Termination of Directorship. If during his employment under this Agreement the Director shall cease to be a director of the Company (otherwise than by reason of his death, resignation or disqualification pursuant to the Articles of Association of the Company or by statute or court order) his employment shall continue as if it had been in the office of executive manager of the Company and the terms of this Agreement (other than those relating to the holding of office of director) shall continue in full force and effect and the Director shall have no claims against the Company in respect of such cesser.
Appears in 5 contracts
Samples: Service Agreement (SKK Holdings LTD), Service Agreement (SKK Holdings LTD), Service Agreement (JBDI Holdings LTD)
Termination of Directorship. If during his 18.1 The employment of the Director under this Agreement shall terminate automatically in the Director shall cease event of his ceasing to be a director of the Company (otherwise than by reason of his death, resignation or disqualification pursuant to the Articles of Association of the Company or by statute or court order) his employment shall continue as if it had been and in the office of executive manager of the Company and the terms of this Agreement (other than those relating to the holding of office of director) shall continue in full force and effect and that event the Director shall have no claims claim for damages against the Company unless he shall cease to be a Director of the Company by virtue of a resolution passed by the members of the Company in respect general meeting, and at the time of such cesserremoval the Company shall not be otherwise entitled to terminate his employment under this Agreement.
Appears in 4 contracts
Samples: Director's Service Agreement (Viewsonic Corp), Director's Service Agreement (Viewsonic Corp), Director's Service Agreement (Viewsonic Corp)
Termination of Directorship. If during his the employment under this Agreement of the Director hereunder shall be terminated by reason of his ceasing to be a director of the Company he shall have no claim hereunder for damages against the Company unless he shall cease to be a director of the Company (otherwise than by reason of his death, resignation or disqualification pursuant to the Articles of Association of the Company or by statute or court order) his employment shall continue as if it had been in the office of executive manager of the Company and the terms of this Agreement (other than those relating to the holding of office of director) shall continue in full force and effect and the Director shall have no claims against the Company in respect of such cesser.Company:-
Appears in 3 contracts
Samples: Service Agreement (Proteus International P L C /Fi), Service Agreement (Proteus International P L C /Fi), Service Agreement (Proteus International P L C /Fi)
Termination of Directorship. If during his her employment under this Agreement the Director shall cease to be a director of the Company (otherwise than by reason of his her death, resignation or disqualification pursuant to the Articles of Association of the Company or by statute or court order) his her employment shall continue as if it had been in the office of executive manager of the Company and the terms of this Agreement (other than those relating to the holding of office of director) shall continue in full force and effect and the Director shall have no claims against the Company in respect of such cesser.
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Termination of Directorship. If during his the employment under this Agreement of the Director hereunder shall be terminated by reason of his ceasing to be a director of the Company he shall have no claim hereunder for damages against the Company unless he shall cease to be a director of the Company (otherwise than by reason of his death, resignation or disqualification pursuant to the Articles of Association of the Company or by statute or court order) his employment shall continue as if it had been in the office of executive manager of the Company and the terms of this Agreement (other than those relating to the holding of office of director) shall continue in full force and effect and the Director shall have no claims against the Company in respect of such cesser.Company:
Appears in 1 contract
Samples: Service Agreement (Proteus International P L C /Fi)
Termination of Directorship. If during his The employment of the Director under this Agreement shall terminate automatically in the Director shall cease event of him ceasing to be a director of the Company (otherwise than by reason of his death, resignation or disqualification pursuant to the Articles of Association of the Company or by statute or court order) his employment shall continue as if it had been in the office of executive manager Director of the Company and the terms of this Agreement (other than those relating to the holding of office of director) shall continue in full force and effect and that event the Director shall have no claims claim for damages against the Company unless he shall so cease by virtue of a resolution passed by the members of the Company in respect general meeting to remove him as director and at the same time of such cesserremoval the Company is not otherwise entitled to terminate his employment under this Agreement.
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