Common use of Resignation of Positions Clause in Contracts

Resignation of Positions. Effective as of the date of any termination of employment for any reason, the Executive will be automatically deemed to resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s).

Appears in 12 contracts

Samples: Employment Agreement (Replimune Group, Inc.), Employment Agreement (Replimune Group, Inc.), Employment Agreement (Replimune Group, Inc.)

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Resignation of Positions. Effective as of the date of any termination of employment for any reasonemployment, the Executive will be automatically deemed to resign from all Company-related positions, including as an officer and director of the Company and its parentsparent(s), subsidiaries subsidiaries, and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s).

Appears in 10 contracts

Samples: Employment Agreement (enGene Holdings Inc.), Employment Agreement for Lee (enGene Holdings Inc.), Employment Agreement (enGene Holdings Inc.)

Resignation of Positions. Effective as of the date of any termination of employment for any reasonemployment, the Executive will be automatically deemed to shall resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s).

Appears in 7 contracts

Samples: Employment Agreement (Annaly Capital Management Inc), Employment Agreement (Annaly Capital Management Inc), Employment Agreement (Annaly Capital Management Inc)

Resignation of Positions. Effective as of the date of any termination of employment for any reasonemployment, the Executive will be automatically deemed to resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s).

Appears in 7 contracts

Samples: Employment Agreement (SpartanNash Co), Employment Agreement (SpartanNash Co), Employment Agreement for Amanda Gourbault (CompoSecure, Inc.)

Resignation of Positions. Effective as of the date of any termination of employment for any reasonemployment, the Executive Employee will be automatically deemed to resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s)Company.

Appears in 4 contracts

Samples: Employment Agreement (Altisource Asset Management Corp), Employment Agreement (Altisource Asset Management Corp), Employment Agreement (Altisource Asset Management Corp)

Resignation of Positions. Effective as of the date of any Upon termination of employment for any reasonreason whatsoever, the Executive will shall be automatically deemed to resign have resigned from all Company-related positions, including as an officer offices and director of directorships then held with Employer and the Company and its parents, subsidiaries and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s)Companies.

Appears in 3 contracts

Samples: Employment Agreement (Great Ajax Corp.), Employment Agreement (Great Ajax Corp.), Employment Agreement (Great Ajax Corp.)

Resignation of Positions. Effective The Executive agrees that after termination of his employment with the Company he will tender his resignation from any position he may hold as an officer, director or trustee of the date of any termination of employment for any reasonCompany, the Executive will be automatically deemed to resign from all Company-related positionsParent, including as an officer and director or any of their affiliated or associated companies if so requested by the Company and its parents, subsidiaries and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s)Board.

Appears in 3 contracts

Samples: Employment Agreement (Versus Systems Inc.), Employment Agreement (Versus Systems Inc.), Employment Agreement (Versus Systems Inc.)

Resignation of Positions. Effective as of the date of any termination of employment for any reason, the Executive will be automatically deemed to resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries parents and Affiliatessubsidiaries, as applicable, and shall execute all documentation necessary to effectuate such resignation(s).

Appears in 3 contracts

Samples: Employment Agreement (NewLake Capital Partners, Inc.), Employment Agreement (NewLake Capital Partners, Inc.), Employment Agreement (NewLake Capital Partners, Inc.)

Resignation of Positions. Effective as of the date of any termination of employment for any reasonemployment, the Executive will be automatically deemed to shall resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s)affiliates.

Appears in 3 contracts

Samples: Employment Agreement (Radian Group Inc), Employment Agreement (Hostess Brands, Inc.), Employment Agreement (Radian Group Inc)

Resignation of Positions. Effective as of the date of any termination of employment for any reason, the Executive will be automatically deemed to resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries parents and Affiliatessubsidiaries, as applicable, and shall execute all documentation necessary to effectuate such resignation(s).

Appears in 2 contracts

Samples: Employment Agreement (NewLake Capital Partners, Inc.), Employment Agreement (NewLake Capital Partners, Inc.)

Resignation of Positions. Effective as of the date of any termination of employment for any reasonemployment, the Executive will be automatically deemed to resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s)affiliates.

Appears in 2 contracts

Samples: Employment Agreement (Odyssey Health, Inc.), Employment Agreement (Odyssey Health, Inc.)

Resignation of Positions. Effective as of the date of any termination of employment for any reasonemployment, the Executive will be automatically deemed to resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s)affiliates.

Appears in 2 contracts

Samples: Employment Agreement (Annaly Capital Management Inc), Employment Agreement (Annaly Capital Management Inc)

Resignation of Positions. Effective as of Upon the date of any Executive’s termination of employment for any reasonreason (unless otherwise agreed in writing by Parent and the Executive), the Executive will be automatically deemed to resign have resigned without any further action by the Executive, from any and all Company-related positions, including as an officer and director positions that the Executive, immediately prior to such termination, (a) held with Parent or any of its subsidiaries and (b) held with any other entities at the direction of, or as a result of the Company and Executive’s affiliation with, Parent or any of its parents, subsidiaries and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s)subsidiaries.

Appears in 2 contracts

Samples: Employment Agreement (Neiman Marcus Group LTD LLC), Employment Agreement (Neiman Marcus Group LTD LLC)

Resignation of Positions. Effective as of the date of any termination of employment for any reasonemployment, the Executive will be automatically deemed to shall resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s)affiliates. 12.

Appears in 2 contracts

Samples: Employment Agreement (Sei Investments Co), Employment Agreement (Sei Investments Co)

Resignation of Positions. Effective as of the date of any termination of employment for any reasonemployment, the Executive will be automatically deemed to resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s)affiliates.

Appears in 2 contracts

Samples: Employment Agreement (Lifetime Brands, Inc), Employment Agreement (Lifetime Brands, Inc)

Resignation of Positions. Effective as of the date of any termination of employment for any reasonemployment, the Executive will be automatically deemed to resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries and Affiliates, as applicableAffiliate, and shall execute all documentation necessary to effectuate such resignation(s).

Appears in 1 contract

Samples: Employment Agreement (Replimune Group, Inc.)

Resignation of Positions. Effective as of the date of any termination of employment for any reasonemployment, the Executive will be automatically deemed to resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries and AffiliatesAffiliate, as applicable, and shall execute all documentation necessary to effectuate such resignation(s).

Appears in 1 contract

Samples: Employment Agreement (Replimune Group, Inc.)

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Resignation of Positions. Effective as of the date of any termination of employment for any reasonemployment, the Executive will be automatically deemed to resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries and Affiliatesaffiliates. If the Executive continues owning shares of capital stock of the Company in excess of ten percent (10%) of the total issued and outstanding shares of the Company following termination of employment, the Executive may remain as applicable, and shall execute all documentation necessary to effectuate such resignation(s)a member of the Company’s Board of Directors.

Appears in 1 contract

Samples: Employment Agreement (Odyssey Group International, Inc.)

Resignation of Positions. Effective as of the date of any Upon termination of Executive’s employment with the Company and all Affiliated Entities for any reason, the Executive will shall resign, and shall be automatically deemed to resign have resigned, from all Company-related positions, including positions as an officer and director employee of the Company and its parents, subsidiaries and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s)Affiliated Entities.

Appears in 1 contract

Samples: Amended and Restated (Fuel Systems Solutions, Inc.)

Resignation of Positions. Effective as of the date of any termination of employment for any reasonemployment, the Executive will resign and will be automatically deemed to resign from have resigned all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s)affiliates.

Appears in 1 contract

Samples: Employment Agreement (Urban Outfitters Inc)

Resignation of Positions. Effective Executive agrees that effective as of the date of any termination of employment for any reasonEffective Date, the Executive will be automatically deemed to he shall resign from all Company-related positions, including as an officer and director positions held with any of the Company and its parents, subsidiaries and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s)Entities.

Appears in 1 contract

Samples: Separation and General Release Agreement (Biotech Products Services & Research, Inc.)

Resignation of Positions. Effective as of the date of any termination of employment for any reason, the Executive will be automatically deemed to resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries and Affiliatesaffiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s).

Appears in 1 contract

Samples: Employment Agreement (Kopin Corp)

Resignation of Positions. Effective as of the date of any Upon termination of Executive’s employment with the Company for any reason, the Executive will be automatically deemed agrees to immediately resign from all Company-related positions, including as an officer positions and director of offices in which he is then serving the Company and its parentssubsidiaries including, subsidiaries and Affiliatesbut not limited to, as if applicable, and shall execute all documentation necessary to effectuate such resignation(s)resignation from the Board.

Appears in 1 contract

Samples: Employment Agreement (22nd Century Group, Inc.)

Resignation of Positions. Effective as of the date of any termination of employment for any reasonemployment, the Executive will be automatically deemed to resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s)Company.

Appears in 1 contract

Samples: Employment Agreement (Altisource Asset Management Corp)

Resignation of Positions. Effective as of the date of any termination of employment for any reasonemployment, the Executive will be automatically deemed to resign from all Company-related positions, including as an officer officer, board manager and director of the Company and its parents, subsidiaries and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s)affiliates.

Appears in 1 contract

Samples: Employment Agreement (Cleco Power LLC)

Resignation of Positions. Effective as of the date of any termination of employment for any reason, the Executive will be automatically deemed to resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries parents and Affiliatessubsidiaries, as applicable, and shall execute all documentation necessary to effectuate such resignation(s. (h).

Appears in 1 contract

Samples: Employment Agreement (NewLake Capital Partners, Inc.)

Resignation of Positions. Effective as of the date of any Upon termination of employment for any reasonreason whatsoever, the Executive will shall be automatically deemed to resign have resigned from all Company-related positions, including as an officer offices and director of directorships then held with the Company and its parents, all subsidiaries and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s)of the Company.

Appears in 1 contract

Samples: Employment Agreement (U S Interactive Inc/Pa)

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