Effective Resignation Date definition
Examples of Effective Resignation Date in a sentence
Upon the earlier of (i) the Effective Resignation Date or (ii) the appointment of a successor Agent or Security Agent by the Note Requisite Holders, Agent shall have no further obligations hereunder or pursuant to the applicable agreements.
Employee covenants and agrees that, in consideration of the amounts to be paid Employee hereunder and other good and valuable consideration, for a period of six (6) months beyond the Effective Resignation Date, Retirement Termination Date or the Just Cause Termination Date (each a "Termination Date"), Employee shall not be employed as an executive officer of, control, manage, or otherwise participate in the management of the business of a "significant competitor" of the Company.
In the event a successor Agent is not appointed by the Note Requisite Holders on or before the Effective Resignation Date, then Agent shall have the right to deliver any Collateral held by it with a clerk of a court of competent jurisdiction or a third party escrow provider pending the appointment of a successor Agent by the Note Requisite Holders.
All Base Salary and Bonus Salary earned through the Effective Resignation Date will be paid to Employee.
Upon the earlier of (i) the Effective Resignation Date or (ii) the appointment of a successor Security Agent by the Requisite Holders, the Security Agent shall have no further obligations hereunder.
All Base Salary and Bonus Salary earned through the Effective Resignation Date including notice period, will be paid to Employee.
Employee can resign at any time, giving customary two (2) weeks notice, terminating his employment under this Agreement ("Effective Resignation Date").
Employee can resign at any time, giving 60 days notice, terminating her employment under this Agreement ("Effective Resignation Date").
In addition, during the Consulting Period, the KV Companies shall provide Executive, at the KV Companies’ expense, with medical, disability, and life insurance coverage and any other coverages of the same or similar types, and in the same or similar amounts as the KV Companies provided to Executive as of the Effective Resignation Date (“Continuation Insurance Coverage”).
W▇▇▇▇▇▇▇▇ further tenders, and Furiex accepts, his resignation as an officer and director of the Company and its affiliates, and from any committees of the Board of Directors of the Company (“Board”) effective as of the end of the CFO Employment Period, as defined below, after which he will serve in a transition role through the Effective Resignation Date.