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Common use of Resignation from the Board Clause in Contracts

Resignation from the Board. Effective as of the Closing, the directors of the Company who are also directors of the Foundation shall have resigned from the Board.

Appears in 3 contracts

Sources: Share Purchase Agreement (Benaroya Raphael), Share Purchase Agreement (Russell Berrie Foundation), Share Purchase Agreement (Prentice Capital Management, LP)

Related Clauses

  • Resignation from Positions
  • Resignation from All Positions
  • Resignation from the Company without Good Reason
  • Resignation of Directors
  • Resignation of NCPS

Parent Clauses

  • Termination
  • Effect of Termination of Employment
  • General Provisions Applicable to Post Termination
  • Conditions to Closing
  • Buyer Conditions

Sub-Clauses

  • Waivers
  • Attorney Fees
  • Successors and Assigns
  • Venue and Jurisdiction/Controlling Law
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