Common use of Resignation from the Board Clause in Contracts

Resignation from the Board. The Executive agrees that effective with any termination, and as a condition to receiving any payments under Section 8.4 above, the Executive resigns from all directorships and committees of the Board of the Company and its subsidiaries.

Appears in 2 contracts

Samples: Executive Employment Agreement (Jackson Hewitt Tax Service Inc), Executive Employment Agreement (Jackson Hewitt Tax Service Inc)

AutoNDA by SimpleDocs

Resignation from the Board. The Executive agrees that effective On any termination of the --------------------------- Executive's employment with any termination, and as a condition to receiving any payments under Section 8.4 abovethe Company, the Executive resigns shall be deemed to have resigned from the Board and from all other offices and directorships and committees of held by the Board of Executive with the Company and all of its subsidiariesaffiliates.

Appears in 1 contract

Samples: Employment Agreement (McLeodusa Inc)

AutoNDA by SimpleDocs

Resignation from the Board. The Executive agrees that effective that, in connection with any termination, and as a condition to receiving any payments under this Section 8.4 aboveVIII, the Executive resigns shall resign from all directorships and committees of the Board of the Company and its subsidiariessubsidiaries if so requested by the Board; provided, however, that following any such termination Executive may continue to serve as a member of the Board if the Executive continues to be re-nominated and re-elected thereto.

Appears in 1 contract

Samples: Executive Employment Agreement (Jackson Hewitt Tax Service Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!