Common use of Resignation from the Board Clause in Contracts

Resignation from the Board. Upon termination of employment for any reason, and as a precondition to Employee’s receipt of the severance benefits set forth in Section 8, Employee shall resign from any and all positions Employee holds with the Board, to be effective no later than the date of Employee’s employment termination (or such other date requested or permitted by the Board).

Resignation from the Board. Upon termination of employment for any reason, and as a precondition to Employee’s receipt of the severance benefits set forth in Section 84(a), Employee shall resign from any and all positions Employee holds with the Board, to be effective no later than the date of Employee’s employment termination (or such other date requested or permitted by the Board).