Common use of Resignation as a Director Clause in Contracts

Resignation as a Director. In the event of any termination of employment pursuant to this Agreement, Executive shall be deemed to have resigned voluntarily from the Board and any Committee of the Board, and from the board of directors (and any committee thereof) of all subsidiaries of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstance.

Resignation as a Director. In the event of any Upon termination of Executive’s employment pursuant to this Agreementby the Company for any reason or the resignation of or retirement from employment by the Executive, the Executive shall be deemed to have resigned voluntarily provide the Chairman of the Board with his written resignation from the Company’s Board and any Committee of the Boardall subsidiary Boards, and from the board of directors (and any committee thereof) of all subsidiaries of Board may choose to accept or reject the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstanceas a Company Board member.

Resignation as a Director. In the event of any Upon termination of the Executive's employment pursuant to this Agreementfor any reason, the Executive shall be deemed to have resigned voluntarily from the Board and from all other boards of, and other positions with, any Committee member of the BoardCompany Affiliated Group, and from the board of directors (and any committee thereof) of all subsidiaries of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstanceapplicable.

Resignation as a Director. In the event of any Upon termination of the Executive’s employment pursuant to this Agreementfor any reason, the Executive shall be deemed to have resigned voluntarily from the Board and from all other boards of, and other positions with, any Committee member of the BoardCompany Affiliated Group, and from the board of directors (and any committee thereof) of all subsidiaries of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstanceapplicable.

Resignation as a Director. In the event of any termination of employment pursuant to this Agreement, Executive shall be deemed to have resigned voluntarily from the Board and any Committee of the Board, and from of the board of directors (and any committee thereof) of all subsidiaries of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstance.

Resignation as a Director. In the event of any termination of employment pursuant to this Agreement, Executive shall be deemed to have resigned voluntarily from the Board and any Committee of the Board, and from of the board of directors (and any committee thereof) of all subsidiaries and affiliates of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstance.

Resignation as a Director. In the event of any termination of employment pursuant to this Agreement, Executive shall be deemed to have resigned voluntarily from the Board and any Committee of the Board, and from the board of directors (and any committee thereof) of all subsidiaries of the Company, Board upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstance.

Resignation as a Director. In the event of any termination of employment pursuant Unless otherwise agreed to this Agreement, Executive shall be deemed to have resigned voluntarily from the Board and any Committee of the Board, and from the board of directors (and any committee thereof) of all subsidiaries of by the Company, upon if the effective date of termination or such earlier date as may be agreed in writing between Executive’s employment ends for any reason, the Executive agrees to resign from all offices and directorships for the Company and Executive, and its affiliates effective on the last day of the Executive’s signature on this Agreement shall, without employment with the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstanceCompany.

Resignation as a Director. In the event of any Upon termination of the Executive’s employment pursuant to this Agreementfor any reason, the Executive shall be deemed to have resigned voluntarily resign from the Board and from all other boards of, and other positions with, any Committee member of the BoardCompany Affiliated Group, and from the board of directors (and any committee thereof) of all subsidiaries of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstanceapplicable.

Resignation as a Director. In the event of any termination of employment pursuant to this Agreement, if Executive is member of the Board or the board of directors of any subsidiary of the Company, then Executive shall be deemed to have resigned voluntarily from the Board and any Committee of the Board, and from the board of directors (and any committee thereof) of all subsidiaries of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstance.

Resignation as a Director. In The Executive agrees that, contemporaneously with the event of any termination of his employment pursuant to this Agreementwith the Corporation for any reason, Executive shall he will be deemed to have resigned voluntarily from automatically as a member of the Board and any Committee of Directors of the Board, Corporation and from all other offices, directorships and positions he holds with the board of directors (and any committee thereof) of all subsidiaries Corporation or its affiliates. This resignation by the Executive is a condition to the receipt of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company payment and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstance.benefits described in

Resignation as a Director. In the event of any Upon termination of Executive’s employment pursuant to this Agreementby the Company for any reason or the resignation of or retirement from employment by the Executive, the Executive shall be deemed to have resigned voluntarily provide the Chairman of the Board with his written resignation from the Board and any Committee all subsidiary boards of the Boarddirectors and similar governing bodies, and from the board of directors (and any committee thereof) of all subsidiaries of Board may choose to accept or reject the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstanceas a Board member.

Resignation as a Director. In the event of any termination of employment pursuant to this AgreementThe Executive hereby resigns, Executive shall be deemed to have resigned voluntarily from the Board and any Committee effective as of the BoardEffective Time, as a director of the Company and from each of the Company’s subsidiaries. The Executive hereby waives notice of the meeting of the board of directors (and any committee thereof) of all subsidiaries of the CompanyCompany to be held on June 13, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstance2008.

Resignation as a Director. In the event of any termination of employment pursuant to this Agreement, if Executive is a director of the Company or of any direct or indirect parent or subsidiary of the Company, Executive shall be deemed to have resigned voluntarily from the Board and any Committee of the Board, and from the board of directors (and any committee thereof) of all parents and subsidiaries of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstance.

Resignation as a Director. In the event of any termination of employment pursuant to this Agreement, if Executive is a member of the Board, then Executive shall be deemed to have resigned voluntarily from the Board and any Committee of the Board, and from of the board of directors (and any committee thereof) of all subsidiaries of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstance.

Resignation as a Director. In the event of any Upon termination of Executive’s employment pursuant to this Agreementby the Company for any reason or the resignation of or retirement from employment by the Executive, if the Executive is then serving on the Company’s Board of Directors, the Executive shall be deemed to have resigned voluntarily provide the Chairman of the Board with his written resignation from the Company’s Board and any Committee of the Boardall subsidiary Boards, and from the board of directors (and any committee thereof) of all subsidiaries of Board may choose to accept or reject the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstanceas a Company Board member.

Resignation as a Director. In the event of any Upon termination of the Executive's employment pursuant to this Agreementfor any reason, the Executive shall be deemed to have resigned voluntarily from the Board and any Committee of the Boardfrom all other boards of, and from the board of directors (and other positions with, any committee thereof) of all subsidiaries subsidiary or affiliate of the Company, upon the effective date of termination or such earlier date as may be agreed in writing between the Company and Executive, and Executive’s signature on this Agreement shall, without the need to any further action, constitute Executive’s resignation from such boards of directors in such circumstanceapplicable.