Common use of Deemed Resignation Clause in Contracts

Deemed Resignation. Unless otherwise agreed to in writing by the Company and the Executive prior to the termination of the Executive’s employment, any termination of the Executive’s employment shall constitute an automatic resignation of the Executive as an officer of the Company and each affiliate of the Company, and an automatic resignation of the Executive from the board of directors or similar governing body of the Company or any affiliate of the Company 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 the Executive serves as the Company’s or such affiliate’s designee or other representative.

Appears in 11 contracts

Samples: Employment Agreement (SUNSHINE SILVER MINES Corp), Employment Agreement (Sunshine Silver Mining & Refining Corp), Employment Agreement (Sunshine Silver Mining & Refining Corp)

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Deemed Resignation. Unless otherwise agreed to in writing by the Company and the Executive prior to the termination of the Executive’s employment, any termination of If the Executive’s employment is terminated for any reason, then such termination shall constitute an automatic resignation of the Executive as an officer of the Company and each affiliate of the Company, and and, if applicable, an automatic resignation of the Executive from the Board of Directors of the Company and from the board of directors or similar governing body of the Company or any affiliate of the Company 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 of its affiliates holds an equity interest and with respect to which board or similar governing body the Executive serves as the Company’s or such affiliate’s designee or other representative.

Appears in 7 contracts

Samples: Employment Agreement (Global Partners Lp), Employment Agreement (Global Partners Lp), Employment Agreement (Global Partners Lp)

Deemed Resignation. Unless otherwise agreed to in writing by the Company and the Executive prior to the Any termination of the Executive’s employment, any termination of the Executive’s employment with the Company shall constitute an automatic resignation of the Executive as an officer of the Company and each affiliate of the Company. In addition, Executive agrees to resign, effective as of the date of conclusion of his employment for any reason, from his membership on the Board (if applicable), and an automatic resignation of the Executive from the board of directors or similar governing body of the Company or any affiliate of the Company Company, and from the board of directors or similar governing body of any corporation, limited liability company 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 the Executive serves as the Company’s or such affiliate’s designee or other representative.

Appears in 4 contracts

Samples: Employment Agreement (Blockbuster Inc), Employment Agreement (Energy Partners LTD), Employment Agreement (Blockbuster Inc)

Deemed Resignation. Unless otherwise agreed to in writing by the Company and the Executive prior to the Any termination of the Executive’s employment, any termination of the Executive’s employment shall constitute an automatic resignation of the Executive from all other positions as an officer employee, officer, director, manager, or other service provider of the Company and each affiliate Affiliate of the Company, and an automatic resignation of Executive from the Executive Board (if applicable and unless otherwise agreed in writing) and from the board of directors or similar governing body of the Company or and any affiliate of the Company Affiliate and from the board of directors or similar governing body of any corporation, limited liability company 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 the Executive serves as the Company’s or such affiliateAffiliate’s designee or other representative, and as a trustee, fiduciary, committee member or service provider in any other capacity with respect to the Company’s and its Affiliates’ employee benefit plans, programs, policies and arrangements.

Appears in 3 contracts

Samples: Employment Agreement (GeoMet, Inc.), Employment Agreement (GeoMet, Inc.), Employment Agreement (GeoMet, Inc.)

Deemed Resignation. Unless otherwise agreed to in writing by the Company and the Executive prior to the termination of the Executive’s 's employment, any termination of the Executive’s 's employment shall constitute an automatic resignation of the Executive as an officer of the Company Companies and each affiliate of the CompanyCompanies, and an automatic resignation of the Executive from the board of directors or similar governing body of the Company or any affiliate of the Company 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 the Executive serves as the Company’s 's or such affiliate’s 's designee or other representative.

Appears in 2 contracts

Samples: Executive Employment (Gatos Silver, Inc.), Executive Employment Agreement (Gatos Silver, Inc.)

Deemed Resignation. Unless otherwise agreed to in writing by the Company and the Executive prior to the termination of the Executive’s employment, any termination of If the Executive’s employment is terminated pursuant to (c) above, then such termination shall constitute an automatic resignation of the Executive as an officer of the Company and each affiliate subsidiary of the Company, and an automatic resignation of the Executive from the Board of Directors of the Company and from the board of directors or similar governing body of the Company or any affiliate subsidiary of the Company 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 subsidiary holds an equity interest and with respect to which board or similar governing body the Executive serves as the Company’s or such affiliatesubsidiary’s designee or other representative.

Appears in 1 contract

Samples: Employment Agreement (Global Partners LP)

Deemed Resignation. Unless otherwise agreed to in writing by the Company and the Executive prior to the termination of If the Executive’s employment's employment is terminated pursuant to (c) above, any then such termination of the Executive’s employment shall constitute an automatic resignation of the Executive as an officer of the Company and each affiliate subsidiary of the Company, and an automatic resignation of the Executive from the Board of Directors of the Company and from the board of directors or similar governing body of the Company or any affiliate subsidiary of the Company 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 subsidiary holds an equity interest and with respect to which board or similar governing body the Executive serves as the Company’s 's or such affiliate’s subsidiary's designee or other representative.

Appears in 1 contract

Samples: Employment Agreement (Global Partners LP)

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Deemed Resignation. Unless otherwise agreed to in writing by the Company and the Executive prior to the termination of the Executive’s employment, any termination of the Executive’s employment shall constitute an automatic resignation of the Executive as an officer of the Company and each affiliate of the Company, and an automatic resignation of the Executive from the board of directors or similar governing body of the Company or any affiliate of the Company 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 the Executive serves as the Company’s or such affiliate’s designee or other representative.. ​

Appears in 1 contract

Samples: Employment Agreement (Gatos Silver, Inc.)

Deemed Resignation. Unless otherwise agreed to in writing by the Company and the Executive prior to the termination of the Executive’s 's employment, any termination of the Executive’s 's employment shall constitute an automatic resignation of the Executive as an officer of the Company and each affiliate of the Company, and an automatic resignation of the Executive from the board of directors or similar governing body of the Company or any affiliate of the Company 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 the Executive serves as the Company’s 's or such affiliate’s 's designee or other representative.. ​

Appears in 1 contract

Samples: Employment Agreement (Gatos Silver, Inc.)

Deemed Resignation. Unless otherwise agreed to in writing by the Company and the Executive prior to the termination of the Executive’s employment, any termination of the Executive’s employment shall constitute an automatic resignation of the Executive as an officer of the Company and each affiliate of the Company, and an automatic resignation of the Executive from the board of directors or similar governing body of the Company or any affiliate of the Company 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 the Executive serves as the Company’s or such affiliate’s designee or other representative.

Appears in 1 contract

Samples: Employment Agreement (Lightning eMotors, Inc.)

Deemed Resignation. Unless otherwise agreed to in writing by the Company and the Executive prior to the termination of the Executive’s employment, any termination of the Executive’s employment shall constitute an automatic resignation of the Executive as an officer of the Company Companies and each affiliate of the CompanyCompanies, and an automatic resignation of the Executive from the board of directors or similar governing body of the Company or any affiliate of the Company 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 the Executive serves as the Company’s or such affiliate’s designee or other representative.. ​

Appears in 1 contract

Samples: Executive Employment Agreement (Gatos Silver, Inc.)

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