Service on Board of Directors Sample Clauses
Service on Board of Directors. Executive agrees to serve, if requested, on the Board of Directors, or any committees, of the Bank during the term of this Agreement.
Service on Board of Directors. Employee shall, subject to earlier removal by the shareholders, serve on the Board of Directors of Employer and Sonus Communication Holdings, Inc. until the third anniversary of this Agreement, without additional compensation except for reimbursement of reasonable expenses associated with such service. Removal from the Board of Directors by shareholders prior to the third anniversary of this agreement shall not give rise to any claim or other liability of or against Employer under this Agreement.
Service on Board of Directors. The parties do not presently contemplate that Executive shall serve on the Board of the Company. However, if the Board determines otherwise during the term of this Agreement, Executive shall serve, if and when elected, and re-elected, as a member of the Board of Company or of any of its subsidiaries, affiliates or divisions, and as an officer of any subsidiary, affiliate or division, if elected. When this Agreement terminates, Executive will, if requested by the Board of Company, tender his resignation from any and all such Board positions.
Service on Board of Directors. Executive shall serve on Company's Board of Directors during the Employment Term, and whenever during the Employment Term, Executive's term on Company's Board of Directors is due to expire, Company shall include Executive as a nominee for reelection in Company's Proxy Statement for the annual meeting of stockholders for the year in which such expiration is to occur.
Service on Board of Directors. For as long as Executive is an employee of the Company, Executive shall receive no additional compensation for serving as a member of the Company’s Board of Directors if elected, or as its Secretary.
Service on Board of Directors. During the Employment Period, Executive shall serve as a member of the Board.
Service on Board of Directors. The Company shall take all efforts reasonably within its control to cause Consultant to remain a member of the Board until the annual meeting of shareholders of the Company held in 2009, subject to any actions taken or not taken by any person in respect of compliance with any applicable fiduciary duties.
Service on Board of Directors. Subject to shareholder approval, you will serve as a Director on the Company's Board at least through the end of the Consulting Period.
Service on Board of Directors. Executive agrees that upon any termination of employment by the Company or resignation by Executive, Executive agrees to submit written notice of resignation as a member of the Board, if applicable, effective as of the date on which Executive no longer serves as Chief Executive Officer of the Company.
Service on Board of Directors. The parties agree that Employee will continue to serve on the Company's Board of Directors, but has resigned his position on the Company's Audit Committee effective June 18, 2006. Employee acknowledges that he will lose his status as an independent director by virtue of this Agreement, and that he will therefore be ineligible to serve on the Audit Committee.