Common use of Resignation as Director Clause in Contracts

Resignation as Director. Upon termination of Executive’s employment hereunder, Executive shall immediately submit his written resignation as a member of the Board. The Board shall have discretion to accept or reject such resignation.

Resignation as Director. Upon Except as may be otherwise agreed upon by the Bank and Executive in writing, upon any termination of this Agreement or Executive’s employment services hereunder, Executive shall immediately submit his written resignation as a member of the Board. The Board shall have discretion to accept or reject such resignationand all committees thereof.

Resignation as Director. It is contemplated that at all times during the term of this Agreement that Executive shall continue to serve as a member of the Company’s Board. Upon any termination of Executive’s employment hereunderthis Agreement, Executive agrees that he shall immediately submit his written resignation as a member of the Board. The Board shall have discretion , which may choose to either accept or reject such resignationresignation in its discretion.

Resignation as Director. It is contemplated that at all times during the term of this Agreement that Executive shall continue to serve as a member of the Company's Board of Directors. Upon any termination of Executive’s employment hereunderthis Agreement, Executive agrees that he shall immediately submit his written resignation as a member of the Board. The Board shall have discretion of Directors of the Company, which may choose to either accept or reject such resignationresignation in its discretion.

Resignation as Director. Upon Except as may be otherwise agreed upon by the Employer and Executive in writing, upon any termination of this Agreement or Executive’s employment services hereunder, Executive shall immediately submit his written resignation as a member of the Board. The Board shall have discretion to accept or reject such resignationand all committees thereof.