Common use of Resignation from Positions Clause in Contracts

Resignation from Positions. Unless otherwise requested by the Board in writing, upon Executive’s termination of employment with the Company for any reason Executive shall automatically resign as of Executive’s employment termination date all titles, positions and appointments Executive then holds with the Company or any of its affiliates, whether as an officer, director, trustee or employee (without any claim for compensation related thereto), and Executive hereby agrees to take all actions necessary to effectuate such resignations.

Appears in 2 contracts

Samples: Employment Agreement (Ikonics Corp), Employment Agreement (Ikonics Corp)

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Resignation from Positions. Unless otherwise requested by Upon termination of this Agreement, Executive will immediately resign from the Board in writing, upon Executive’s termination of employment with the Company for any reason and from all other positions that Executive shall automatically resign as of Executive’s employment termination date all titles, positions and appointments Executive then holds with the Company or any of its affiliates, whether as an officer, director, trustee or employee (without any claim for compensation related thereto), and unless otherwise agreed to in writing by the parties. Executive hereby agrees to cooperate with the Company to take all actions reasonably necessary or appropriate to effectuate such resignationshis resignation from the Board and any other positions.

Appears in 2 contracts

Samples: Employment Agreement (Westwater Resources, Inc.), Employment Agreement (Ocean Power Technologies, Inc.)

Resignation from Positions. Unless otherwise requested by Notwithstanding any other provision of this Agreement to the Board in writingcontrary, upon Executive’s any termination of employment (whether voluntary or involuntary), Executive, upon written request from the Board, shall immediately resign from any positions Executive has with the Company for and any reason Executive shall automatically resign as of Executive’s employment termination date all titles, positions and appointments Executive then holds with the Company subsidiary or any of its affiliatesother affiliate thereof, whether as an executive, officer, employee, consultant, director, trustee trustee, fiduciary or employee (without any claim for compensation related thereto), and Executive hereby agrees to take all actions necessary to effectuate such resignationsotherwise.

Appears in 2 contracts

Samples: Employment Agreement (Arcturus Therapeutics Holdings Inc.), Employment Agreement (Arcturus Therapeutics Holdings Inc.)

Resignation from Positions. Unless otherwise Upon the termination of the Executive’s employment for any reason, the Executive shall immediately resign from each position held with the Company and its affiliates as of the Termination Date, including any position on the Board, if requested to do so by the Board in writingCompany. In addition, upon Executive’s termination if Executive ceases to be Chief Executive Officer of employment with the Company for any reason reason, the Executive shall automatically immediately resign as of Executive’s employment termination date all titlesfrom any position on the Board, positions and appointments Executive then holds with if requested to do by the Company or any of its affiliates, whether as an officer, director, trustee or employee (without any claim for compensation related thereto), and Executive hereby agrees to take all actions necessary to effectuate such resignations.Company. ARTICLE IV PROPRIETARY INFORMATION; RESTRICTIVE COVENANTS Section 4.01

Appears in 1 contract

Samples: Employment Agreement (Harmony Biosciences Holdings, Inc.)

Resignation from Positions. Unless otherwise requested by Notwithstanding any other provision of this Agreement to the Board in writingcontrary, upon Executive’s any termination of employment (whether voluntary or involuntary), Executive, upon written request from the Board, shall immediately resign from any positions Executive has with the Company for any reason Executive shall automatically resign as of Executive’s employment termination date all titles, positions and appointments Executive then holds with the Company (or any of its affiliatessubsidiary), whether as an executive, officer, employee, consultant, director, trustee trustee, fiduciary or employee (without any claim for compensation related thereto), and Executive hereby agrees to take all actions necessary to effectuate such resignations.otherwise. DB2/ 31050483.3 153466986 v4

Appears in 1 contract

Samples: Executive Employment Agreement (Sangamo Therapeutics, Inc)

Resignation from Positions. Unless otherwise requested by Notwithstanding any other provision of this Agreement to the Board in writingcontrary, upon Executive’s any termination of employment (whether voluntary or DB2/ 30174412.8 involuntary), Executive, upon written request from the Board, shall resign from the Board and any other positions he has with the Company for any reason Executive shall automatically resign as of Executive’s employment termination date all titles, positions and appointments Executive then holds with the Company (or any of its affiliatessubsidiary), whether as an executive, officer, employee, consultant, director, trustee trustee, fiduciary or employee (without any claim for compensation related thereto), and Executive hereby agrees to take all actions necessary to effectuate such resignationsotherwise.

Appears in 1 contract

Samples: Employment Agreement (Sangamo Biosciences Inc)

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Resignation from Positions. Unless otherwise requested by The Executive hereby resigns, effective as of the Board in writing, upon Executive’s termination execution of employment with this Agreement, from his positions as a member of the Company for Supervisory Board and as a director of CBIBV, as well as from any reason Executive shall automatically resign as of Executive’s employment termination date and all titlesother positions, positions and appointments Executive then holds with if any, that he may hold at the Company or any of its affiliates, whether as an officer, director, trustee or employee (without any claim for compensation related thereto), and Executive hereby agrees to take all actions necessary to effectuate such resignationsCompany.

Appears in 1 contract

Samples: Agreement and Mutual Release (Chicago Bridge & Iron Co N V)

Resignation from Positions. Unless otherwise requested by the Board in writing, upon Executive’s termination of employment with the Company for any reason Executive shall automatically resign as of Executive’s employment termination date the Termination Date from all titles, positions and appointments Executive then holds with the Company or any of its affiliatesCompany, whether as an officer, director, trustee or employee (without any claim for compensation related thereto), and Executive hereby agrees to take all actions necessary to effectuate such resignations.

Appears in 1 contract

Samples: Employment Agreement (Goodness Growth Holdings, Inc.)

Resignation from Positions. Unless otherwise requested by Notwithstanding any other provision of this Agreement to the Board in writingcontrary, upon Executive’s any termination of employment (whether voluntary or involuntary), Executive, upon written request from the Board, shall immediately resign from any positions Executive has with the Company for and any reason Executive shall automatically resign as of Executive’s employment termination date all titles, positions and appointments Executive then holds with the Company subsidiary or any of its affiliatesother affiliate thereof, whether as an executive, officer, employee, consultant, director, trustee trustee, fiduciary or employee otherwise (without any claim for compensation related theretoother than as a member of the Board of Directors of the Company), and Executive hereby agrees to take all actions necessary to effectuate such resignations.

Appears in 1 contract

Samples: Employment Agreement (Arcturus Therapeutics Holdings Inc.)

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