Resignation from Directorships and Officerships. The termination of the Executive’s employment for any reason will constitute the Executive’s resignation from (i) any director, officer or employee position the Executive has with the Company or any of its Affiliates, and (ii) all fiduciary positions (including as a trustee) the Executive holds with respect to any employee benefit plans or trusts established by the Company. The Executive agrees that this Agreement shall serve as written notice of resignation in this circumstance, unless otherwise required by any plan or applicable law.
Resignation from Directorships and Officerships. Unless the Group waives this requirement, the termination of your employment for any reason will constitute your resignation from (1) any director, officer or employee position you then have with any member of the Group and (2) all fiduciary positions (including as trustee) you hold with respect to any pension plans or trusts established by any member of the Group. You agree that this Agreement will serve as your written notice of resignation in this circumstance.
Resignation from Directorships and Officerships. The termination of the Executive’s employment for any reason shall constitute the Executive’s resignation from (i) any director, officer or employee position the Executive has with the Company or any of its subsidiaries and (ii) all fiduciary positions the Executive holds with respect to any employee benefit plans or trusts established by the Company; provided, that in the event the Executive’s employment is terminated following the Executive’s successful completion of the Executive’s role, as reasonably determined by the Board in its sole discretion, then he will not be required to resign as a member of the Board unless otherwise determined by the Company. The Executive agrees that this Agreement shall serve as written notice of resignation in this circumstance.
Resignation from Directorships and Officerships. Unless the parties agree otherwise in writing, and subject to the last sentence of this Section 5.6, the termination of the Executive’s employment with the Corporation for any reason shall be treated as the Executive’s resignation from (x) any director, officer or employee position the Executive has with the Corporation, any parent entity (including Holdings) and any of their respective affiliates, and (y) all fiduciary positions (including as a trustee) the Executive holds with respect to any employee benefit plans or trusts established by the Corporation, any parent entity and any other subsidiaries of such parent entity, or any of their respective affiliates. The Executive agrees that this Agreement shall, unless the parties agree otherwise in writing, serve as written notice of such resignation in this circumstance. Furthermore, the Executive agrees to execute any documents evidencing such resignations that the Corporation reasonably requests. Notwithstanding the foregoing, the termination of Executive’s employment shall not affect any position then-held by the Executive with Idea Men, or any director position the Executive has with the Corporation as a director designee pursuant to the terms of any stockholders agreement to be entered into in connection with the IPO.
Resignation from Directorships and Officerships. Pursuant to Paragraph 4(f) of the Employment Agreement, Executive affirms that his notice of resignation submitted on [ ] constitutes his immediate resignation from (i) any director, officer or employee position that Executive has with Vonage, and (ii) all fiduciary positions (including as a trustee) Executive holds with respect to any employee benefit plans or trusts established by Vonage.
Resignation from Directorships and Officerships. Unless the parties agree otherwise in writing, (i) the termination of the Executive’s employment with the Corporation for any reason (other than a termination by the Corporation for Cause) shall be treated as the Executive’s resignation from (x) any officer or employee position the Executive has with the Corporation, its parent entity and any other subsidiaries of such parent entity, and (y) all fiduciary positions (including as a trustee) the Executive holds with respect to any employee benefit plans or trusts established by the Corporation, its parent entity and any other subsidiaries of such parent entity, and (ii) the termination of the Executive’s employment (A) shall be treated as the Executive’s resignation from his position as the CEO Director (as defined in the Stockholders Agreement, dated as of October 7, 2015 (the “Stockholders Agreement”), by and among the Corporation, Executive and certain of its stockholders) (but not, for the avoidance of doubt (except as provided in the immediately succeeding item (B), his position as the Common Director (as defined in the Stockholders Agreement)), and (B) by the Corporation for Cause shall be treated as the Executive’s resignation from each director position the Executive has with the Corporation, its parent entity and any other subsidiaries of such parent entity. The Executive agrees that this Agreement shall, unless the parties agree otherwise in writing, serve as written notice of such resignation in this circumstance. Furthermore, the Executive agrees to execute any documents evidencing such resignations that the Corporation reasonably requests. Termination of Executive’s employment shall not affect any position held by the Executive with Idea Men LLC.
Resignation from Directorships and Officerships. In accordance with Section 4(e) of the Employment Agreement, as of the Termination Date, Executive shall resign from (i) any directorship or officership that Executive held at any time with Vonage, and (ii) all fiduciary positions (including as a trustee) Executive held with respect to any employee benefit plans or trusts established by Vonage. Executive agrees to execute all documents as reasonably requested by the Company to effectuate such resignations.
Resignation from Directorships and Officerships. Notwithstanding Xxxxx’x continued employment hereunder, the appointment of someone other than Xxxxx to the position of permanent sole Chief Executive Officer or Xxxxx’x ceasing to serve as co-Chief Executive Officer shall constitute Xxxxx’x resignation from the Board of Directors of the Company. In addition, the termination of Xxxxx’x employment for any reason shall constitute Xxxxx’x resignation from (i) any director, officer, or employee position Xxxxx has with the Company or any of its subsidiaries, and (ii) all fiduciary positions Xxxxx holds with respect to any employee benefit plans or trusts established by the Company. Xxxxx agrees that this Agreement shall serve as written notice of resignation in the foregoing circumstances.”
Resignation from Directorships and Officerships. The termination of the Employee’s employment for any reason shall constitute the Employee’s immediate resignation from (i) any director, officer or employee position the Employee has with the Company, and (ii) all fiduciary positions (including as a trustee) the Employee holds with respect to any employee benefit plans or trusts established by the Company. The Employee agrees that this Agreement shall serve as written notice of resignation in this circumstance.
Resignation from Directorships and Officerships. Effective on the Date of Termination, regardless of the reason for the termination of his employment with the Company, Xxxxxxxxx shall resign all positions with the Company or any of its subsidiaries or affiliates, including any position as a member of the Company’s Board of Directors, as a member of the Board of Directors of any of the Company’s subsidiaries and as an officer of any of the Company’s subsidiaries.
