Example ContractsClausesResignations
Resignations
Resignations contract clause examples

Resignations. You hereby acknowledge your removal as a member of the board of directors of the Company (the “Board”) effective as of March 17, 2020 and your removal as Chief Executive Officer of the Company effective as of the Separation Date, and you hereby resign, effective as of the Separation Date, from any and all board, committee, officer, and other positions held at any Affiliate of the Company (collectively, the “Resignations”). The Company, on its own behalf and on behalf of its Affiliates, hereby accepts the Resignations as of the Separation Date. For purposes of this Agreement, “Affiliates” means, with respect to any person or entity, all persons and entities directly or indirectly controlling, controlled by or under common control with such person or entity, whether control may be by management authority, equity interest or otherwise.

Resignations. Resignations of the Company’s directors and officers in the form of Exhibit B-11] or Exhibit B-22], executed by the persons requested by Buyer prior to the Closing shall be in full force and effect;

Resignations. Upon termination of Executive’s employment or service for any reason, Executive hereby agrees that Executive also resigns any and all positions with the Company or any of its Affiliates, whether as an officer, director, employee, or agent, in each case effective on the Effective Date of Termination. Executive hereby agrees to execute any and all documentation of such resignations upon request by the Company, but Executive shall be treated for all purposes as having so resigned upon the Effective Date of Termination or termination of service, regardless of when or whether Executive executes any such documentation. For the avoidance of doubt, Executive hereby agrees that the foregoing referenced termination of employment with the Company and resignations from any and all other positions with the Company or any of its Affiliates shall not be predicated or conditioned on Executive receiving the severance set forth in [Section 4.2] or the Executive’s execution and non-revocation of the Non-Competition and Release Agreement in compliance with [Section 4.5] of this Agreement.

Resignations. Upon termination of Executive’s employment hereunder for any reason, Executive shall be deemed to have resigned from all positions that Executive holds as an officer or member of the board of directors (or a committee thereof) of the Bank or any of its affiliates.

Resignations. To the extent requested by Buyer, resignations (effective as of the Closing Date) of all of those directors of the Company and its Subsidiaries specified by Buyer in their capacity as such (in each case, in a form reasonably satisfactory to Buyer, stating the Closing of the Transaction and ensuing change of control of the Company as the reason therefor);

Resignations. Upon any termination of Employee’s employment, Employee will immediately resign from # all officer or other positions of the Company and its Affiliates and # all fiduciary positions (including as trustee) Employee then holds with respect to any pension plans or trusts established by the Company.

Resignations. Upon any termination of Executive’s employment hereunder for any reason:

Resignations. Upon request by the Company, you will deliver to the Company a resignation from all offices, directorships and fiduciary positions with the Company, its

Resignations. Upon any termination of Executive’s employment hereunder for any reason:

Resignations. Upon termination of Employee’s employment for any reason, Employee will be deemed to have resigned from all offices and directorships, if any, then held with [[Verso:Organization]] or any of its affiliates, and, at [[Verso:Organization]]’s request, Employee will execute such documents as are necessary or desirable to effectuate such resignations.

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