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

Effect of Termination on Other Positions. If, on the Termination Date, Executive (i) is a member of the Board or any board of directors of one of Sprint’s subsidiaries, (ii) serves on the board of directors of any other corporation by nomination, appointment, or designation by Sprint or any of its subsidiaries, or (iii) holds any other position with Sprint or any of its subsidiaries, Executive shall, unless otherwise agreed to by the Company, be deemed to have resigned from all such positions as of the Termination Date. Executive agrees to execute such documents and take such other actions as the Company may request to reflect such resignations.

Appears in 6 contracts

Samples: Employment Agreement (Sprint Nextel Corp), Employment Agreement (Sprint Corp), Employment Agreement (Sprint Nextel Corp)

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Effect of Termination on Other Positions. If, on the Termination Date, the Executive (i) is a member of the Board of Sprint or any board of directors of one of Sprint’s its subsidiaries, (ii) serves on the board of directors of any other corporation by nomination, appointment, or designation by Sprint or any of its subsidiaries, or (iii) holds any other position with Sprint or any of its subsidiaries, the Executive shall, unless otherwise agreed to by the Company, be deemed to have resigned from all such positions as of the Termination Date. Executive agrees to execute such documents and take such other actions as the Company may request to reflect such resignations.

Appears in 2 contracts

Samples: Executive Agreement (Sprint Corp), Executive Agreement (Sprint Corp)

Effect of Termination on Other Positions. If, on the Termination Date, Executive (i) is a member of the Board or any board of directors of one of Sprintthe Company’s subsidiaries, (ii) serves on the board of directors of any other corporation by nomination, appointment, or designation by Sprint the Company or any of its subsidiaries, or (iii) holds any other position with Sprint the Company or any of its subsidiaries, Executive shall, unless otherwise agreed to by the Company, be deemed to have resigned from all such positions as of the Termination Date. Executive agrees to execute such documents and take such other actions as the Company may request to reflect such resignations.

Appears in 1 contract

Samples: Employment Agreement (Embarq CORP)

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Effect of Termination on Other Positions. If, on the Termination Date, the Executive (i) is a member of the Board of Sprint or any board of directors of one of Sprint’s its subsidiaries, (ii) serves on the board of directors of any other corporation by nomination, appointment, or designation by Sprint or any of its subsidiariesthe Company, or (iii) holds any other position with Sprint or any of its subsidiaries, the Executive shall, unless otherwise agreed to by the CompanyBoard, be deemed to have resigned from all such positions as of the Termination Date. Executive agrees to execute such documents and take such other actions as the Company may request to reflect such resignations.

Appears in 1 contract

Samples: Employment Agreement (Sprint Corp)

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