Board Membership. Upon termination of Executive’s employment for any reason, if so requested by a majority of the Board, Executive shall immediately resign in writing as a director of the Company.
Appears in 5 contracts
Sources: Employment Agreement (Dionne Craig A), Employment Agreement (Genspera Inc), Employment Agreement (Genspera Inc)
Board Membership. Upon the termination of Executive’s 's employment for any reason, if so requested Executive will be deemed to have resigned from any seat on the Board (and from any seats on the boards, and from any offices, of subsidiaries) held at such time, voluntarily, without any further required action by a majority the Executive, as of the Board, Executive shall immediately resign in writing as a director end of the CompanyEmployment Term. Executive, at the Board's request, will execute any documents necessary to reflect his resignation.
Appears in 4 contracts
Sources: Employment Agreement (Albany International Corp /De/), Employment Agreement (Albany International Corp /De/), General Release and Separation Agreement (Albany International Corp /De/)
Board Membership. Upon Upon: (i) termination of Executive’s employment for any reasonreason,(ii) the removal of the Executive from the Board by a majority vote of the shareholder, or (iii) Executives failure to be re-elected to the Board at a meeting of shareholder, if so requested by a majority of the Board, Executive shall immediately resign in writing as a director of the Company.
Appears in 2 contracts
Sources: Employment Agreement (Social Reality), Employment Agreement (Social Reality)
Board Membership. Upon the termination of Executive’s employment for any reason, if so requested Executive will be deemed to have resigned from the Board (and any boards of subsidiaries) voluntarily, without any further required action by a majority the Executive, as of the Board, Executive shall immediately resign in writing as a director end of the CompanyExecutive’s employment, and Executive, at the Board’s request, will execute any documents necessary to reflect her resignation.
Appears in 2 contracts
Sources: Employment Agreement (Vmware, Inc.), Employment Agreement (Vmware, Inc.)
Board Membership. Upon termination of Executive’s employment for any reason, if so requested by the Chairman of the Board or a majority of the Board, Executive shall immediately resign in writing as a director of the Company.
Appears in 1 contract
Sources: Employment Agreement (Oxigene Inc)