Common use of 4Deemed Resignations Clause in Contracts

4Deemed Resignations. Unless otherwise agreed to in writing by the Company and Executive prior to the termination of Executive’s employment, any termination of Executive’s employment shall constitute (a) an automatic resignation of Executive as an officer of the Company and each affiliate of the Company and (b) an automatic resignation of Executive from the Board (if applicable), from the board of directors of any affiliate of the Company and from the board of directors or similar governing body of any corporation, limited liability entity or other entity in which the Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as the Company’s or such affiliate’s designee or other representative.

4Deemed Resignations. Unless otherwise agreed to in writing by the Company and Executive prior to the termination of Executive’s employment, any termination of Executive’s employment shall constitute (a) an automatic resignation of Executive as an officer of the Company and each affiliate of the Company Company, and (b) an automatic resignation of Executive from the Board (if applicable), ) and from the board of directors of the Company and any affiliate of the Company and from the board of directors or similar governing body of any corporation, limited liability entity or other entity in which the Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as the Company’s or such affiliate’s designee or other representative.

4Deemed Resignations. Unless otherwise agreed to in writing by the Company and Executive prior to the termination of Executive’s employment, any termination of Executive’s employment shall constitute (a) an automatic resignation of Executive as an officer of the Company and each affiliate Affiliate of the Company (including the Parent Company), and (b) an automatic resignation of Executive from the Board (if applicable), ) and from the board of directors of the Company and any affiliate Affiliate of the Company and from the board of directors or similar governing body of any corporation, limited liability entity or other entity Entity in which the Company or any affiliate Affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as the Company’s or such affiliateAffiliate’s designee or other representativerepresentative which, in each case, is effective as at the Date of Termination.