Common use of Deemed Resignations Clause in Contracts

Deemed Resignations. Unless otherwise agreed to in writing by the Company and Employee prior to termination of Employee’s employment, any termination of Employee’s employment shall constitute an automatic resignation of Employee from all positions he then holds as an employee, officer, director, manager or other service provider of the Company and each Affiliate of the Company.

Appears in 21 contracts

Samples: Employment Agreement (Oasis Petroleum Inc.), Employment Agreement (Oasis Petroleum Inc.), Employment Agreement (Oasis Petroleum Inc.)

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Deemed Resignations. Unless otherwise agreed to in writing by the Company and Employee prior to termination of Employee’s employmentemployment hereunder, any termination of Employee’s employment shall constitute an automatic immediate resignation of Employee from all positions he then holds as an employee, officer, director, manager or other service provider of the Company and each Affiliate of the CompanySubsidiary.

Appears in 11 contracts

Samples: Employment Agreement (Resolute Energy Corp), Employment Agreement (Resolute Energy Corp), Employment Agreement (Resolute Energy Corp)

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Deemed Resignations. Unless otherwise agreed to in writing by the Company and Employee prior to termination of Employee’s employment, any Any termination of Employee’s employment shall constitute an automatic resignation of Employee from all positions he then holds as an employee, officer, director, manager or other service provider officer of the Company and each Affiliate affiliate of Company, and an automatic resignation of Employee from the board of directors of Company and from the board of directors of any affiliate of Company and from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Employee serves as Company’s or such affiliate’s designee or other representative.

Appears in 5 contracts

Samples: Employment Agreement (Expressjet Holdings Inc), Employment Agreement (Expressjet Holdings Inc), Employment Agreement (Expressjet Holdings Inc)

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