Common use of Resignation from Boards and Offices Clause in Contracts

Resignation from Boards and Offices. Executive’s termination of employment for any reason or for no reason shall be deemed an automatic resignation by the Executive from all offices of the Company and its subsidiaries and from all other board of director or management positions with the Company and its subsidiaries.

Resignation from Boards and Offices. Executive’s termination of employment for any reason or for no reason shall be deemed an automatic resignation by the Executive from all offices of the Company and its subsidiaries and from all other board of director or management positions with the Company and its subsidiaries.