Resignation of Officer and Director Positions. The Executive’s receipt of any severance payments or benefits upon the Executive’s Qualifying Termination under Section 3 is subject to the Executive resigning from all officer and director positions with all members of the Company Group and the Executive executing any documents the Company may require in connection with the same.
Resignation of Officer and Director Positions. Upon the Effective Date of Termination of Executive’s employment hereunder, Executive will be deemed to have voluntarily resigned from all offices, directorships, and committee positions then held with the Company and any of its subsidiaries and affiliates, without any further required action by the Executive. Executive will execute any documents reasonably requested by the Company to reflect his or her resignation and will not seek or accept re-election to any such positions except with the written consent of the Company.
Resignation of Officer and Director Positions. Effective as of the close of business on the Transition Date, by virtue of executing this Agreement and without any further action by the Executive, the Executive hereby resigns his positions as Executive Vice President, Chief Financial Officer, and Chief of M&A and Strategy of the Company and as a member of the board of directors of, or as a manager of, any of the Company’s affiliates, but not as an employee of the Company.
Resignation of Officer and Director Positions. The Executive’s receipt of any vesting acceleration upon the Executive’s Qualifying CIC Termination under Section 3 is subject to the Executive having resigned from all officer and director positions with all members of the Company Group and the Executive executing any documents the Company may require in connection with the same.
Resignation of Officer and Director Positions. Upon the execution of this Agreement by the Company and Xx. Xxxxxxxx, Xx. Xxxxxxxx shall resign from his positions as Executive Vice President of the Company, and as President of the Technical Services Division, and as a director of the Company effective as of August 8, 2003. Xx. Xxxxxxxx agrees to execute and deliver to the Company such other documents as may be necessary to effect or reflect such resignations.
Resignation of Officer and Director Positions. You have agreed to resign your positions as an officer of PCC and as an officer and director of the Company, such resignations to be effective July 25, 2008.
Resignation of Officer and Director Positions. Effective as of the close of business on the Effective Date, by virtue of executing this Agreement and without any further action by the Executive, the Executive hereby resigns his/her positions as [_______] of the Company and as a member of the board of directors of, and/or as a manager of, any of the Company’s affiliates, but not as an employee of the Company.
Resignation of Officer and Director Positions and Supersession of Prior Agreements and Specified Severance Benefits. Effective with the Transition Date, to the extent such has not already occurred, Employee resigns his executive officer, officer, director and/or managing positions with Jacobs and its affiliated legal entities. By signing this Agreement, Employee also acknowledges and agrees that his Employment Agreement between Xxxxxx Engineering Group Inc. and Xxxx Xxxxxx, amended and restated effective December 30, 2017 (“Employment Agreement”), is hereby superseded and replaced in its entirety by this Agreement, except for Paragraphs 7 and Subparagraphs 7.1 through 7.4 of the Employment Agreement (the “Non-Competition and Non-Solicitation Agreements” paragraphs) which, except as permitted by Other Employment Provision, below, shall survive this Agreement and are incorporated herein by reference. Further, by signing this Agreement, Employee acknowledges and agrees that he shall not be entitled to any benefits under the Xxxxxx Engineering Group Inc. Executive Severance Pay Plan (“ESPP”), that his participation under such ESPP is terminated by mutual consent, that this Agreement satisfies any termination notification obligations that may otherwise exist under the ESPP, and that this Agreement supersedes and replaces entirely any benefits that may otherwise be set out in the ESPP.
Resignation of Officer and Director Positions. Xx. Xxxxx agrees that he has resigned all SBD and its affiliates’ director and officer positions effective as of December 31, 2023. Xx. Xxxxx agrees to sign any documents required by SBD consistent with such resignations.
Resignation of Officer and Director Positions. If Executive’s employment ends for any reason, Executive agrees that he will cease immediately to hold any and all officer and/or director positions he then has with the Company or any subsidiary, absent a contrary direction from the Board (which may include either a request to continue such service or a direction to cease serving upon notice without regard to whether his employment has ended). Executive hereby irrevocably appoints the Company to be his attorney to execute any documents and do anything in his name to effect his ceasing to serve as a director and officer of the Company and any subsidiary, should he fail to resign following a request from the Company to do so. A written notification signed by a director or duly authorized officer of the Company that any instrument, document or act falls within the authority conferred by this clause will be conclusive evidence that it does so.
