Common use of Resignation upon Termination Clause in Contracts

Resignation upon Termination. Upon any termination of Executive’s employment with the Company, and without further action on the part of Executive, Executive shall be deemed to have resigned from each directorship and other office or position of authority Executive may hold with the Company or any of its direct or indirect subsidiary business entities.

Resignation upon Termination. Upon any At the time of termination of Executive’s employment with for any reason, the Executive agrees at the request of the Company to resign from any position he holds as a Director (or other similar position) of the Company and any Affiliates, unless other explicit arrangements are agreed upon between the Executive and the Company, and without further action on the part of Executive, Executive shall be deemed to have resigned from each directorship and other office or position of authority Executive may hold with the Company or any of its direct or indirect subsidiary business entities.

Resignation upon Termination. Upon any termination Effective as of the date of Executive’s termination of employment with the Company, and without further action on the part of Executive, Executive shall be deemed to have resigned resign, in writing, from each directorship all board and board committee memberships and other office positions then held by him, or position of authority Executive may hold to which he has been appointed, designated or nominated, with the Company or any of and its direct or indirect subsidiary business entitiesAffiliates.

Resignation upon Termination. Upon any termination In the event of separation of Executive’s employment with the Company, and without further action on the part of ExecutiveCorporation, Executive shall be deemed hereby agrees to have resigned resign from each directorship and other office or all positions held in the Corporation, including, without limitation, any position of authority Executive may hold with director, officer, agent, trustee, or consultant of the Company or any of its direct or indirect subsidiary business entitiesCorporation.

Resignation upon Termination. Upon any In the event of termination of the Executive’s employment with the CompanyCorporation, for whatever reason, the Executive hereby agrees to resign from all positions held in the Corporation, and in any member of the Interphase Group, including, without further action on limitations, any position as a director, officer, agent, trustee or consultant of the part of Executive, Executive shall be deemed to have resigned from each directorship and other office or position of authority Executive may hold with the Company or any of its direct or indirect subsidiary business entitiesCorporation.

Resignation upon Termination. Upon any termination of Executive’s employment with the Company, and without further action on the part of Executivefor any reason, Executive shall be deemed to have resigned immediately resign from each directorship and any other office or position offices within the Company and any Subsidiary of authority the Company that Executive may hold with then hold, and from the Company or Board and the board of any of its direct or indirect subsidiary business entitiesSubsidiary.