Continued Service As A Director Sample Clauses

Continued Service As A Director. If the Grantee (a) whose employment is terminated with a Participating Company for any reason and (b) who is a director of Company immediately prior to the Grantee’s termination of employment continues to serve Company as a director following the Grantee’s termination of employment, the Committee shall have the complete and sole discretion to deem the Grantee’s employment with the Participating Company as continuing for purposes of this grant of Stock Unit Awards for all or a portion of the period in which the Grantee continuously serves as a member of the Board.
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Continued Service As A Director. Provided that you continue to remain in the service of the Company as a director through the one year anniversary of the date of this Award Agreement (the “Vesting Date”), you will be entitled to vest in that number of shares of Stock subject to this Award, subject, on and after the grant date, to adjustment as provided under the terms of the Plan including, without limitation, the last paragraph of Section 5 of the Plan.
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Continued Service As A Director. This Agreement shall not obligate the Company or any affiliate of the Company to nominate Director for election or re-election to the Board nor constitute any contract or agreement of nomination with Director, nor shall this Agreement interfere in any way with the right of any person to remove Director.
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Continued Service As A Director. This Agreement does not give the Director any right to be retained in the service of the Company or any of its subsidiaries.
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Continued Service As A Director. Xxxxxx and the Company acknowledge that Xxxxxx is currently serving as a director of the Company with a term expiring in 2005. Xxxxxx shall continue to serve as a director of the Company for the remainder of such term in accordance with the Bylaws of the Company; provided, that during the term of this Agreement, Xxxxxx shall not be entitled to receive any compensation for his services as a director, either in the form of an annual retainer, meeting fees or otherwise. Notwithstanding the foregoing, if Xxxxxx continues to serve as a director following the termination of this Agreement, then Xxxxxx shall be entitled to receive the same compensation and benefits afforded to other non-employee directors of the Company for his services as a director from and after the termination of this Agreement.
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Continued Service As A Director. No provision of this agreement shall (a) confer upon Grantee any right to continue in service as a director of the Company; (b) affect the right of the Company to remove Grantee as a director, with or without cause; or (c) confer upon Grantee any right to participate in any compensation plan or other program of the Company other than the Plan.
Sample 1
Continued Service As A Director. As also discussed, your resignation as an employee shall not also constitute a resignation from the Board of Directors of the Company (the “Board”), and as such, effective as of the Separation Date you will be a non-employee member of the Board. Accordingly, this Letter confirms that beginning immediately upon your Separation Date, you will be compensated in the same amount and in the manner as all other current non-employee members of the Board are compensated (e.g., quarterly fees paid in arrears, including a prorated portion of such fees for the calendar quarter in which the Separation Date occurs). In connection with your Board membership, you shall continue to have access to your “the Knot” and “XO Group” email accounts, and any other intellectual property that is relevant to your position in your capacity as a member of the Board.
Sample 1
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Continued Service As A Director. You will continue to serve as a director of Mykrolis and as a member of the Management Development & Compensation Committee receiving compensation for those services in accordance with the director compensation policies specified by the Board of Directors, as from time to time in effect, through and until the closing of the Merger.
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Related to Continued Service As A Director

  • Continued Service The Indemnitee shall continue to serve at the will of the Company as a Director of the Company so long as he is duly elected and qualified in accordance with the Regulations or until he resigns in writing in accordance with applicable law.

  • Board Membership During the Employment Term, Executive will serve as a member of the Board, subject to any required Board and/or stockholder approval.

  • Service as Director Director will serve as a director of the Company and perform all duties as a director of the Company, including without limitation (a) attending meetings of the Board, (b) serving on one or more committees of the Board (each a “Committee”) and attending meetings of each Committee of which Director is a member, and (c) using reasonable efforts to promote the business of the Company. The Company currently intends to hold at least one in-person regular meeting of the Board and each Committee each quarter, together with additional meetings of the Board and Committees as may be required by the business and affairs of the Company. In fulfilling his responsibilities as a director of the Company, Director agrees that he shall act honestly and in good faith with a view to the best interests of the Company and exercise the care, diligence and skill that a reasonably prudent person would exercise in comparable circumstances.

  • Service Period The Company hereby agrees to continue to retain the services of the Executive, and the Executive hereby agrees to provide services to the Company and its successors, subject to the terms and conditions of this Agreement, for the period commencing on the Effective Date and ending on the second anniversary of such date (the “Service Period”).

  • Cessation of Service The option term specified in Paragraph 2 shall terminate (and this option shall cease to be outstanding) prior to the Expiration Date should any of the following provisions become applicable:

  • Continued Employment The Option granted hereunder shall confer no right on Optionee to continue in the employ of the Company or any Subsidiary, or limit in any respect the right of the Company or any Subsidiary (in the absence of a specific agreement to the contrary) to terminate Optionee's employment at any time.

  • Termination of Service Termination of Service shall mean the Executive's voluntary resignation of service by the Executive or the Bank's discharge of the Executive without cause, prior to the Early Retirement Date (Subparagraph I [K]).

  • Termination of Relationship as a Service Provider If the Optionee ceases to be a Service Provider (other than for death or Disability), this Option may be exercised for a period of three (3) months after the date of such termination (but in no event later than the expiration date of this Option as set forth in the Notice of Grant) to the extent that the Option is vested on the date of such termination. To the extent that the Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

  • Continuation of Service 10. If the Recipient is an air carrier, until March 1, 2022, the Recipient shall comply with any applicable requirement issued by the Secretary of Transportation under section 4114(b) of the CARES Act to maintain scheduled air transportation service to any point served by the Recipient before March 1, 2020.

  • Good Reason; Other Than for Cause, Death or Disability If, during the Employment Period, the Company shall terminate the Executive's employment other than for Cause or Disability or the Executive shall terminate employment for Good Reason:

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