Section # Resignations. At the Purchaser’s request, the Seller shall cause the Manager of the Transferred Entity, as of immediately prior to the closing of the sale of the French Business, to deliver to the Purchaser his or her resignation as the Manager of the Transferred Entity, effective at the time of the closing of the sale of the French Business.
Upon the termination of his employment hereunder, the CEO shall forthwith resign from his directorships of any members of the Group of which he is for the time being a director. The Company is accordingly irrevocably authorised to appoint some person in his name and on his behalf to execute all documents and to do all things requisite to give effect to such resignations.
Resignation of Offices Upon Termination. Upon termination of Executive’s employment for any reason, Executive agrees that Executive will be deemed to resign from all offices and positions Executive holds with the Group (including, without limitation, on the board of directors or board of manager of any member of the Group); and further agrees that Executive shall execute such documents as shall be reasonably necessary to give effect to such resignations.
Puget and Qest shall file all reports required to remove [[Mr. Burckhardt:Person]] as an officer and director of Qest and Puget with the authorities responsible for the maintenance of corporate records in the States of Nevada, Colorado and Florida and shall file this Agreement and a copy of [[Mr. Burckhardt:Person]]’s resignation as an officer and director of Puget with the Commission in a current report on Form 8-K within four business days following receipt of such resignations.
Executive hereby resigns from any and all officer positions with the Company and its subsidiaries, including from his position as Group President of the Company, effective as of the Retirement Date. For the avoidance of doubt, Executive is not resigning as (and shall remain) a member of the Board of Directors of the Company. Executive agrees to promptly sign all appropriate documentation, if any, prepared by the Company to facilitate the resignations contemplated by this Section 2.
The Employee covenants and agrees that as of the Date of Termination, the Employee will be deemed to have resigned as an officer and/or director of the Corporation and each of its Subsidiaries and Affiliates unless otherwise agreed between the Corporation and the Employee, and the Employee shall deliver appropriate resignations from all offices and positions with the Corporation and any Affiliates and Subsidiaries of the Corporation if, as, and when requested by the Corporation.
If you remain employed by the Company through the Resignation Date, you hereby voluntarily resign from all other positions with the Company and its affiliates as of and effective on such Resignation Date. You agree to execute such documents and take such other actions as the Company may request to reflect such resignations as of and effective on such Resignation Date. The Company agrees to provide you an opportunity to review and consult with you on any internal and external communications relating to your resignation prior to their first use.
SECTION # Closing. The closing of the Acquisition (the "Closing") will take place upon completion of the transfer of Shares and the payment set forth in [Section 1.1(b)(i)] which shall be no later than May 15, 2017 unless another time or date is agreed to in writing by the parties hereto. For the purposes of this provision, email correspondence shall be considered a “writing” if the content of such email is agreed to be each Party. At closing Cafesa shall provide the resignations of its officers and directors and shall appoint [[Organization A:Organization]] as President and director and [[Person A:Person]] and Steven Polisar as directors.
Resignation from Official Positions. If your employment with the Company terminates for any reason, you shall be deemed to have resigned at that time from any and all officer or director positions that you may have held with the Company and all board seats or other positions in other entities to which you have been designated by the Company or which you have held on behalf of the Company. If, for any reason, this paragraph 17(b) is deemed insufficient to effectuate such resignation, you hereby authorize the Secretary and any Assistant Secretary of the Company to execute any documents or instruments which the Company may deem necessary or desirable to effectuate such resignation or resignations, and to act as your attorney-in fact.
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