Resignation from Official Positions. If your employment with [[Organization A:Organization]] terminates for any reason, you shall automatically be deemed to have resigned at that time from any and all officer or director positions that you may have held with [[Organization A:Organization]], or any of [[Organization A:Organization]]’s affiliated companies and all board seats or other positions in other entities you held on behalf of [[Organization A:Organization]], including any fiduciary positions (including as a trustee) you hold with respect to any employee benefit plans or trusts established by [[Organization A:Organization]]. You agree that this Agreement shall serve as written notice of resignation in this circumstance. If, however, for any reason this paragraph 7(h) is deemed insufficient to effectuate such resignation, you agree to execute, upon the request of [[Organization A:Organization]] or any of its affiliated companies, any documents or instruments which [[Organization A:Organization]] may deem necessary or desirable to effectuate such resignation or resignations, and you hereby authorize the Secretary and any Assistant Secretary of [[Organization A:Organization]] or any of [[Organization A:Organization]]’s affiliated companies to execute any such documents or instruments as your attorney-in-fact.
Voluntary Resignation by Executive. Executive may voluntarily terminate her employment with the Company at any time with or without notice and with or without reason. Such voluntary termination by Executive shall include, without limitation, Executive’s decision not to renew this Agreement upon expiration of the Employment Period if the Company offers to renew this Agreement on economic terms and conditions at least equal to this Agreement and for a term at least equal to one year. In the event Executive voluntarily terminates her employment, Executive’s salary shall cease on the termination date and Executive will not be entitled to severance pay, pay in lieu of notice, or any other compensation other than payment of the Accrued Benefits.
Executive Resignation Effective Date. Effective as of midnight on October 1, 2014 (“Executive Resignation Effective Date”), you hereby resign as Senior Vice President, Advisor to the Chief Executive Officer and President of the Corporation.
Termination of Employment; Resignation. The parties acknowledge that Executive’s employment relationship with the Company will cease at the close of business on August 31, 2015 (the “Termination Date”). Executive hereby resigns effective at the close of business on the Termination Date, # as an employee of the Company, # to the extent he has not already done so, from all Company boards, committees, and offices, including those of any parent, affiliate or subsidiary of the Company, and # from all administrative, fiduciary or other positions Executive may hold or have held relating to the Company. The Company consents to and accepts all such resignations. Executive agrees to make himself available for assigned duties and adhere to Company policy through and including the Termination Date. Executive further agrees to execute a release comparable to that set forth in this Agreement following his Termination Date.
WARRANT HOLDER NOT DEEMED A STOCKHOLDER. Except as otherwise specifically provided herein, this Warrant, in and of itself, shall not entitle the Holder to any voting rights or other rights as a stockholder of the Company. In addition, nothing contained in this Warrant shall be construed as imposing any liabilities on the Holder to purchase any securities (upon exercise of this Warrant or otherwise) or as a stockholder of the Company, whether such liabilities are asserted by the Company or by creditors of the Company.
Distributions Deemed Adjustments to Purchase Price. All distributions of the Escrow Funds to pursuant to this Agreement shall be deemed to be adjustments to the Purchase Price for the assets pursuant to the terms of the Purchase Agreement.
Each of Dauman and Abrams shall be deemed to have resigned, effective May 20, 2016, from any position he may have with respect to the Trust, including without limitation as Trustee of the Trust, and has executed a Resignation of Trustee attached as Exhibit K1 and Exhibit K2 respectively; provided, that in no event shall such deemed resignation affect any of Daumans or Abrams rights or entitlements pursuant to [Sections 7, 9 and 18] of this Settlement, which shall be determined without reference to this [Section 19(q)].
Resignation from Employment by the Executive for Good Reason. Termination by the Company without Due Cause under [Subsection 4(d)] shall be deemed to have occurred if the Executive elects to resign from employment for Good Reason.
voluntary resignation or retirement (other than a voluntary resignation or retirement that constitutes a Good Reason Resignation);
Resignation of Offices Upon Termination. Upon termination of Executive’s employment for any reason, Executive agrees that he shall resign from all offices and positions he holds with the Company or any of its affiliates; and further agrees that he shall execute such documents as shall be reasonably necessary to give effect to such resignations.
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