Common use of Resignation of Officer and Director Positions Clause in Contracts

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.

Appears in 9 contracts

Samples: Executive Employment Agreement (Vizio, Inc.), Executive Employment Agreement (Vizio, Inc.), Executive Employment Agreement (Vizio, Inc.)

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Resignation of Officer and Director Positions. Upon The termination of the Effective Date of Termination of Executive’s employment hereunder, Executive for any reason 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 affiliatesalso constitute, without any further required action by the Executive. , the Executive’s voluntary resignation from all officer and/or director positions held at any member of the Company Group, and at the Board’s request, the Executive will execute any documents reasonably requested by necessary to reflect the resignations. The Executive’s receipt of any severance payments or benefits upon the Executive’s Qualifying Termination under Section 5 is subject to the Executive executing any documents the Company to reflect his or her resignation and will not seek or accept re-election to any such positions except may require in connection with the written consent of the Companypreceding sentence.

Appears in 7 contracts

Samples: Employment Agreement (Acutus Medical, Inc.), Employment Agreement (Acutus Medical, Inc.), Employment Agreement (Acutus Medical, Inc.)

Resignation of Officer and Director Positions. Upon Executive shall resign from Executive’s position as an officer and director of the Effective Date of Termination Company effective no later than the effective date of Executive’s termination of 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.

Appears in 3 contracts

Samples: Employment Agreement (Catamaran Corp), Employment Agreement (SXC Health Solutions Corp.), Employment Agreement (SXC Health Solutions Corp.)

Resignation of Officer and Director Positions. Upon Executive shall resign from Executive's position as an officer and director of the Effective Date of Termination Company effective no later than the effective date of Executive’s 's termination of 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.

Appears in 1 contract

Samples: Employment Agreement (Catamaran Corp)

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Resignation of Officer and Director Positions. Upon Effective as of the Effective Date of Termination of Executive’s employment hereunderSeparation Date, Executive will be deemed to have voluntarily resigned resigns from any and all officesofficer and director positions with Company or Reliant Bank, directorships, and committee positions then held with the Company and or any of its their respective subsidiaries and or affiliates, without any further required action by which Executive held immedicably prior to 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 CompanySeparation Date.

Appears in 1 contract

Samples: Executive Separation Agreement (Reliant Bancorp, Inc.)

Resignation of Officer and Director Positions. Upon Effective as of the Effective Date of Termination of Executive’s employment hereunderSeparation Date, Executive will be deemed to have voluntarily resigned resigns from any and all officesofficer and director positions with Company or Bank, directorships, and committee positions then held with the Company and or any of its their respective subsidiaries and or affiliates, without any further required action by which Executive held immedicably prior to 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 CompanySeparation Date.

Appears in 1 contract

Samples: Executive Separation Agreement (Reliant Bancorp, Inc.)

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