Common use of Termination of Directorship Clause in Contracts

Termination of Directorship. If during his employment under this Agreement the Director shall cease to be a director of the Company (otherwise than by reason of his death, resignation or disqualification pursuant to the Articles of Association of the Company or by statute or court order) his employment shall continue as if it had been in the office of executive manager of the Company and the terms of this Agreement (other than those relating to the holding of office of director) shall continue in full force and effect and the Director shall have no claims against the Company in respect of such cesser.

Appears in 5 contracts

Samples: Service Agreement (SKK Holdings LTD), Service Agreement (JBDI Holdings LTD), Service Agreement (SKK Holdings LTD)

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Termination of Directorship. If during his 18.1 The employment of the Director under this Agreement shall terminate automatically in the Director shall cease event of his ceasing to be a director of the Company (otherwise than by reason of his death, resignation or disqualification pursuant to the Articles of Association of the Company or by statute or court order) his employment shall continue as if it had been and in the office of executive manager of the Company and the terms of this Agreement (other than those relating to the holding of office of director) shall continue in full force and effect and that event the Director shall have no claims claim for damages against the Company unless he shall cease to be a Director of the Company by virtue of a resolution passed by the members of the Company in respect general meeting, and at the time of such cesserremoval the Company shall not be otherwise entitled to terminate his employment under this Agreement.

Appears in 4 contracts

Samples: Service Agreement (Viewsonic Corp), Service Agreement (Viewsonic Corp), Service Agreement (Viewsonic Corp)

Termination of Directorship. 8. If during his the employment under this Agreement of the Director hereunder shall be terminated by reason of his ceasing to be a director of the Company he shall have no claim hereunder for damages against the Company unless he shall cease to be a director of the Company (otherwise than by reason of his death, resignation or disqualification pursuant to the Articles of Association of the Company or by statute or court order) his employment shall continue as if it had been in the office of executive manager of the Company and the terms of this Agreement (other than those relating to the holding of office of director) shall continue in full force and effect and the Director shall have no claims against the Company in respect of such cesser.Company:-

Appears in 3 contracts

Samples: Service Agreement (Proteus International P L C /Fi), Service Agreement (Proteus International P L C /Fi), Service Agreement (Proteus International P L C /Fi)

Termination of Directorship. If during his your employment under this Agreement the Director shall agreement you cease to be a director of the Company (otherwise than by reason of his death, resignation or disqualification pursuant to the Articles of Association of the Company or by statute or court order) his your employment shall will continue as if it had been in the office of executive manager of the Company and the terms of this Agreement agreement (other than those relating to the holding of office of or director) shall will continue in full force and effect and the Director shall you will have no claims against the Company in respect of such cessertermination.

Appears in 1 contract

Samples: Service Agreement

Termination of Directorship. If during his The employment of the Director under this Agreement shall terminate automatically in the Director shall cease event of him ceasing to be a director of the Company (otherwise than by reason of his death, resignation or disqualification pursuant to the Articles of Association of the Company or by statute or court order) his employment shall continue as if it had been in the office of executive manager Director of the Company and the terms of this Agreement (other than those relating to the holding of office of director) shall continue in full force and effect and that event the Director shall have no claims claim for damages against the Company unless he shall so cease by virtue of a resolution passed by the members of the Company in respect general meeting to remove him as director and at the same time of such cesserremoval the Company is not otherwise entitled to terminate his employment under this Agreement.

Appears in 1 contract

Samples: Agreement (Bioenvision Inc)

Termination of Directorship. If during his employment under this Agreement agreement the Director Executive shall cease (otherwise than by reason of death or resignation or by virtue of a resolution being passed at a general meeting of the Company) to be a director of the Company (otherwise than by reason of his death, resignation or disqualification pursuant to the Articles of Association of the Company or by statute or court order) his employment under this agreement shall continue as if it had been in the office of executive manager of the Company and the terms of this Agreement (other than those relating to the holding of office of director) shall continue in full force and effect and the Director shall have no claims against the Company in respect of such cessernevertheless continue.

Appears in 1 contract

Samples: Service Agreement (Sitel Corp)

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Termination of Directorship. If during his The employment of the Director under this Agreement agreement shall terminate automatically in the Director shall cease event of his ceasing to be a director of the Company (otherwise than by reason of his death, resignation or disqualification pursuant to the Articles of Association of the Company or by statute or court order) his employment shall continue as if it had been and in the office of executive manager of the Company and the terms of this Agreement (other than those relating to the holding of office of director) shall continue in full force and effect and that event the Director shall have no claims claim for damages against the Company in respect of such cesser.unless he shall so cease:

Appears in 1 contract

Samples: Agreement (Coyote Sports Inc)

Termination of Directorship. If during his her employment under this Agreement the Director shall cease to be a director of the Company (otherwise than by reason of his her death, resignation or disqualification pursuant to the Articles of Association of the Company or by statute or court order) his her employment shall continue as if it had been in the office of executive manager of the Company and the terms of this Agreement (other than those relating to the holding of office of director) shall continue in full force and effect and the Director shall have no claims against the Company in respect of such cesser.

Appears in 1 contract

Samples: Service Agreement (Multi Ways Holdings LTD)

Termination of Directorship. 8. If during his the employment under this Agreement of the Director hereunder shall be terminated by reason of his ceasing to be a director of the Company he shall have no claim hereunder for damages against the Company unless he shall cease to be a director of the Company (otherwise than by reason of his death, resignation or disqualification pursuant to the Articles of Association of the Company or by statute or court order) his employment shall continue as if it had been in the office of executive manager of the Company and the terms of this Agreement (other than those relating to the holding of office of director) shall continue in full force and effect and the Director shall have no claims against the Company in respect of such cesser.Company:

Appears in 1 contract

Samples: Service Agreement (Proteus International P L C /Fi)

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