Common use of Termination of Status as Director or Officer Clause in Contracts

Termination of Status as Director or Officer. Upon termination of Executive’s employment for any reason, Executive agrees to resign, as of the date of such termination and to the extent applicable, as an officer and as a member of the board of directors (or any similar position, and from any committees thereof) of the Company, any of the Company’s subsidiaries and other affiliates.

Appears in 7 contracts

Samples: Executive Employment Agreement (Vse Corp), Executive Employment Agreement (Vse Corp), Executive Employment Agreement (Vse Corp)

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Termination of Status as Director or Officer. Upon termination of Executive’s employment for any reasonby the Company, Executive agrees to resign, as of the date of such termination and to the extent applicable, as an officer and as a member of the board of directors (or any similar position, and from any committees thereof) of the Company, Company or of any of the Company’s subsidiaries and other affiliates.

Appears in 1 contract

Samples: Employment Agreement (Olympic Steel Inc)

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Termination of Status as Director or Officer. Upon termination of Executive’s employment by the Company for any reasonGood Cause, Executive agrees to resign, as of the date of such termination and to the extent applicable, from the Board (and any committees thereof) and as an officer and as a member of the board of directors (or any similar position, and from any committees thereof) of the Company, any of the Company’s subsidiaries and other affiliates.

Appears in 1 contract

Samples: Employment Agreement (Olympic Steel Inc)

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