Common use of Resignation of Employment Clause in Contracts

Resignation of Employment. Executive acknowledges that he is no longer serving as Company's Chief Executive Officer, and that he will submit and the Company will accept his resignation as Chairman of the Board of Directors no later than June 30, 2000 ("Termination Date"). Executive, however, remains a member of the Company's Board of Directors. In exchange for the consideration in this Agreement, Executive and Company agree to execute a release agreement with terms modeled on the General Release of Claims I, attached hereto as Exhibit A and agreed to by the parties ("Release I"), on or about the Termination Date.

Resignation of Employment. Effective as of May 1, 2001 (the “Separation Date”), Executive acknowledges that he is no longer serving hereby resigns his employment with the Company, including his positions as Company's Director, Chief Executive Officer, Officer and that he will submit and the Company will accept his resignation as Chairman of the Board of Directors no later than June 30, 2000 ("Termination Date"). Executive, however, remains a member President of the Company's Board , and resigns as director, officer and trustee of Directors. In exchange for each of the consideration Company’s subsidiaries and affiliates of which he holds any such positions, and shall no longer serve in this Agreement, Executive and Company agree to execute a release agreement with terms modeled on the General Release any of Claims I, attached hereto as Exhibit A and agreed to by the parties ("Release I"), on or about the Termination Datethese capacities.

Resignation of Employment. The Executive acknowledges is resigning from his employment with the Company as its President and Chief Investment Officer as of the close of business on September 15, 2009 (the “Resignation Date”). The Executive confirms that he is no longer serving as Company's Chief Executive Officer, resigning from any and all other positions that he will submit and holds with the Company will accept his resignation as Chairman an officer, director or otherwise effective on the Resignation Date. The Executive further confirms that he is resigning from any and all positions that he may hold with any affiliate of the Board of Directors no later than June 30, 2000 ("Termination Date"). Executive, however, remains a member of the Company's Board of Directors. In exchange for the consideration in this Agreement, Executive and Company agree to execute a release agreement with terms modeled effective on the General Release of Claims I, attached hereto as Exhibit A and agreed to by the parties ("Release I"), on or about the Termination Resignation Date.

Resignation of Employment. The Executive acknowledges is resigning from his employment and as President and Chief Executive Officer effective February 20, 2010 (the “Resignation Date”). The Executive confirms that he is no longer serving as Company's Chief Executive Officer, resigning from any and all other positions that he will submit and holds with the Company will accept or any of its affiliates as an officer or otherwise effective on the Resignation Date, except that the Executive is not resigning from his resignation position as Chairman of the Board of Directors no later than June 30, 2000 ("Termination Date"). Executive, however, remains a member of and he shall continue to serve on the Company's ’s Board of Directors. In exchange for Directors following the consideration in this Agreement, Executive and Company agree to execute a release agreement with terms modeled on the General Release of Claims I, attached hereto as Exhibit A and agreed to by the parties ("Release I"), on or about the Termination Resignation Date.