Common use of Separation of Employment Clause in Contracts

Separation of Employment. Executive’s employment or service with the Company and its Affiliates terminated as of [DATE], and Executive hereby resigns from any position as an officer, member of the board of managers or directors (as applicable) or fiduciary of the Company or any of its Affiliates (or reaffirms any such resignation that may have already occurred) and agrees to execute any additional documentation as may be necessary to effectuate such resignations.

Appears in 3 contracts

Samples: Employment Agreement (InnovAge Holding Corp.), Employment Agreement (InnovAge Holding Corp.), Employment Agreement (InnovAge Holding Corp.)

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Separation of Employment. Executive’s employment or service with the Company and its Affiliates terminated as of [DATE], and Executive hereby resigns from any position Executive may hold as an officer, member of the board of managers or directors (as applicable) or fiduciary of the Company or any of its Affiliates (or reaffirms any such resignation that may have already occurred) and agrees to execute any additional documentation as may be necessary to effectuate such resignations.

Appears in 2 contracts

Samples: Employment Agreement (InnovAge Holding Corp.), Employment Agreement (InnovAge Holding Corp.)

Separation of Employment. Executive’s employment or service with Effective as of the Termination Date, Executive resigns as an employee and officer of the Company and its Affiliates terminated as of [DATE]all entities related to the Company, and Executive hereby resigns from any position as an officer, member director, manager or similar functionary of all entities related to the Company. The Company and Executive hereby waive any rights to prior notification of the board termination of managers or directors (as applicable) or fiduciary of the Company or any of its Affiliates (or reaffirms any such resignation that may have already occurred) and agrees to execute any additional documentation as may be necessary to effectuate such resignationsExecutive’s employment.

Appears in 2 contracts

Samples: Separation Agreement (Summit Hotel Properties, Inc.), Separation Agreement (Summit Hotel Properties, Inc.)

Separation of Employment. Executive’s employment Executive acknowledges and confirms that, effective as of the Separation Date, Executive is resigning from all of his positions as (a) an officer or service with employee of the Company (including, without limitation, as Chief Operating Officer) and its Affiliates terminated as of [DATE], subsidiaries and Executive hereby resigns from any position as an officer, (b) a member of the board of managers or directors (of NextGen, as applicable) or fiduciary of the Company or any of its Affiliates (or reaffirms any such resignation that may have already occurred) and agrees to execute any additional documentation well as may be necessary to effectuate such resignationsall committees thereof.

Appears in 1 contract

Samples: Separation Agreement (Quality Systems, Inc)

Separation of Employment. Executive’s employment or service with Effective as of the Termination Date, Executive resigns as an employee and officer of the Company and its Affiliates terminated as of [DATE]all entities related to the Company, and Executive hereby resigns from any position as an officer, member director, manager or similar functionary of all entities related to the Company. The Company and Executive hereby waive any rights to prior notification of the board separation of managers or directors (as applicable) or fiduciary of the Company or any of its Affiliates (or reaffirms any such resignation that may have already occurred) and agrees to execute any additional documentation as may be necessary to effectuate such resignationsExecutive’s employment.

Appears in 1 contract

Samples: Separation Agreement (American Campus Communities Operating Partnership LP)

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Separation of Employment. Executive’s employment or service with Effective as of the Termination Date, Executive resign as an employee and officer of the Company and its Affiliates terminated as of [DATE]all entities related to the Company, and Executive hereby resigns from any position as an officera director, manager or similar functionary of all entities related to the Company (but shall not resign as a member of the board of managers or directors (as applicable) or fiduciary of the Company Board or any of its Affiliates (or reaffirms any such resignation that may have already occurred) and agrees to execute any additional documentation as may be necessary to effectuate such resignationscommittee thereof).

Appears in 1 contract

Samples: Separation Agreement (American Campus Communities Inc)

Separation of Employment. Executive acknowledges that Executive’s 's employment or service with the Company shall terminate as of the Effective Time and that effective as of the Effective Time he has resigned from all officer and director positions held by him at the Company and its Affiliates terminated as of [DATE], and Executive hereby resigns from any position as an officer, member of the board of managers or directors (as applicable) or fiduciary of the Company or any of its Affiliates (or reaffirms any such resignation that may have already occurred) and agrees to execute any additional documentation as may be necessary to effectuate such resignationsaffiliates.

Appears in 1 contract

Samples: Separation Agreement (Keith Companies Inc)

Separation of Employment. Executive’s employment or service with the Company and its Affiliates terminated as of [DATE_______], and Executive hereby resigns from any position as an officer, member of the board of managers or directors (as applicable) or fiduciary of the Company or any of its Affiliates (or reaffirms any such resignation that may have already occurred) and agrees to execute any additional documentation as may be necessary to effectuate such resignations.

Appears in 1 contract

Samples: Employment Agreement (InnovAge Holding Corp.)

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