Resignation as a Director. 11.8 On termination of the Employment for any reason, you must immediately, at the request of the Company resign your office as a director of the Company and of any other Group Company or Associated Company without compensation for loss of office but without prejudice to any rights which you may have to treat such request as a breach of this Agreement.
Appears in 2 contracts
Samples: Service Agreement (Reuters Group PLC /Adr/), Reuters Group PLC /Adr/
Resignation as a Director. 11.8 On Upon any termination of the Employment for any reasonyour employment, you must immediately, at the request of agree to promptly resign in a writing delivered to the Company resign your office as a an officer and director of the Company and of any affiliate and from any other Group Company or Associated Company without compensation for loss of office but without prejudice to any rights which you may have to treat such request as a breach of this Agreementfiduciary position with the foregoing.
Appears in 2 contracts
Samples: Stock Option Agreement (Overseas Shipholding Group Inc), Overseas Shipholding Group Inc