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Resignations
Resignations contract clause examples
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Section # Resignations and Removals of Directors 23

Section # Resignations. The Seller shall deliver to the Purchaser written resignations, effective as of the Closing Date, of all of the officers and directors of QSHI at least three (3) Business Days prior to the Closing Date.

the resignations and releases of the directors and officers of the Corporation contemplated by [Section 5.1(f)];

Board Composition. At the Closing, Eli Yoresh, Tali Dinar, Yaki Baranes and Amitai Weiss, shall be appointed to fill vacancies on the Board of Directors of FDOC. In addition, at the Closing, the current directors of FDOC shall deliver their resignations effective the day following the Closing Date and current officers of FDOC shall deliver their resignations effective as of the Closing.

resignations effective immediately upon Closing of the directors and officers of Parent in their capacities as directors and/or officers, as requested by Seller; and

Resignations or terminations of all of the officers, directors and managers of the [[Seller:Organization]] from their officer, director or manager capacities, as applicable, effective as of the Closing Date;

Director and Officer Appointments. As of the Closing Date, YourSpace shall have received evidence showing that on or prior to the Closing Date, the current board of directors of the Company has adopted resolutions appointing the persons identified and accepting the resignations of the persons identified on Annex B hereto from the board of directors of the Company, which appointments and resignations will be effective on the later of # the Closing Date, or # a later date agreed to by the Company and YourSpace, following a mutually agreed upon transition period.

resignations of the directors and officers of QSHI and appointment of the new officers and directors, such appointments to be made at the direction of the Purchaser, effective as of the Closing Date;

written resignations, effective as of the Closing Date, of # all directors of the Company and its Subsidiaries, # all officers of the Company, and # all officers of the Company's Subsidiaries who are not employees thereof.

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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