Resignation from Board. If [Executive/Employee] is a member of the Board as of the Qualifying Termination, [Executive/Employee] will not be eligible for the Severance Benefits unless he or she promptly resigns from the Board if requested to do so by a majority of the Board.
Appears in 2 contracts
Sources: Change of Control Severance Benefits Agreement, Change of Control Severance Benefits Agreement (Medivation, Inc.)
Resignation from Board. If [Executive/Employee] Executive is a member of the Board as of the Qualifying Termination, [Executive/Employee] Executive will not be eligible for the Severance Benefits unless he or she promptly resigns from the Board if requested to do so by a majority of the Board.
Appears in 2 contracts
Sources: Severance Benefits Agreement (Medivation, Inc.), Change of Control Severance Benefits Agreement (Medivation, Inc.)
Resignation from Board. If [Executive/Employee] Employee is a member of the Board (and/or any Board of Directors of a Subsidiary) as of the Qualifying Termination, [Executive/Employee] Employee will not be eligible for the Severance Benefits unless he or she promptly resigns from the Board (and/or from the Board of Directors of any Subsidiary, if applicable) if requested to do so by a majority of the Board.
Appears in 1 contract
Sources: Change of Control Severance Benefits Agreement (Medivation, Inc.)