Board Membership. Executive shall serve as a member of the Board, during Executive’s employment hereunder, subject to any required approval. Executive’s service as a Board member shall be without further compensation. Executive shall resign from the Board effective immediately upon the termination of Executive’s employment with Company for any reason.
Appears in 3 contracts
Sources: Executive Employment Agreement (Pulmatrix, Inc.), Executive Employment Agreement (Akari Therapeutics PLC), Executive Employment Agreement (Ruthigen, Inc.)
Board Membership. Unless otherwise determined by the Board, upon Executive’s termination of employment, Executive shall serve be deemed to have resigned as a member of the Board, during Board effective as of the date of Executive’s employment hereundertermination, subject to without any required approval. Executive’s service as a Board member shall be without further compensationaction by Executive or any other party. Executive shall resign cooperate with any reasonable documentation requested by Company to effectuate or report such resignation from the Board effective immediately upon the termination of Executive’s employment with Company for any reasonBoard.
Appears in 2 contracts
Sources: Executive Employment Agreement (Superior Industries International Inc), Executive Employment Agreement (Superior Industries International Inc)
Board Membership. Upon commencement of employment as an Executive, and while Executive shall serve remains an employee in good standing, the Company will recommend that Executive be elected as a member of the Board, during Executive’s employment hereunder, subject to any required approval. Executive’s service as a Board member shall be without further compensationof Directors with no additional compensation therefore. Executive shall will resign from the Board effective immediately upon the termination of Executive’s employment with Company for any reasonemployment.
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Board Membership. During the Employment Term, Executive shall will serve as a member of the Board, during Executive’s employment hereunder, subject to any required stockholder approval. Executive’s service as a Board member shall be without further compensation. Executive shall resign from the Board effective immediately upon the Upon termination of Executive’s employment with Company for any reason, Executive will be deemed to have resigned from the Board voluntarily, unless the Board requests otherwise in writing.
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Board Membership. During the Employment Term, Executive shall will serve as a member and Executive Chairman of the Board, during Executive’s employment hereunder, subject to any required Board and/or stockholder approval. Executive’s service as a Board member shall be without further compensation. Upon termination of the Employment Term, Executive shall will resign from the Board effective immediately upon the termination of Executive’s employment with Company for any reasonBoard.
Appears in 1 contract
Sources: Employment Agreement (Pacific Biosciences of California Inc)
Board Membership. Executive shall serve as a member of the Board, Board during Executive’s employment hereunder, subject to any required approval. Executive’s service as a Board member shall be without further compensation. Executive shall resign from the Board effective immediately upon the termination of Executive’s employment with Company for any reason.
Appears in 1 contract
Sources: Executive Employment Agreement (Interleukin Genetics Inc)
Board Membership. Executive shall serve as a member of the Board, Board during Executive’s employment hereunder, subject to any required approval. Executive’s service as a Board member shall be without further compensation. Executive shall resign from the Board effective immediately upon the termination of Executive’s employment with Company for any reason.
Appears in 1 contract
Sources: Executive Employment Agreement (Synta Pharmaceuticals Corp)
Board Membership. Executive shall currently serve as a member of the Board, Board and shall continue to so during Executive’s employment hereunder, subject to any required approval. Executive’s service as a Board member shall be without further compensationcompensation upon the listing of the Company’s common stock on national exchange. Executive shall resign from receive standard compensation (as other non-executive board members the Company) for serving on the Board effective immediately upon the termination of Executive’s employment with Company for any reason.
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Board Membership. During the Employment Term, Executive shall will serve as a member and Chairman of the Board, during Executive’s employment hereunder, subject to any required Board and/or stockholder approval. Executive’s service as a Board member shall be without further compensation. Upon termination of the Employment Term, Executive shall will resign from the Board effective immediately upon the termination of Executive’s employment with Company for any reasonBoard.
Appears in 1 contract
Sources: Employment Agreement (Pacific Biosciences of California Inc)
Board Membership. The Executive shall serve as a member of the Board, Board during Executive’s employment hereunderunder this Agreement, subject to any required approvalapproval of the Company’s shareholders. Executive’s service as a Board member shall be without further compensation. The Executive shall resign from the Board effective immediately upon the termination of the Executive’s employment with the Company for any reason.
Appears in 1 contract