Common use of Resignation from Directorships and Officerships Clause in Contracts

Resignation from Directorships and Officerships. Unless the Group waives this requirement, the termination of your employment for any reason will constitute your resignation from (1) any director, officer or employee position you then have with any member of the Group and (2) all fiduciary positions (including as trustee) you hold with respect to any pension plans or trusts established by any member of the Group. You agree that this Agreement will serve as your written notice of resignation in this circumstance.

Appears in 14 contracts

Samples: Change in Control Severance Agreement (Central Pacific Financial Corp), Change in Control Severance Agreement (Central Pacific Financial Corp), Change in Control Severance Agreement (Central Pacific Financial Corp)

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Resignation from Directorships and Officerships. Unless the Group waives this requirement, the The termination of your my employment for any reason will shall constitute your my resignation from (1i) any director, officer or employee position you then I have with any member of the Group Company and (2ii) all fiduciary positions (including as a trustee) you I hold with respect to any pension employee benefit plans or trusts established by any member of the GroupCompany. You I agree that this Agreement will shall serve as your written notice of resignation in this circumstance.

Appears in 3 contracts

Samples: Employment Agreement (Merisel Inc /De/), Employment Agreement (Merisel Inc /De/), Employment Agreement (Merisel Inc /De/)

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