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, 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. 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, 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 4.8 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.

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, 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.