RESIGNATIONS FROM POSITIONS Sample Clauses
The "Resignations from Positions" clause requires individuals, typically directors or officers, to formally step down from their roles within a company or organization under certain circumstances, such as upon termination of employment or sale of shares. This clause often obligates the individual to submit written resignations from all positions held, including board memberships or committee roles, ensuring a clean and comprehensive separation. Its core function is to prevent any lingering authority or obligations, thereby protecting the organization from potential conflicts of interest or governance issues after the individual's departure.
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RESIGNATIONS FROM POSITIONS. The Employee specifically agrees that upon his termination of employment with the Company, whether voluntary or involuntary, his position as an officer or as a member of the Board of Directors of the Company, any affiliate or another company for which Underwriter is performing management services shall cease and this Agreement shall constitute notice of the Employee's resignation in such regard.
RESIGNATIONS FROM POSITIONS. The Employee specifically agrees that upon his termination of employment with the Company, whether voluntary or involuntary, his position as an officer or as a member of the Board of Directors of MIIX Group, MIIX Insurance Company, Underwriter or any affiliate shall cease and this Agreement shall constitute notice of the Employee's resignation in such regard.
RESIGNATIONS FROM POSITIONS. Effective as of the date hereof, the Stockholder hereby resigns from any and all his positions with Tejas and any of its subsidiaries except for C&TA.
RESIGNATIONS FROM POSITIONS. Effective as of the date hereof, the Tejas Affiliate hereby resigns from any and all positions with the Company.
RESIGNATIONS FROM POSITIONS. (a) ▇. ▇▇▇▇▇▇▇▇▇ does hereby resign as Secretary of the Company and each of its subsidiaries and as a member of the board of directors of the Company and each of its subsidiaries, effective immediately and simultaneous with his execution of this Agreement and the ratification of this Agreement by the board of directors of the Company (▇. ▇▇▇▇▇▇▇▇▇ abstaining) in accordance with the resolutions simultaneously adopted by the board of directors of the Company and annexed hereto as Exhibit A and made a part hereof.
(b) ▇▇▇▇, as the sole remaining member of the board of directors of the Company and its subsidiaries has advised ▇. ▇▇▇▇▇▇▇▇▇ that he intends to appoint Amit Barzelai to serve as a member of the board of directors of the Company and each of its subsidiaries to fill the vacancy created by the resignation of ▇. ▇▇▇▇▇▇▇▇▇. By his execution of this Agreement ▇. ▇▇▇▇▇▇▇▇▇ agrees that he has no objection to such appointment.
RESIGNATIONS FROM POSITIONS. Effective as of the date hereof, the Stockholder hereby resigns from any and all his positions with Tejas and any of its subsidiaries except for C&TA.