Resignation from Officer Positions. Upon the termination of the Executive’s employment for any reason (unless otherwise agreed in writing by the Company and the Executive), the Executive will be deemed to have resigned, without any further action by the Executive, from any and all officer and/or director positions that the Executive, immediately prior to such termination, (a) held with the Company or any of its Affiliates and (b) held with any other entities at the direction of, or as a result of the Executive’s affiliation with, the Company or any of its Affiliates. If for any reason this Section 4.5 is deemed to be insufficient to effectuate such resignations, then Executive will, upon the Company’s request, execute any documents or instruments that the Company may deem necessary or desirable to effectuate such resignations. In addition, the Executive hereby designates the Secretary or any Assistant Secretary of the Company and of any Affiliate to execute any such documents or instruments as the Executive’s attorney-in-fact to effectuate such resignations if execution by the Secretary or any Assistant Secretary of the Company or Affiliate is deemed by the Company or the Affiliate to be a more expedient means to effectuate such resignation or resignations.
Resignation from Officer Positions. If Employee’s employment with Company terminates for any reason, Employee shall be deemed to have resigned at that time from any and all positions that Employee may have held with Company or any of its affiliates, as designated by Company, or any other positions that Employee held on behalf of Company. If, for any reason, this Section is deemed insufficient to effectuate such resignation, following a reasonable opportunity to review, Employee hereby authorizes Company to execute any documents or instruments consistent herewith which Company may deem necessary or desirable to effectuate such resignation or resignations, and to act as Employee’s attorney-in-fact. Company will provide Employee with a copy of such documents.
Resignation from Officer Positions. Upon the termination of the Executive’s employment for any reason (unless otherwise agreed in writing by the Company and the Executive), the Executive will be deemed to have resigned, without any further action by the Executive, from any and all officer, director and/or director positions that the Executive, immediately prior to such termination, (a) held with the Company or any of its Affiliates and (b) held with any other entities at the direction of, or as a result of the Executive’s affiliation with, the Company or any of its Affiliates. If for any reason this Section 4.5 is deemed to be insufficient to effectuate such resignations, then Executive will, upon the Company’s request, execute any documents or instruments that the Company may deem necessary or desirable to effectuate such resignations.
Resignation from Officer Positions. Immediately upon termination of the Executive’s employment for any reason, either by the Company or voluntarily by the Executive, the Executive shall resign from any officer positions with the Company then held by the Executive.
Resignation from Officer Positions. Effective as of the Separation Date and as applicable, you hereby resign from all officer positions with the Company without the need of acceptance or any further action by the Company.
Resignation from Officer Positions. Effective as of the Effective Date (as defined above) (i) Employee hereby resigns as the Chief Executive Officer and President of Versant and from all officer and other positions with Versant and (ii) Employee hereby resigns as Managing Director of Versant Germany and from any other office or other positions with Versant Germany (except to the extent of Employee’s temporary transition employment with Versant Germany in a non-officer capacity during the Transition Period as provided herein). For the avoidance of doubt, nothing in this Agreement shall be construed as requiring Employee to resign from his position on Versant’s Board of Directors and Employee confirms that Employee remains a member of Versant’s Board of Directors as of the Effective Date.
Resignation from Officer Positions. The termination of Executive’s employment with the Employer for any reason will constitute Executive’s resignation from any director, officer or employee position Executive has with the Employer and all fiduciary positions, if any, (including as a trustee) Executive holds with respect to any employee benefit plans or trusts established by the Company. Executive agrees that this Agreement will serve as written notice of resignation in this circumstance.
Resignation from Officer Positions. The Employee agrees to remain employed in his current positions in a full-time capacity through the Transition Date (as defined below). Effective as of the Transition Date, the Employee agrees to resign each of his officer positions with the Company and any of its subsidiaries. “Transition Date” means the earlier of (i) the close of business on April 30, 2005, or (ii) the date that the Board of the Directors of the Company appoints an individual to assume, and that individual begins to serve in, the position of Chief Financial Officer of the Company.
Resignation from Officer Positions. Axxxxxxx hereby resigns as Chief Executive Officer of the Company and from all other positions he has with the Company and its affiliates, in each case as of the Effective Date. Any employment relationships the Axxxxxxx Parties have with the Company and its affiliates, including that certain Consulting Agreement, are also concluded and deemed to be terminated as of the Effective Date.
Resignation from Officer Positions. Xxxxxx agrees to resign from his position as the Chief Executive Officer and Chairman of the Board of the Company and from any other officer positions that he holds with the Company or any Affiliated Companies, effective as of the Resignation Date. Xxxxxx acknowledges and agrees that after the Resignation Date, he will not have the authority to represent or bind the Company or any Affiliated Companies as an executive officer of the Company or any Affiliated Company.
