Common use of Resignation from Board Clause in Contracts

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.

Appears in 9 contracts

Samples: Employment Agreement (LJM Energy Corp.), Employment Agreement (LJM Energy Corp.), Employment Agreement (Coyote Resources, Inc.)

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Resignation from Board. Upon or promptly following any termination of Executive’s employment with for any reason, and regardless of whether Executive continues as a consultant to the CorporationCompany, upon the Company’s request Executive agrees to resign resign, as of the date of such termination of employment or such other date requested, from the Board and any committees thereof (1) each and every and, if applicable, from the board of directors (or similar body, as the case may beand any committees thereof) of the Corporation and each of its affiliates on which the Executive may then serve (if any), and (2) each and every office any subsidiary or Affiliate of the Corporation and each of its affiliates that Company) to the extent Executive may is then hold, and all positions that he may have previously held with the Corporation and any of its affiliatesserving thereon.

Appears in 5 contracts

Samples: Employment Agreement (RDA Holding Co.), Employment Agreement (RDA Holding Co.), Employment Agreement (RDA Holding Co.)

Resignation from Board. Upon or promptly following any a termination of the Executive’s 's employment with the Corporationunder this Agreement for any reason, the Executive agrees to shall, if requested by the Company's Board of Directors, promptly resign from (1) each and every board of directors (or similar body, as the case may be) a member of the Corporation and each Board of its affiliates on which the Executive may then serve (if any), and (2) each and every office Directors of the Corporation and each of Company or its affiliates that the Executive may then hold, and all positions that he may have previously held with the Corporation and any of its affiliatesdirect or indirect subsidiaries.

Appears in 3 contracts

Samples: Employment Agreement (Education Management Corporation), Employment Agreement (Education Management Corporation), Employment Agreement (Education Management Corporation)

Resignation from Board. Upon or promptly following any termination of Executive’s '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.

Appears in 2 contracts

Samples: Employment Agreement (Tungsten Corp.), Employment Agreement (Tungsten Corp.)

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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.

Appears in 2 contracts

Samples: Employment Agreement (International Game Technology), Employment Agreement (International Game Technology)

Resignation from Board. Upon or promptly following any termination of Executive’s employment with the Corporation, unless otherwise requested by the Board, 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 she may have previously held with the Corporation and any of its affiliates.

Appears in 1 contract

Samples: Employment Agreement (International Game Technology)

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