Resignation of Officer and Director Positions. The Executive’s receipt of any severance payments or benefits upon the Executive’s Qualifying Termination under Section 3 is subject to the Executive resigning from all officer and director positions with all members of the Company Group and the Executive executing any documents the Company may require in connection with the same.
Resignation of Officer and Director Positions. Upon the Effective Date of Termination of Executive’s employment hereunder, Executive will be deemed to have voluntarily resigned from all offices, directorships, and committee positions then held with the Company and any of its subsidiaries and affiliates, without any further required action by the Executive. Executive will execute any documents reasonably requested by the Company to reflect his or her resignation and will not seek or accept re-election to any such positions except with the written consent of the Company.
Resignation of Officer and Director Positions. Effective as of the close of business on the Effective Date, by virtue of executing this Agreement and without any further action by the Executive, the Executive hereby resigns his/her positions as [_______] of the Company and as a member of the board of directors of, and/or as a manager of, any of the Company’s affiliates, but not as an employee of the Company.
Resignation of Officer and Director Positions. If Executive’s employment ends for any reason, Executive agrees that he will cease immediately to hold any and all officer and/or director positions he then has with the Company or any subsidiary, absent a contrary direction from the Board (which may include either a request to continue such service or a direction to cease serving upon notice without regard to whether his employment has ended). Executive hereby irrevocably appoints the Company to be his attorney to execute any documents and do anything in his name to effect his ceasing to serve as a director and officer of the Company and any subsidiary, should he fail to resign following a request from the Company to do so. A written notification signed by a director or duly authorized officer of the Company that any instrument, document or act falls within the authority conferred by this clause will be conclusive evidence that it does so.
Resignation of Officer and Director Positions. Pursuant to his execution and delivery of the formal resignation letter attached hereto as Exhibit A, Executive shall resign (a) his officer positions as Chief Executive Officer and President of Sonic, (b) his position as a director of Sonic, and (c) his positions as an officer, director, manager or governor of each of Sonic’s direct or indirect wholly-owned subsidiaries, in each case effective September 24, 2018. Executive’s employment with Sonic will continue as an employee at will in his capacity as Co-Founder of Sonic, and Executive will continue to provide strategic consulting services to Sonic in this capacity.
Resignation of Officer and Director Positions. The Employee agrees to resign, as of July 9, 2001, any and all officer positions with the Company, as well as his position as a director on the Company's Board of Directors.
Resignation of Officer and Director Positions. The Executive’s receipt of any vesting acceleration upon the Executive’s Qualifying CIC Termination under Section 3 is subject to the Executive having resigned from all officer and director positions with all members of the Company Group and the Executive executing any documents the Company may require in connection with the same.
Resignation of Officer and Director Positions. The payment of any severance set forth in Section 6(a), Section 6(b) and Section 6(d) above is subject to Executive having resigned from all officer and director positions with the Company (or any parent or subsidiary of the Company) and Executive executing any documents the Company may require in connection with the same.
Resignation of Officer and Director Positions. Upon the execution of this Agreement by the Company and Xx. Xxxxxxxx, Xx. Xxxxxxxx shall resign from his positions as Executive Vice President of the Company, and as President of the Technical Services Division, and as a director of the Company effective as of August 8, 2003. Xx. Xxxxxxxx agrees to execute and deliver to the Company such other documents as may be necessary to effect or reflect such resignations.
Resignation of Officer and Director Positions. Xx. Xxxxx agrees that he has resigned all SBD and its affiliates’ director and officer positions effective as of December 31, 2023. Xx. Xxxxx agrees to sign any documents required by SBD consistent with such resignations.
