Board of Directors Service. Subject to re-election by a vote of stockholders, Executive shall continue to serve on the Board of Directors through the Term and shall tender his resignation from the Board of Directors upon expiration of the Term, or upon any earlier termination of his employment, which resignation may or may not be accepted.
Appears in 5 contracts
Samples: Employment Agreement (Checkpoint Systems Inc), Employment Agreement (Checkpoint Systems Inc), Employment Agreement (Checkpoint Systems Inc)
Board of Directors Service. Subject to re-election by a vote of stockholders, Executive shall continue to serve on the Board of Directors through the Term and shall offer to tender his resignation from the Board of Directors upon expiration of the Term, or upon any earlier termination of his employment, which resignation may or may not be accepted.
Appears in 3 contracts
Samples: Employment Agreement (SLM Corp), Employment Agreement (Usa Education Inc), Employment Agreement (Usa Education Inc)
Board of Directors Service. Subject to re-election by a vote of stockholders, Executive shall continue to serve on the Board of Directors through the Term and as a condition to the payment of any termination benefits under this Agreement shall offer to tender his resignation from the Board of Directors upon expiration of the Term, or upon any earlier termination of his employment, which resignation may or may not be accepted.
Appears in 1 contract
Samples: Employment Agreement (SLM Corp)
