Common use of Board/Committee Resignation Clause in Contracts

Board/Committee Resignation. Executive’s termination of employment for any reason, shall constitute, as of the date of such termination and to the extent applicable, a resignation as an officer of the Company and a resignation from the Board (and any committees thereof) and the Board of Directors (and any committees thereof) of any of the Company’s affiliates and from the board of directors or similar governing body of any corporation, limited liability company 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.

Appears in 7 contracts

Samples: Management Compensation Agreement (Pinnacle Airlines Corp), Management Compensation Agreement (Northwest Airlines Corp), Management Compensation Agreement (Northwest Airlines Corp)

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Board/Committee Resignation. Executive’s 's termination of employment for any reason, shall constitute, as of the date of such termination and to the extent applicable, a resignation as an officer of the Company and a resignation from the Board (and any committees thereof) and the Board of Directors (and any committees thereof) of any of the Company’s 's affiliates and from the board of directors or similar governing body of any corporation, limited liability company 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 's or such affiliate’s 's designee or other representative.

Appears in 5 contracts

Samples: Management Compensation Agreement (Northwest Airlines Corp), Management Compensation Agreement (Northwest Airlines Corp), Management Compensation Agreement (Northwest Airlines Corp)

Board/Committee Resignation. Executive’s 's termination of employment or Separation From Service, for any reason, shall constitute, as of the date of such termination and to the extent applicable, a resignation as an officer of the Company and a resignation from the Board (and any committees thereof) and the Board of Directors (and any committees thereof) of any of the Company’s affiliates 's Affiliates and from the board of directors or similar governing body of any corporation, limited liability company or other 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 's or such affiliate’s Affiliate's designee or other representative.

Appears in 3 contracts

Samples: Management Compensation Agreement (Pinnacle Airlines Corp), Management Compensation Agreement (Pinnacle Airlines Corp), Management Compensation Agreement (Pinnacle Airlines Corp)

Board/Committee Resignation. Executive’s 's termination of employment for any reason, shall constitute, as of the date of such termination and to the extent applicable, a resignation as an officer of the Company and a resignation from the Board (and any committees thereof) and the Board of Directors (and any committees thereof) of any of the Company’s 's affiliates and from the board of directors or similar governing body of any corporation, limited liability company 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 's or such affiliate’s 's designee or other representative.

Appears in 3 contracts

Samples: Management Compensation Agreement (Pinnacle Airlines Corp), Management Compensation Agreement (Pinnacle Airlines Corp), Management Compensation Agreement (Pinnacle Airlines Corp)

Board/Committee Resignation. Executive’s termination of employment for any reason, shall constitute, as of the date Date of such termination Termination and to the extent applicable, a resignation as an officer of the Company and a resignation from the Board (and any committees thereof) and the Board board of Directors directors (and any committees thereof) of any of the Company’s affiliates and from the board of directors or similar governing body of any corporation, limited liability company 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.

Appears in 2 contracts

Samples: Management Compensation Agreement (Northwest Airlines Corp), Management Compensation Agreement (Northwest Airlines Corp)

Board/Committee Resignation. Executive’s 's termination of employment or Separation From Service for any reason, shall constitute, as of the date of such termination and to the extent applicable, a resignation as an officer of the Company and a resignation from the Board (and any committees thereof) and the Board of Directors (and any committees thereof) of any of the Company’s 's affiliates and from the board of directors or similar governing body of any corporation, limited liability company 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 's or such affiliate’s 's designee or other representative.

Appears in 2 contracts

Samples: Management Compensation Agreement (Freds Inc), Management Compensation Agreement (Pinnacle Airlines Corp)

Board/Committee Resignation. Executive’s 's termination of employment or separation From Service, for any reason, shall constitute, as of the date of such termination and to the extent applicable, a resignation as an officer of the Company and a resignation from the Board (and any committees thereof) and the Board of Directors (and any committees thereof) of any of the Company’s 's affiliates and from the board of directors or similar governing body of any corporation, limited liability company 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 's or such affiliate’s 's designee or other representative.

Appears in 2 contracts

Samples: Management Compensation Agreement (Pinnacle Airlines Corp), Management Compensation Agreement (Pinnacle Airlines Corp)

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Board/Committee Resignation. Executive’s 's termination of employment or Separation From Service for any reason, shall constitute, as of the date of such termination and to the extent applicable, a resignation as an officer of the Company and a resignation from the Board (and any committees thereof) and the Board of Directors (and any committees thereof) of any of the Company’s 's affiliates and from the board of directors or similar governing body of any corporation, limited liability company 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 's or such affiliate’s 's designee or other representative. Provided however, the Board of the Company, may elect in its sole discretion not to accept the resignation and continue to allow Executive to serve on the Board of Directors, or in another such office.

Appears in 2 contracts

Samples: Management Compensation Agreement, Management Compensation Agreement (Freds Inc)

Board/Committee Resignation. Executive’s 's termination of employment or Separation from Service for any reason, shall constitute, as of the date of such termination and to the extent applicable, a resignation as an officer of the Company and a resignation from the Board (and any committees thereof) and the Board of Directors (and any committees thereof) of any of the Company’s 's affiliates and from the board of directors or similar governing body of any corporation, limited liability company 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 's or such affiliate’s 's designee or other representative.

Appears in 1 contract

Samples: Management Compensation Agreement (Pinnacle Airlines Corp)

Board/Committee Resignation. Executive’s termination of employment for any reason, shall constitute, as of the date of such termination and to the extent applicable, a resignation as an officer of the Company and a resignation from the Board (and any committees thereof) and the Board board of Directors directors (and any committees thereof) of any of the Company’s affiliates and from the board of directors or similar governing body of any corporation, limited liability company 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.

Appears in 1 contract

Samples: Management Compensation Agreement (Northwest Airlines Corp)

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