Common use of Effect of Termination on Other Positions Clause in Contracts

Effect of Termination on Other Positions. Upon any termination under this Section 4, the Executive shall be deemed to have resigned from all positions he then holds with the Company and any of its subsidiaries, and the Executive agrees to execute such documents and take such other actions as the Company may request to reflect such resignation.

Appears in 2 contracts

Samples: Employment Agreement (FBR & Co.), Employment Agreement (FBR & Co.)

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Effect of Termination on Other Positions. Upon any termination under this Section 45.1, the Executive shall be deemed to have resigned resign from all positions he then holds with the Company and any of its subsidiaries, and the Executive agrees to execute such documents and take such other actions as the Company may request to reflect such resignation.

Appears in 2 contracts

Samples: Employment Agreement (FBR & Co.), Employment Agreement (FBR & Co.)

Effect of Termination on Other Positions. Upon any termination under this Section 45.2, the Executive shall be deemed to have resigned resign from all positions he then holds with the Company and any of its subsidiaries, and the Executive agrees to execute such documents and take such other actions as the Company may request to reflect such resignation.

Appears in 2 contracts

Samples: Employment Agreement (FBR & Co.), Employment Agreement (FBR & Co.)

Effect of Termination on Other Positions. Upon any termination under this Section 46.1, the Executive shall be deemed to have resigned resign from all positions he then holds with Parent, the Company and any of its their respective subsidiaries, and the Executive agrees to execute such documents and take such other actions as the Company may request to reflect such resignation.

Appears in 1 contract

Samples: Employment Agreement (B. Riley Financial, Inc.)

Effect of Termination on Other Positions. Upon any termination under this Section 4, the Executive shall be deemed to have resigned from all positions he then holds with the Company and any of its subsidiariesaffiliates, including but not limited to the Board of Directors, and the Executive agrees to execute such documents and take such other actions as the Company may request to reflect such resignation.

Appears in 1 contract

Samples: Employment Agreement (B. Riley Financial, Inc.)

Effect of Termination on Other Positions. Upon The Executive agrees that, upon any termination under this Section 45.1, the Executive shall he will be deemed to have resigned resign from all positions he then holds with the Company and any of its subsidiariesaffiliates, including but not limited to the Board of Directors, and the Executive agrees to execute such documents and take such other actions as the Company may request to reflect such resignation.

Appears in 1 contract

Samples: Employment Agreement (B. Riley Financial, Inc.)

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Effect of Termination on Other Positions. Upon any termination under this Section 45, the Executive shall be deemed to have resigned from all positions he then holds with the Company and any of its subsidiaries, and the Executive agrees to execute such documents and take such other actions as the Company may request to reflect such resignation.

Appears in 1 contract

Samples: Employment Agreement (B. Riley Financial, Inc.)

Effect of Termination on Other Positions. Upon The Executive agrees that, upon any termination under this Section 45.2 or otherwise, the Executive shall he will be deemed to have resigned resign from all positions he then holds with the Company and any of its subsidiariesaffiliates, including but not limited to the Board of Directors, and the Executive agrees to execute such documents and take such other actions as the Company may request to reflect such resignation.

Appears in 1 contract

Samples: Employment Agreement (B. Riley Financial, Inc.)

Effect of Termination on Other Positions. Upon any termination under this Section 46.2, the Executive shall be deemed to have resigned resign from all positions he then holds with Parent, the Company and any of its their respective subsidiaries, and the Executive agrees to execute such documents and take such other actions as the Company may request to reflect such resignation.

Appears in 1 contract

Samples: Employment Agreement (B. Riley Financial, Inc.)

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