Board Resignation definition

Board Resignation shall have the meaning assigned to it in Section 4.2(b).
Sample 1

Examples of Board Resignation in a sentence

  • After giving effect to the Board Resignation, Executive represents and warrants that Executive is free to accept employment with the Company, and that Executive has no existing commitments or obligations of any kind (including any restrictive covenant(s) for the benefit of any prior employer) that would hinder or interfere with Executive’s obligations hereunder.

  • In connection with the Board Resignation, and notwithstanding anything to the contrary in that certain Restricted Units Agreement, dated August 11, 2020, between Executive and Authentic (the “RUA”), as of the Commencement Date, 225 of the Restricted Units granted to Executive under the RUA, shall be immediately forfeited, and the remaining 75 Restricted Units shall be fully vested and remain subject to the terms and provisions of the RUA.

  • Commencing as of immediately after the Board Resignation Date, such that there is no break in Xxxxxxxxxx providing Service (as defined in iMedia’s 2011 Omnibus Incentive Plan), Xxxxxxxxxx will provide consulting services to iMedia as an independent contractor (the “Consulting Services”) continuing through the date prior to iMedia's next annual meeting of iMedia shareholders (the “Consulting Period”).

  • This Agreement contains the full agreement between Xxxxxxxxxx and iMedia related to Xxxxxxxxxx’x resignation from the Board and any of its affiliates, effective as of the Board Resignation Date, and the performance of Xxxxxxxxxx for iMedia after the Board Resignation Date, and may not be modified, altered, or changed in any way, except by written agreement signed by the parties.

  • This Board Resignation Agreement and Release (“Agreement”) is made by and between Xxxxxxx Xxxxxxx (“Director”) and ServiceSource International, Inc.

  • Each current member of the Giants Board other than Xxxxxxxx Read shall have delivered a Giants Board Resignation or shall have otherwise ceased to be a member of the Giants Board.

  • Moody Construction 6017 Redan Road Lithonia, GA 30058 Re: Theragenics Board Resignation Dear Chris and Dave: Due to upcoming business commitments, I hereby tender my resignation as a Director of Theragenics Corporation effective December 31, 2008.

  • The date this Agreement terminates for any reason shall be the “Termination Date” and the time period between the Board Resignation Date and the Termination Date shall be the “Advisory Period”.

  • Mahoney, Jr., to Board of Directors Mahoney Fills Vacancy Created by Recent Board Resignation BOSTON, Mass., October 19 2007 – NMT Medical, Inc.

  • XxXxxxxxx Title: Executive Chairman MXXXXXX XXXX /s/ Mxxxxxx Xxxx EXHIBIT A Board Resignation Agreement Upon resignation or termination from my position as Chief Executive Officer for any reason, with or without Cause, including but not limited to a Change in Control, I hereby immediately resign from my position on the Board of Directors of the Company and any subsidiary or affiliated entities.

Related to Board Resignation

  • Board Resolutions means the board resolutions to be signed by us (where we are a company) pursuant to the opening of our Account(s) with you.

  • Guarantor’s Board Resolution means a copy of one or more resolutions, certified by the Secretary or an Assistant Secretary of the Guarantor to have been duly adopted by the Guarantor's Board of Directors and to be in full force and effect on the date of such certification, delivered to the Trustee.

  • Board Resolution means a copy of a resolution certified by the Secretary or an Assistant Secretary of the Company to have been duly adopted by the Board of Directors and to be in full force and effect on the date of such certification, and delivered to the Trustee.

  • Resignation for Good Reason means Executive’s resignation from all employee positions Executive then holds with the Company within sixty (60) days following any of the following events taken without Executive’s consent, provided Executive has given the Company written notice of such event within thirty (30) days after the first occurrence of such event and the Company has not cured such event within thirty (30) days thereafter:

  • Resignation Effective Date has the meaning specified in Section 9.06(a).

  • Board Representative has the meaning set forth in Section 4.18.

  • Voluntary Resignation means any Termination by Employee for any reason other than a Constructive Termination.

  • Resignation Letter means a letter substantially in the form set out in Schedule 7 (Form of Resignation Letter).

  • Guarantor’s Officers’ Certificate means, with respect to any Guarantor, a certificate signed by any two of the following: a Chairman of the Board, a Chief Executive Officer, a President, a Vice President, a Treasurer, an Assistant Treasurer, a Secretary or an Assistant Secretary of such Guarantor, or any other officer or officers of such Guarantor designated in a writing by or pursuant to authority of such Guarantor’s Board of Directors and delivered to the Trustee from time to time.

  • Board Rules means the administrative rules and regulations promulgated by the

  • Termination for Just Cause means termination because of Executive’s personal dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule or regulation (other than traffic violations or similar offenses) or final cease-and-desist order, or material breach of any provision of this Agreement.

  • Resignation means a voluntary notice by the employee that they are terminating their service on the date specified;

  • Borrowing Subsidiary Termination means a Borrowing Subsidiary Termination substantially in the form of Exhibit F-2.

  • Unrestricted Subsidiary means any Subsidiary of the Company that is designated by the Board of Directors of the Company as an Unrestricted Subsidiary pursuant to a resolution of the Board of Directors, but only to the extent that such Subsidiary:

  • Notice of Termination for Good Reason shall have the meaning set forth in Section 1(t).

  • Without Cause means a termination by the Company of the Employee’s employment during the Employment Period for any reason other than a termination based upon Cause, death or Disability.

  • Termination for Cause or "Cause" shall mean termination because of the Executive's personal dishonesty, willful misconduct, any breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, conviction of a felony with respect to the Bank or the Company or any material breach of this Agreement. For purposes of this Section, no act, or the failure to act, on the Executive's part shall be "willful" unless done, or omitted to be done, in bad faith and without reasonable belief that the action or omission was in the best interest of the Company or its affiliates. Any act, or failure to act, based upon authority given pursuant to a resolution duly adopted by the Board or based upon the written advice of counsel for the Company shall be conclusively presumed to be done, or omitted to be done, by the Executive in good faith and in the best interests of the Company. Notwithstanding the foregoing, the Executive shall not be deemed to have been terminated for Cause unless and until there shall have been delivered to him a Notice of Termination which shall include a copy of a resolution duly adopted by the affirmative vote of not less than three-fourths of the members of the Board at a meeting of the Board called and held for that purpose (after reasonable notice to the Executive and an opportunity for him, together with counsel, to be heard before the Board), finding that in the good faith opinion of the Board, the Executive was guilty of conduct justifying Termination for Cause and specifying the particulars thereof in detail. The Executive shall not have the right to receive compensation or other benefits for any period after Termination for Cause.

  • Converted Unrestricted Subsidiary has the meaning specified in the definition of “Consolidated EBITDA.”

  • Subsidiary Redesignation shall have the meaning provided in the definition of “Unrestricted Subsidiary” contained in this Section 1.01.

  • Subsidiary Board means the board of trustees of a subsidiary corporation.

  • Voluntary Termination for Good Reason means that the Executive voluntarily terminates his employment after any of the following are undertaken without Executive’s express written consent:

  • Board Recommendation has the meaning ascribed thereto in Section 2.4(2).

  • Termination for Good Reason means a Termination of Employment by Executive for a Good Reason.

  • Designation Date as defined in Subsection 2.10(f).