Resignation from Certain Positions Sample Clauses
Resignation from Certain Positions. Upon the termination of the Executive’s employment for any reason, if and to the extent requested by the Board, the Executive shall resign from the Board (if applicable), all fiduciary positions (including, without limitation, as trustee) and from all other offices and positions, including without limitation, board membership of any subsidiaries or affiliates, she holds with the Company and any of its subsidiaries or affiliates; provided, however, that if the Executive fails or refuses to tender such resignations after the Board has made such request, then the Board shall be empowered to tender the Executive’s resignation or remove the Executive from such offices and positions.
Resignation from Certain Positions. Executive shall be deemed to have resigned (without any further action required by Executive) from all other offices and positions he holds with the Company, the Employer and any of their subsidiaries or affiliates and GmP effective on his Termination Date and such resignations shall be deemed to have been accepted.