Common use of Board Seat Clause in Contracts

Board Seat. Upon termination of Executive’s employment by either party for any reason, Executive will resign his position on the Board and any other positions he may hold with or for the benefit of the Company and/or its affiliates, including, but not limited to, as an officer and/or director of any Company subsidiaries.

Appears in 3 contracts

Samples: Employment and Noncompetition Agreement (Blackbaud Inc), Employment and Noncompetition Agreement (Blackbaud Inc), Employment and Noncompetition Agreement (Blackbaud Inc)

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Board Seat. Upon Unless otherwise requested by the Board to remain on the Company’s Board, upon termination of Executive’s employment by either party for any reason, Executive will resign his position on the Board and any other positions he may hold with or for the benefit of the Company and/or its affiliates, including, but not limited to, as an officer and/or director of any Company subsidiaries.

Appears in 2 contracts

Samples: Employment and Noncompetition Agreement (Blackbaud Inc), Employment and Noncompetition Agreement (Blackbaud Inc)

Board Seat. Upon termination of Executive’s employment by either party for any reason, Executive will resign his position on the Board and any other positions he may hold with or for the benefit of the Company and/or its affiliates, including, but not limited to, as an officer and/or director of any Company subsidiaries.

Appears in 1 contract

Samples: Employment and Noncompetition Agreement (Blackbaud Inc)

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Board Seat. Upon the termination of the Executive’s employment by either party for any reason, if the Executive will resign his position serves on the Board and any other positions he may hold with or for the benefit of the Company and/or its affiliatesor any “Affiliate” (as defined below), including, but not limited to, or holds a position as an officer and/or director or committee member of the Company or any Company subsidiariesAffiliate, at the time of such termination, the Executive shall promptly resign from all such positions by delivery of written notice to such effect.

Appears in 1 contract

Samples: Employment Agreement (Bombay Company Inc)

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