Common use of Resignation or Cessation of Duties Clause in Contracts

Resignation or Cessation of Duties. In the event that the Manager ceases to perform all of the Duties contained herein, other than by reason of the Manager's death or disability, or if the Manager resigns unilaterally and on his own initiative from all of his positions this Agreement shall be deemed to be terminated by the Manager as of the date of such cessation of Duties or such resignation, and the Company shall have no further obligations under Section 2 hereof.

Appears in 9 contracts

Samples: Management Agreement (Smartire Systems Inc), Management Agreement (Smartire Systems Inc), Management Agreement (Smartire Systems Inc)

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Resignation or Cessation of Duties. In the event that the Manager Employee ceases to perform all of the Duties contained herein, other than by reason of the ManagerEmployee's death or disability, or if the Manager Employee resigns unilaterally and on his own initiative from all of his positions this Agreement shall be deemed to be terminated by the Manager Employee as of the date of such cessation of Duties or such resignation, and the Company shall have no further obligations under Section 2 hereof.

Appears in 4 contracts

Samples: Employment Agreement (Virtualsellers Com Inc), Employment Agreement (Virtualsellers Com Inc), Employment Agreement (Virtualsellers Com Inc)

Resignation or Cessation of Duties. In the event that the Manager Employee ceases to perform all of the Duties contained herein, other than by reason of the ManagerEmployee's death or disability, or if the Manager Employee resigns unilaterally and on his own initiative from all of his positions positions, this Agreement shall will be deemed to be terminated by the Manager Employee as of the date of such cessation of Duties or such resignation, and the Company shall will have no further obligations under Section 2 Sections 2.1 and 2.2 hereof.

Appears in 4 contracts

Samples: Employment Agreement (Merlin Software Technologies International Inc), Employment Agreement (Merlin Software Technologies International Inc), Employment Agreement (Virtualsellers Com Inc)

Resignation or Cessation of Duties. In the event that the Manager ceases to perform all of the Duties contained herein, other than by reason of the Manager's death or disability, or if the Manager resigns unilaterally and on his own initiative from all of his positions this Agreement shall be deemed to be terminated by the Manager as of the date of such cessation of Duties or such resignation, and the Company and SmarTire shall have no further obligations under Section 2 hereof.

Appears in 3 contracts

Samples: Management Agreement (Smartire Systems Inc), Management Agreement (Smartire Systems Inc), Management Agreement (Smartire Systems Inc)

Resignation or Cessation of Duties. In the event that the Manager ceases to perform all of the Duties contained herein, other than by reason of the Manager's death or disability, or if the Manager resigns unilaterally and on his own initiative from all of his positions this Agreement shall be deemed to be terminated by the Manager as of the date of such cessation of Duties or such resignation, and the Company shall have no further obligations under Section 2 0 hereof.

Appears in 2 contracts

Samples: Management Agreement (Smartire Systems Inc), Management Agreement (Smartire Systems Inc)

Resignation or Cessation of Duties. In the event that the Manager ceases to perform all of the Duties contained herein, other than then by reason of the Manager's Xxxxxx’x death or disability, or if the Manager Xxxxxx resigns unilaterally and on his own initiative from all of his positions this Agreement shall be deemed to be terminated by the Manager as of the date of such cessation of Duties or such resignation, and the Company shall have no further obligations under Section 2 3 hereof.

Appears in 2 contracts

Samples: Management Agreement (IQ Micro Inc.), Management Agreement (IQ Micro Inc.)

Resignation or Cessation of Duties. In the event that the Manager Employee -------------------------------------- ceases to perform all of the Duties contained hereinDuties, other than by reason of the ManagerEmployee's death or disability, or if the Manager Employee resigns unilaterally and on his own initiative from all of his positions positions, this Agreement shall be deemed to be terminated by the Manager Employee as of the date of such cessation of the Duties or such resignation, and the Company shall have no further obligations under Section 2 hereofhereunder.

Appears in 2 contracts

Samples: Employment Agreement (Globalnetcare Inc), Employment Agreement (Globalnetcare Inc)

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Resignation or Cessation of Duties. In the event that the Manager ceases to perform all of the Duties contained herein, other than by reason of the Manager's Xxxxxxxxxxxx’x death or disability, or if the Manager he resigns unilaterally and on his own initiative from all of his positions this Agreement shall be deemed to be terminated by the Manager as of the date of such cessation of Duties or such resignation, and the Company shall have no further obligations under Section 2 hereof.

Appears in 2 contracts

Samples: Management Agreement (IQ Micro Inc.), Management Agreement (IQ Micro Inc.)

Resignation or Cessation of Duties. In the event that the Manager Employee ---------------------------------- ceases to perform all of the Duties contained herein, other than by reason of the ManagerEmployee's death or disability, or if the Manager Employee resigns unilaterally and on his own initiative from all of his positions this Agreement shall be deemed to be terminated by the Manager Employee as of the date of such cessation of Duties or such resignation, and the Company shall have no further obligations under Section 2 hereof.

Appears in 1 contract

Samples: Employment Agreement (Virtualseller Com Inc)

Resignation or Cessation of Duties. In the event that the Manager ceases to perform all of the Duties contained herein, other than by reason of the ManagerPer Arne Lislien's death or disability, or if the Manager he resigns unilaterally and on his own initiative from all of his positions this Agreement shall be deemed to be terminated by the Manager as of the date of such cessation of Duties or such resignation, and the Company shall have no further obligations under Section 2 hereof.

Appears in 1 contract

Samples: Management Agreement (IQ Micro Inc.)

Resignation or Cessation of Duties. In the event that the Manager Employee ceases to perform all of the Duties contained herein, other than by reason of the ManagerEmployee's death or disability, or if the Manager Employee resigns unilaterally and on his her own initiative from all of his her positions this Agreement shall be deemed to be terminated by the Manager Employee as of the date of such cessation of Duties or such resignation, and the Company shall have no further obligations under Section 2 hereof.

Appears in 1 contract

Samples: Employment Agreement (Virtualsellers Com Inc)

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