Common use of Resignation from Directorships Clause in Contracts

Resignation from Directorships. Upon the termination by whatever means of his employment under this Agreement: 12.1 the Director shall at the request of the Company immediately resign from office as a director of the Company and from all offices held by him in any other Group Company and from all other appointments or offices which he holds as nominee or representative of any Group Company without claim for compensation and in the event of his failure so to do the Company is hereby irrevocably authorised to appoint some person in his name and on his behalf to sign and deliver such resignation or resignations to the Company; and 12.2 the Director shall not without the consent of the Company at any time thereafter represent himself still to be connected with the Company.

Appears in 3 contracts

Samples: Service Agreement (JBDI Holdings LTD), Service Agreement (JBDI Holdings LTD), Service Agreement (Multi Ways Holdings LTD)

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Resignation from Directorships. Upon the termination by whatever means of his her employment under this Agreement: 12.1 the Director shall at the request of the Company immediately resign from office as a director of the Company and from all offices held by him in any other Group Company and from all other appointments or offices which he holds as nominee or representative of any Group Company without claim for compensation and in the event of his her failure so to do the Company is hereby irrevocably authorised to appoint some person in his her name and on his her behalf to sign and deliver such resignation or resignations to the Company; and 12.2 the Director shall not without the consent of the Company at any time thereafter represent himself still to be connected with the Company.

Appears in 1 contract

Samples: Service Agreement (Multi Ways Holdings LTD)

Resignation from Directorships. 15.1 Upon the termination by whatever means of his employment under this the Agreement: 12.1 15.1.1 the Managing Director shall at the request of the Company immediately resign tender his resignation from office as a director of the Company and from all offices held by him in any other Group Company subsidiaries and from all other appointments or offices which he holds as nominee or representative of any Group Company associated companies without claim for compensation for loss of office and in the event of his failure so to do so the Company is hereby irrevocably authorised to appoint some person in his name and on his behalf to sign and deliver such resignation or resignations to the Company; andCompany and to each of the subsidiaries and associated companies of which the Managing Director is at the material time a director or other officer. 12.2 15.1.2 the Managing Director shall not without the consent of the Company at any time thereafter represent himself still to be as connected with the CompanyCompany or any of the subsidiaries and associated companies.

Appears in 1 contract

Samples: Managing Director Agreement (Tata Motors LTD/Fi)

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Resignation from Directorships. Upon the termination by whatever means of his employment under this the Agreement: 12.1 a. the Managing Director shall at the request of the Company immediately resign tender his resignation from office as a director of the Company and from all offices held by him in any other Group Company subsidiaries and from all other appointments or offices which he holds as nominee or representative of any Group Company associated companies without claim for compensation for loss of office and in the event of his failure so to do so the Company is hereby irrevocably authorised to appoint some person in his name and on his behalf to sign and deliver such resignation or resignations to the Company; andCompany and to each of the subsidiaries and associated companies of which the Managing Director is at the material time a director or other officer. 12.2 b. the Managing Director shall not without the consent of the Company at any time thereafter represent himself still to be as connected with the CompanyCompany or any of the subsidiaries and associated companies.

Appears in 1 contract

Samples: Employment Agreement (Tata Motors LTD/Fi)

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