Common use of Board Membership Clause in Contracts

Board Membership. Upon termination of Executive’s employment for any reason, if so requested by a majority of the Board, Executive shall immediately resign in writing as a director of the Company.

Board Membership. Upon the termination of Executive’s 's employment for any reason, if so requested Executive will be deemed to have resigned from any seat on the Board (and from any seats on the boards, and from any offices, of subsidiaries) held at such time, voluntarily, without any further required action by a majority the Executive, as of the Board, Executive shall immediately resign in writing as a director end of the CompanyEmployment Term. Executive, at the Board's request, will execute any documents necessary to reflect his resignation.

Board Membership. Upon termination of Executive’s employment for any reason, if so requested by In the event that the Executive is a majority member of the Board, on the effective date of the termination of the Executive’s employment, the Executive shall immediately resign in writing as a director from the Board. In the event that the Executive refuses to so resign, he shall be automatically removed from the Board without the necessity of formal Board action and he shall forfeit any and all right to the Companybenefits provided by this Agreement.

Board Membership. Upon Upon: (i) termination of Executive’s employment for any reasonreason,(ii) the removal of the Executive from the Board by a majority vote of the shareholder, or (iii) Executives failure to be re-elected to the Board at a meeting of shareholder, if so requested by a majority of the Board, Executive shall immediately resign in writing as a director of the Company.

Board Membership. Upon termination of Executive’s employment for any reason, if so requested by the Chairman of the Board or a majority of the Board, Executive shall immediately resign in writing as a director of the Company.