Resignation Upon Election Sample Clauses

The 'Resignation Upon Election' clause requires an individual to resign from their current position if they are elected or appointed to a new role, typically within the same organization or a related entity. In practice, this means that if a board member or officer is chosen for a different office, they must step down from their existing post before assuming the new responsibilities. This clause helps prevent conflicts of interest and ensures a clear separation of duties, thereby maintaining organizational integrity and smooth transitions between roles.