, parent company, successors and assignsDirectors. Executive shall execute any additional documentation necessary to effectuate such resignation.

Appears in 1 contract

Samples: Separation Agreement (Questcor Pharmaceuticals Inc)

Resignation from Board. The Executive, upon the Upon termination of Executive’s his employment with the Company under any circumstances, the Executive shall promptly resign from the Board, Board of Directors of the Company and each of its affiliates, subsidiaries, parent company, successors and assigns.

Appears in 1 contract

Samples: Employment Agreement (Delphi Corp)

Resignation from Board. The ExecutiveUpon termination from employment for any reason, upon the termination of Executive’s employment Executive shall promptly be deemed to thereby resign from the Board, Board of Directors of the Company and each shall also be deemed to thereby resign from all director and officer positions with any subsidiary of its affiliatesthe Company. Executive shall provide the Company, subsidiariesupon request, parent company, successors and assignswith a signed letter(s) further evidencing such resignation(s).

Appears in 1 contract

Samples: Employment Agreement (Caraco Pharmaceutical Laboratories LTD)

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