Common use of Resignation from Officer Positions Clause in Contracts

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.

Appears in 7 contracts

Samples: Employment Agreement (GNC Acquisition Holdings Inc.), Employment Agreement (General Nutrition Centers, Inc.), Employment Agreement (General Nutrition Centers, Inc.)

AutoNDA by SimpleDocs

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 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. 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.

Appears in 6 contracts

Samples: Employment Agreement (GNC Corp), Employment Agreement (Linens N Things Inc), Employment Agreement (GNC Corp)

Resignation from Officer Positions. Upon the termination of the Executive’s '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 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 '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 '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 '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.

Appears in 5 contracts

Samples: Employment Agreement (LNT Leasing II, LLC), Employment Agreement (LNT Leasing II, LLC), Employment Agreement (LNT Leasing II, LLC)

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 subsidiaries 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 Affiliatessubsidiaries. If for any reason this Section 4.5 is deemed to be insufficient to effectuate such resignations, then the 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 subsidiary 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 subsidiary is deemed by the Company or the Affiliate subsidiary to be a more expedient means to effectuate such resignation or resignations.

Appears in 5 contracts

Samples: Employment Agreement (Sprouts Farmers Market, Inc.), Employment Agreement (Sprouts Farmers Markets, LLC), Employment Agreement (Sprouts Farmers Markets, LLC)

Resignation from Officer Positions. Upon the termination of the Executive’s employment for any reason (unless otherwise agreed in writing by the Company GNC 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 and director positions that the Executive, immediately prior to such termination, (a) held with the Company GNC 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 GNC or any of its Affiliates. If for any reason this Section 4.5 is deemed to be insufficient to effectuate such resignations, then the Executive will, upon the CompanyGNC’s request, execute any documents or instruments that the Company GNC 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 Holdings, Centers or of any Affiliate of their Affiliates 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 Holdings, Centers or Affiliate their Affiliates is deemed by the Company GNC or the Affiliate its Affiliates to be a more expedient means to effectuate such resignation or resignations.

Appears in 3 contracts

Samples: Employment Agreement (General Nutrition Centers, Inc.), Employment Agreement (General Nutrition Centers, Inc.), Employment Agreement (General Nutrition Centers, Inc.)

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, resigned without any further action by the Executive, from any and all officer and/or and director positions that the Executive, immediately prior to such termination, (a) held with the Company or any of its Affiliates subsidiaries 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 Affiliatessubsidiaries. If for any reason this Section 4.5 4.6 is deemed to be insufficient to effectuate such resignations, then the 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 subsidiary 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 subsidiary is deemed by the Company or the Affiliate subsidiary to be a more expedient means to effectuate such resignation or resignations.

Appears in 2 contracts

Samples: Employment Agreement (Smart & Final Stores, Inc.), Employment Agreement (Smart & Final Stores, Inc.)

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, resigned without any further action by the Executive, from any and all officer and/or and director positions that the Executive, immediately prior to such termination, (a) held with the Company or any of its Affiliates subsidiaries 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 Affiliatessubsidiaries. If for any reason this Section 4.5 is deemed to be insufficient to effectuate such resignations, then the 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 subsidiary 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 subsidiary is deemed by the Company or the Affiliate subsidiary to be a more expedient means to effectuate such resignation or resignations.

Appears in 2 contracts

Samples: Employment Agreement (Smart & Final Stores, Inc.), Form of Employment Agreement (Smart & Final Stores, Inc.)

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 shall 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 willshall, 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.

Appears in 2 contracts

Samples: Employment Agreement (GNC Holdings, Inc.), Form of Employment Agreement (GNC Holdings, Inc.)

Resignation from Officer Positions. Upon the termination of the Executive’s 's employment for any reason (unless otherwise agreed in writing by the Company Holdings and the Executive), the Executive will be deemed to have resigned, without any further action by the Executive, from any and all officer officer, director and/or director positions that the Executive, immediately prior to such termination, (a) held with the Company Holdings or any of its Affiliates and (b) held with any other entities at the direction of, or as a result of the Executive’s 's affiliation with, the Company Holdings 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 Holdings' request, execute any documents or instruments that the Company Holdings may deem necessary or desirable to effectuate such resignations. In addition, the Executive hereby designates the Secretary or any Assistant Secretary of the Company Holdings and of any Affiliate to execute any such documents or instruments as the Executive’s 's attorney-in-fact to effectuate such resignations if execution by the Secretary or any Assistant Secretary of the Company Holdings or Affiliate is deemed by the Company Holdings or the Affiliate to be a more expedient means to effectuate such resignation or resignations.

Appears in 1 contract

Samples: Employment Agreement (Claires Stores Inc)

AutoNDA by SimpleDocs

Resignation from Officer Positions. Upon the termination of the Executive’s 's employment for any reason (unless otherwise agreed in writing by the Company and the Executive), the Executive will shall 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 '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 willshall, upon the Company’s '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 '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.

Appears in 1 contract

Samples: Employment Agreement (GNC Holdings, Inc.)

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 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.

Appears in 1 contract

Samples: Employment Agreement (Linens N Things Inc)

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 (bh) 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.

Appears in 1 contract

Samples: Employment Agreement (General Nutrition Centers, Inc.)

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 shall 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 controlled 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 controlled Affiliates. If for any reason this Section 4.5 is deemed to be insufficient to effectuate such resignations, then the Executive willshall, upon the Company’s request, execute any documents or instruments that the Company may reasonably 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 controlled 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 controlled Affiliate is deemed by the Company or the controlled Affiliate to be a more expedient means to effectuate such resignation or resignations.

Appears in 1 contract

Samples: Employment Agreement (GNC Holdings, Inc.)

Resignation from Officer Positions. Upon the termination of the Executive’s employment for any reason (unless otherwise agreed in writing by the Company GNC and the Executive), the Executive will shall be deemed to have resigned, without any further action by the Executive, from any and all officer and/or and director positions that the Executive, immediately prior to such termination, (a) held with the Company GNC 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 GNC or any of its Affiliates. If for any reason this Section 4.5 is deemed to be insufficient to effectuate such resignations, then the Executive willshall, upon the CompanyGNC’s request, execute any documents or instruments that the Company GNC 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 Holdings, Centers or of any Affiliate of their Affiliates 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 Holdings, Centers or Affiliate their Affiliates is deemed by the Company GNC or the Affiliate its Affiliates to be a more expedient means to effectuate such resignation or resignations.

Appears in 1 contract

Samples: Employment Agreement (GNC Acquisition Holdings Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.