Common use of Resignation from Board Clause in Contracts

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. Employee shall not be entitled to receive any of the severance consideration described in Sections 5.2 4.2 and 5.3 4.3 above, unless Employee resigns from the Board of Directors in accordance with Section 5.84.8, 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 5.84.8.

Resignation from Board. Employee shall not be entitled to receive any of the severance consideration described in Sections 5.2 and 5.3 Section 5.4, above, unless Employee resigns from the Board of Directors in accordance with Section 5.85.9, 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 5.85.9.