Common use of Resignation of all Company Positions on Termination Date Clause in Contracts

Resignation of all Company Positions on Termination Date. No later than the Termination Date, and prior to the provision or payment of any benefits under this Agreement on account of such Covered Termination or Change in Control Termination, as applicable, Executive must resign from all positions that Executive holds with the Company unless otherwise requested by the Company.

Appears in 7 contracts

Samples: Control Severance Benefits Agreement (Nanometrics Inc), General Severance Benefits And (Nanometrics Inc), Benefits Agreement (Nanometrics Inc)

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Resignation of all Company Positions on Termination Date. No later than the Termination Date, and prior to the provision or payment of any benefits under this Agreement on account of such Covered Termination or Change in Control Termination, as applicable, Executive must resign from all positions that Executive holds with the Company Company, including any Board position, unless otherwise requested by the Companyother Board members.

Appears in 2 contracts

Samples: Nanometrics Incorporated (Nanometrics Inc), General Severance Benefits And (Nanometrics Inc)

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