Common use of Removal from any Boards and Positions Clause in Contracts

Removal from any Boards and Positions. Upon Executive’s termination of employment for any reason under this Agreement, Executive shall be deemed to resign (i) if a member, from the Board and the board of directors of any Affiliate and any other board to which Executive has been appointed or nominated by or on behalf of the Company or an Affiliate, (ii) from each position with the Company and any Affiliate, including as an officer of the Company or an Affiliate and (iii) as a fiduciary of any employee benefit plan of the Company and any Affiliate.

Appears in 15 contracts

Samples: Employment Agreement (Heritage Financial Corp /Wa/), Employment Agreement (Heritage Financial Corp /Wa/), Employment Agreement (Heritage Financial Corp /Wa/)

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Removal from any Boards and Positions. Upon Executive’s termination of employment for any reason under this Agreement, Executive shall be deemed to resign (i) if a member, from the Board and the board of directors of any Affiliate and any other board to which Executive has been appointed or nominated by or on behalf of the Company or an AffiliateEmployer, (ii) from each position with the Company and or any Affiliate, including as an officer of the Company Company, the Bank, or an Affiliate any of their respective Affiliates and (iii) as a fiduciary of any employee benefit plan of the Company and any AffiliateEmployer.

Appears in 15 contracts

Samples: Employment Agreement (Bridgewater Bancshares Inc), Employment Agreement (Bridgewater Bancshares Inc), Employment Agreement (Bridgewater Bancshares Inc)

Removal from any Boards and Positions. Upon If the Executive’s termination of employment is terminated for any reason under this Agreement, Executive he shall be deemed to resign (i) if a member, from the Board and the or board of directors of any Affiliate and affiliate or any other board to which Executive he has been appointed or nominated by or on behalf of the Company or an Affiliate, and (ii) from each any position with the Company and or any Affiliateaffiliate, including including, but not limited to, as an officer of the Company or an Affiliate and (iii) as a fiduciary any of any employee benefit plan of the Company and any Affiliateits affiliates.

Appears in 13 contracts

Samples: Employment Agreement (FCA Acquisition Corp.), Employment Agreement (FreightCar America, Inc.), Employment Agreement (FreightCar America, Inc.)

Removal from any Boards and Positions. Upon Executive’s termination Unless otherwise agreed to in writing by the Parties at the time of employment for any reason under this AgreementTermination, upon a Termination, Executive shall be deemed to resign (i) if a member, from the Board and the board of directors of any Affiliate and any other board to which Executive has been appointed or nominated by or on behalf of the Company or an Affiliate, (ii) from each position with the Company and any Affiliate, including as an officer of the Company or an Affiliate and (iii) as a fiduciary of any employee benefit plan of the Company and any Affiliate.

Appears in 12 contracts

Samples: Employment Agreement (Trinity Capital Corp), Employment Agreement (Medgenics, Inc.), Employment Agreement (Trinity Capital Corp)

Removal from any Boards and Positions. Upon Executive’s termination of employment for any reason under this Agreement, Executive shall be deemed to resign (i) if a member, from the Board and the board of directors of any Affiliate and any other board to which Executive has been appointed or nominated by or on behalf of the Company or an AffiliateCompany, (ii) from each position with the Company and or any Affiliate, including as an officer of the Company or an Affiliate any of its Affiliates and (iii) as a fiduciary of any employee benefit plan of the Company and any AffiliateCompany.

Appears in 11 contracts

Samples: Employment Agreement (MidWestOne Financial Group, Inc.), Employment Agreement (MidWestOne Financial Group, Inc.), Employment Agreement (MidWestOne Financial Group, Inc.)

Removal from any Boards and Positions. Upon Executive’s termination Unless otherwise agreed to in writing by the Parties at the time of employment for any reason under this AgreementTermination, upon a Termination, Executive shall be deemed to resign (i) if a member, from the Board and the board of directors of any Affiliate affiliate and any other board to which Executive has been appointed or nominated by or on behalf of the Company or an Affiliateaffiliate, (ii) from each position with the Company and any Affiliateaffiliate, including as an officer of the Company or an Affiliate affiliate and (iii) as a fiduciary of any employee benefit plan of the Company and any Affiliateaffiliate.

Appears in 9 contracts

Samples: Executive Employment Agreement (Lilis Energy, Inc.), Executive Employment Agreement (Lilis Energy, Inc.), Executive Employment Agreement (Lilis Energy, Inc.)

Removal from any Boards and Positions. Upon termination of Executive’s termination of employment for any reason under this Agreement, Executive shall he will be deemed to resign as of the Termination Date (i1) if as a member, from member of the Board and or the board of directors of the any Affiliate and other NewPage entity to which Executive has been or may be elected or nominated, (2) as a member of any other board to which Executive he has been appointed or may be elected or nominated by or on behalf of the Company or an AffiliateCompany, and (ii3) from each position with the Company and any Affiliate, including as an officer of the Company or an Affiliate and (iii) of, as a fiduciary member of any employee benefit plan of the Company committee or team of, and from any Affiliateother position with, any NewPage entity.

Appears in 6 contracts

Samples: Employment Agreement (NewPage Holdings Inc.), Employment Agreement (NewPage Holdings Inc.), Employment Agreement (NewPage Holdings Inc.)

Removal from any Boards and Positions. Upon the Executive’s termination of employment for any reason under this Agreement, the Executive shall be deemed to resign (i) if a member, from the Board and the board of directors of any Affiliate and any other board to which the Executive has been appointed or nominated by or on behalf of the Company or an AffiliateCompany, (ii) from each position with the Company and or any Affiliate, including as an officer of the Company or an Affiliate any of its Affiliates and (iii) as a fiduciary of any employee benefit plan of the Company and any AffiliateCompany.

Appears in 5 contracts

Samples: Employment Agreement (MidWestOne Financial Group, Inc.), Employment Agreement (MidWestOne Financial Group, Inc.), Employment Agreement (MidWestOne Financial Group, Inc.)

Removal from any Boards and Positions. Upon the Executive’s termination of employment for any reason under this Agreement, the Executive shall be deemed to resign (i) if a member, from the Board and the or board of directors of any Affiliate and affiliate or any other board to which the Executive has been appointed or nominated by or on behalf of the Company or an AffiliateCompany, (ii) from each any position with the Company and or any Affiliateaffiliate, including including, but not limited to, as an officer of the Company or an Affiliate any of its affiliates, and (iii) as a fiduciary of any employee benefit plan of the Company and any AffiliateCompany.

Appears in 5 contracts

Samples: Employment Agreement (SPX FLOW, Inc.), Employment Agreement (SPX Corp), Employment Agreement (SPX Corp)

Removal from any Boards and Positions. Upon Executive’s 's termination of employment for any reason under this Agreement, Executive shall be deemed to resign (i) if a member, from the Board and the board of directors of any Affiliate and any other board to which Executive has been appointed or nominated by or on behalf of the Company or an AffiliateCompany, (ii) from each position with the Company and any Affiliate, including as an officer of the Company or an Affiliate and (iii) as a fiduciary of any employee benefit plan of the Company and any Affiliate.

Appears in 4 contracts

Samples: Employment Agreement (West Bancorporation Inc), Employment Agreement (West Bancorporation Inc), Employment Agreement (West Bancorporation Inc)

Removal from any Boards and Positions. Upon the Executive’s 's termination of employment for any reason under this Agreement, the Executive shall be deemed to resign (i) if a member, from the Board and the board of directors of any Affiliate and any other board to which the Executive has been appointed or nominated by or on behalf of the Company or an AffiliateCompany, (ii) from each position with the Company and or any Affiliate, including as an officer of the Company or an Affiliate any of its Affiliates and (iii) as a fiduciary of any employee benefit plan of the Company and any AffiliateCompany.

Appears in 4 contracts

Samples: Employment Agreement (MidWestOne Financial Group, Inc.), Employment Agreement (MidWestOne Financial Group, Inc.), Employment Agreement (MidWestOne Financial Group, Inc.)

Removal from any Boards and Positions. Upon If Executive’s termination of employment is terminated for any reason under this Agreement, Executive shall be deemed to resign this Agreement will constitute his resignation from (i) if a member, from the Board and the board of directors of the Company as well as any Affiliate and affiliate, any industry group or any other board to which Executive he has been appointed or nominated by or on behalf of the Company or an AffiliateCompany, (ii) from each any position with the Company and or any Affiliateaffiliate, including including, but not limited to, as an officer of the Company or an Affiliate any of its affiliates, and (iii) as a any fiduciary of any employee positions with respect to the Company’s benefit plan of the Company and any Affiliateplans.

Appears in 4 contracts

Samples: Employment Agreement (Great Lakes Dredge & Dock CORP), Employment Agreement (Great Lakes Dredge & Dock CORP), Employment Agreement (Great Lakes Dredge & Dock CORP)

Removal from any Boards and Positions. Upon the Executive’s termination of employment for any reason under this Agreement, the Executive shall be deemed to resign (i) if a member, from the Board and the or board of directors of any Affiliate and affiliate or any other board to which the Executive has been appointed or nominated by or on behalf of the Company or an AffiliateCompany, (ii) from each any position with the Company and or any Affiliateaffiliate, including including, without limitation, as an officer of the Company or an Affiliate any of its affiliates, and (iii) as a fiduciary of any employee benefit plan of the Company and any AffiliateCompany.

Appears in 4 contracts

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

Removal from any Boards and Positions. Upon If the Executive’s termination of employment is terminated for any reason under this Agreement, Executive he shall be deemed to resign (i) if a member, from the Board and the or board of directors of any Affiliate and subsidiary or affiliate of the Company or any other board to which Executive he has been appointed or nominated by or on behalf of the Company or an Affiliate, and (ii) from each any position with the Company and or any Affiliatesubsidiary or affiliate of the Company, including including, but not limited to, as an officer of the Company or an Affiliate and (iii) as a fiduciary any of any employee benefit plan of the Company and any Affiliateits subsidiaries or affiliates.

Appears in 3 contracts

Samples: First Revised and Extended Employment Agreement (Vanguard Car Rental Group Inc.), First Revised and Extended Employment Agreement (Vanguard Car Rental Group Inc.), Revised and Extended (Vanguard Car Rental Group Inc.)

Removal from any Boards and Positions. Upon If Executive’s termination of employment terminates for any reason under this Agreement, Executive shall he will be deemed to resign as applicable (i1) if as a member, from member of the Board and or the board of directors of the any Affiliate and of the Company’s subsidiaries or affiliates to which Executive has been or may be elected or nominated, (2) as a member of any other board to which Executive he has been appointed or may be elected or nominated by or on behalf of the Company or an AffiliateCompany, and (ii3) from each position with the Company and any Affiliate, including as an officer of, as a member of any committee or team of, and from any other position with, the Company or an Affiliate and (iii) as a fiduciary any of any employee benefit plan of the Company and any Affiliateits subsidiaries or affiliates.

Appears in 3 contracts

Samples: Employment Agreement (NewPage CORP), Employment Agreement (NewPage CORP), Employment Agreement (Newpage Port Hawkesbury Holding LLC)

Removal from any Boards and Positions. Upon Executive’s termination of employment a Termination for any reason under this AgreementCause, Executive shall be deemed to resign (i) if a member, from the Board and the board of directors of any Affiliate and any other board to which Executive has been appointed or nominated by or on behalf of the Company or an Affiliate, (ii) from each position with the Company and any Affiliate, including as an officer of the Company or an Affiliate and (iii) as a fiduciary of any employee benefit plan of the Company and any Affiliate.

Appears in 3 contracts

Samples: Transitional Employment Agreement (Midland States Bancorp, Inc.), Transitional Employment Agreement (Midland States Bancorp, Inc.), Transitional Employment Agreement (Lakeland Financial Corp)

Removal from any Boards and Positions. Upon If Executive’s termination of employment terminates for any reason under this Agreement, Executive shall he will be deemed to resign as applicable (i1) if as a member, from the Board and member of the board of directors of the Company or any Affiliate and of its subsidiaries or affiliates of the Company, (2) as a member of any other board to which Executive he has been appointed or nominated by or on behalf of the Company or Company, and (3) as an Affiliate, (ii) officer of and from each any position with the Company and or any Affiliate, including as an officer of the Company its subsidiaries or an Affiliate and (iii) as a fiduciary of any employee benefit plan of the Company and any Affiliateaffiliates.

Appears in 3 contracts

Samples: Employment Agreement (NewPage CORP), Employment Agreement (NewPage CORP), Employment Agreement (NewPage CORP)

Removal from any Boards and Positions. Upon If Executive’s termination of employment is terminated for any reason under this Agreement, Executive shall be deemed to resign this Agreement will constitute his automatic resignation from (i) if a member, from the Board and the board of directors of any Affiliate and subsidiary of the Company or any other board to which Executive he has been appointed or nominated by or on behalf of the Company or an AffiliateCompany, (ii) from each any position with the Company and or any Affiliatesubsidiary of the Company, including including, but not limited to, as an officer of the Company or an Affiliate any of its subsidiaries, and (iii) as a any fiduciary of any employee positions with respect to the Company’s benefit plan of the Company and any Affiliateplans.

Appears in 2 contracts

Samples: Employment Agreement (Vasco Data Security International Inc), Employment Agreement (Vasco Data Security International Inc)

Removal from any Boards and Positions. Upon Notwithstanding provision in this Agreement, if Executive’s termination of employment is terminated under this Agreement for any reason under this Agreementreason, Executive shall be deemed to resign (i) if a member, from the Board and the or board of directors of any Affiliate and affiliate of the Company or any other board to which Executive he has been appointed or nominated by or on behalf of the Company or an AffiliateCompany, and (ii) from each any position with the Company and or any Affiliateaffiliate of the Company, including including, but not limited to, as an officer of the Company or an Affiliate and (iii) as a fiduciary any of any employee benefit plan of the Company and any Affiliateits affiliates.

Appears in 2 contracts

Samples: Executive Employment Agreement (Akebia Therapeutics, Inc.), Executive Employment Agreement (Akebia Therapeutics, Inc.)

Removal from any Boards and Positions. Upon If the Executive’s termination of employment is terminated for any reason under this Agreement, Executive shall be deemed to resign this Agreement will constitute his resignation from (i) if a member, from the Board and the or board of directors of any Affiliate and or any other board to which Executive he has been appointed or nominated by or on behalf of the Company or an AffiliateCompany, (ii) from each any position with the Company and or any Affiliate, including including, but not limited to, as an officer of the Company or an Affiliate any of its Affiliates, and (iii) as a any fiduciary of any employee positions with respect to the Company’s benefit plan of the Company and any Affiliateplans.

Appears in 2 contracts

Samples: Employment Agreement (Great Lakes Dredge & Dock CORP), Employment Agreement (Great Lakes Dredge & Dock CORP)

Removal from any Boards and Positions. Upon If Executive’s termination of employment is terminated for any reason under this Agreement, Executive shall be deemed to resign (i) if a member, from the Board and the or board of directors of any Affiliate and affiliate of Employer or any other board to which Executive he has been appointed or nominated by or on behalf of the Company or an AffiliateEmployer, and (ii) from each any position with the Company and Employer or any Affiliateaffiliate of Employer, including including, but not limited to, as an officer of the Company Employer or an Affiliate and (iii) as a fiduciary any of any employee benefit plan of the Company and any Affiliateits affiliates.

Appears in 2 contracts

Samples: Employment Agreement (Roka BioScience, Inc.), Employment Agreement (Roka BioScience, Inc.)

Removal from any Boards and Positions. Upon Executive’s termination of employment for any reason under this Agreement, Executive shall be deemed to resign (i) if a member, from the Board and the board of directors of any Affiliate and any other board to which Executive has been appointed or nominated by or on behalf of the Company or an AffiliateCompany, (ii) from each position with the Company and any Affiliate, including as an officer of the Company or an Affiliate and (iii) as a fiduciary of any employee benefit plan of the Company and any Affiliate.

Appears in 2 contracts

Samples: Employment Agreement (West Bancorporation Inc), Employment Agreement (West Bancorporation Inc)

Removal from any Boards and Positions. Upon Executive’s termination of employment for any reason under this Agreement, unless otherwise agreed in writing between the Board and Executive, Executive shall be deemed to resign (i) if a member, from the Board and the board of directors of any Affiliate and any other board to which Executive has been appointed or nominated by or on behalf of the Company or an AffiliateEmployer, (ii) from each position with the Company and Employer or any Affiliate, including as an officer of the Company Employer, the Bank, or an Affiliate any of its Affiliates and (iii) as a fiduciary of any employee benefit plan of the Company and any AffiliateEmployer.

Appears in 2 contracts

Samples: Employment Agreement (QCR Holdings Inc), Employment Agreement (QCR Holdings Inc)

Removal from any Boards and Positions. Upon Notwithstanding any other provision in this Agreement, if Executive’s termination of employment is terminated under this Agreement for any reason under this Agreementreason, Executive shall be deemed to resign (i) if a member, from the Board and the or board of directors of any Affiliate and affiliate of the Company or any other board to which Executive he has been appointed or nominated by or on behalf of the Company or an AffiliateCompany, and (ii) from each any position with the Company and or any Affiliateaffiliate of the Company, including including, but not limited to, as an officer of the Company or an Affiliate and (iii) as a fiduciary any of any employee benefit plan of the Company and any Affiliateits affiliates.

Appears in 2 contracts

Samples: Executive Employment Agreement (Akebia Therapeutics, Inc.), Executive Employment Agreement (Akebia Therapeutics, Inc.)

Removal from any Boards and Positions. Upon If Executive’s termination of employment is terminated for any reason under this Agreement, Executive shall be deemed to resign this Agreement will constitute his resignation from (i) if a member, from the Board and the board of directors of the Company as well as any Affiliate and or any other board to which Executive he has been appointed or nominated by or on behalf of the Company or an AffiliateCompany, (ii) from each any position with the Company and or any Affiliate, including including, but not limited to, as an officer of the Company or an Affiliate any of its Affiliates, and (iii) as a any fiduciary of any employee positions with respect to the Company’s benefit plan of the Company and any Affiliateplans.

Appears in 2 contracts

Samples: Employment Agreement (Great Lakes Dredge & Dock CORP), Employment Agreement (Great Lakes Dredge & Dock CORP)

Removal from any Boards and Positions. Upon If the Executive’s termination of 's employment is terminated for any reason under this Agreement, Executive he shall be deemed to resign (i) if a member, from the Board and the or board of directors of any Affiliate and subsidiary of the Company or any other board to which Executive he has been appointed or nominated by or on behalf of the Company or an Affiliate, and (ii) from each any position with the Company and or any Affiliatesubsidiary of the Company, including including, but not limited to, as an officer of the Company or an Affiliate and (iii) as a fiduciary any of any employee benefit plan of the Company and any Affiliateits subsidiaries.

Appears in 2 contracts

Samples: Employment Agreement (Fansteel Inc), Employment Agreement (Fansteel Inc)

Removal from any Boards and Positions. Upon If Executive’s termination of employment is terminated for any reason under this Agreementreason, Executive shall automatically, without further action, notice or deed, be deemed to resign (i) if a member, from the Board and the board of directors of any Affiliate and any other board to which Executive has been appointed or nominated by or on behalf of the Company or an Affiliate, (ii) from each position with the any Company and any AffiliateGroup Member, including including, but not limited to, as an officer of the any Company or an Affiliate and (iii) as a fiduciary of any employee benefit plan of the Company and any AffiliateGroup Member.

Appears in 2 contracts

Samples: Employment Agreement (Airsculpt Technologies, Inc.), Employment Agreement (Airsculpt Technologies, Inc.)

Removal from any Boards and Positions. Upon If the Executive’s termination of employment is terminated for any reason under this Agreement, the Executive shall be deemed to resign (i) if a member, from the Board and the or board of directors of any Affiliate and subsidiary or affiliate of the Company or any other board to which the Executive has been appointed or nominated by or on behalf of the Company or an Affiliate, and (ii) from each any position with the Company and or any Affiliatesubsidiary or affiliate of the Company, including including, but not limited to, as an officer of the Company or an Affiliate and (iii) as a fiduciary of any employee benefit plan of the Company and any Affiliateof its subsidiaries.

Appears in 2 contracts

Samples: Employment Agreement (Albertsons Companies, Inc.), Employment Agreement (Albertsons Companies, Inc.)

Removal from any Boards and Positions. Upon Executive’s termination of employment for any reason under this Agreement, Executive shall be deemed to resign (i) if a member, from the Board and the board of directors of any Affiliate and any other board to which Executive has been appointed or nominated by or on behalf of the Company or an Affiliate, (ii) from each position with the Company and any Affiliate, including as an officer of the Company or an Affiliate and (iii) as a fiduciary of any employee benefit plan of the Company and any Affiliate.,

Appears in 2 contracts

Samples: Employment Agreement (Heritage Financial Corp /Wa/), Employment Agreement (Heritage Financial Corp /Wa/)

Removal from any Boards and Positions. Upon If the Executive’s termination of employment is terminated for any reason under this Agreement, Executive he shall be deemed to resign (i) if a member, from the any Board and the board of directors of any Affiliate positions and any other board to which Executive has been appointed position or nominated by or on behalf of positions he holds with the Company or an Affiliateany of its subsidiaries or affiliates, (ii) from each position with the Company and any Affiliateincluding, including but not limited to, as an officer of the Company or an Affiliate and (iii) as a fiduciary any of any employee benefit plan of the Company and any Affiliateits subsidiaries or affiliates.

Appears in 2 contracts

Samples: Executive Employment Agreement (Armored AutoGroup Inc.), Executive Employment Agreement (Armored AutoGroup Inc.)

Removal from any Boards and Positions. Upon If Executive’s termination of employment is terminated for any reason under this Agreement, Executive shall be deemed to resign this Agreement will constitute his automatic resignation from (i) if a member, from the Board and the board of directors of any Affiliate and subsidiary or affiliate of the Company or any other board to which Executive he has been appointed or nominated by or on behalf of the Company or an AffiliateCompany, (ii) from each any position with the Company and or any Affiliatesubsidiary of the Company, including including, but not limited to, as an officer of the Company or an Affiliate any of its subsidiaries, and (iii) as a any fiduciary of any employee positions with respect to the Company’s benefit plan of the Company and any Affiliateplans.

Appears in 2 contracts

Samples: Executive Employment Agreement (OneSpan Inc.), Executive Employment Agreement (OneSpan Inc.)

Removal from any Boards and Positions. Upon Executive’s the termination of the Executive's employment for any reason under this Agreementreason, the Executive shall be deemed to immediately resign from all of the following to the extent applicable: (i) if a member, from the Board and the board any other boards of directors or managers of any Affiliate and subsidiary of the Company or any other board to which the Executive has been appointed or nominated by or on behalf of the Company or an Affiliate, and (ii) from each any position with the Company and or any Affiliatesubsidiary of the Company, including including, but not limited to, as an officer of the Company or an Affiliate and (iii) as a fiduciary of any employee benefit plan of the Company and any Affiliateof its subsidiaries.

Appears in 2 contracts

Samples: Employment Agreement (Delta Tucker Holdings, Inc.), Employment Agreement (Delta Tucker Holdings, Inc.)

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Removal from any Boards and Positions. Upon If Executive’s termination of employment is terminated for any reason under this Agreementreason, Executive shall automatically, without further action, notice or deed, be deemed to resign (i) if a member, from the Board and the board of directors of any Affiliate and any other board to which Executive has been appointed or nominated by or on behalf of the Company or an Affiliate, (ii) from each position with the any Company and any AffiliateGroup Member, including including, but not limited to, as an officer of the Company or an Affiliate and (iii) as a fiduciary director of any employee benefit plan of the Company and any AffiliateGroup Member.

Appears in 1 contract

Samples: Employment Agreement (Airsculpt Technologies, Inc.)

Removal from any Boards and Positions. Upon Executive’s termination of employment for any reason under this Agreement, Executive shall be deemed to resign (i) if a member, from the Board Company Board, the Bank Board, and the board of directors of any Affiliate and any other board to which Executive has been appointed or nominated by or on behalf of the Company Employer #847499v3_IMAN_ - Xxx First Community Financial Employment Agreement 7 or an Affiliate, (ii) from each position with the Company Employer and any Affiliatethe Affiliates, including as an officer of the Company Employer or an Affiliate the Affiliates, and (iii) as a fiduciary of any employee benefit plan of the Company and any AffiliateEmployer or the Affiliates.

Appears in 1 contract

Samples: Employment Agreement (First Community Financial Partners, Inc.)

Removal from any Boards and Positions. Upon Executive’s Termination prior to the Executive Chairman Retirement Date, Termination for Cause, or termination of employment for any reason under this Agreementdue to death or Disability, Executive shall be deemed to resign (i) if a member, from the Board and the board of directors of any Affiliate and any other board to which Executive has been appointed or nominated by or on behalf of the Company or an Affiliate, (ii) from each position with the Company and any Affiliate, including as an officer of the Company or an Affiliate and (iii) as a fiduciary of any employee benefit plan of the Company and any Affiliate.

Appears in 1 contract

Samples: Transitional Employment Agreement (Heritage Financial Corp /Wa/)

Removal from any Boards and Positions. Upon Executive’s termination of employment for any reason under this Agreement, Executive shall be deemed to resign (i) if a member, from the Bank Board and the board of directors of any Affiliate and any other board to #847539v2_IMAN_ - Xxxxxx First Community Financial Employment Agreement 7 which Executive has been appointed or nominated by or on behalf of the Company Employer or an Affiliate, (ii) from each position with the Company Employer and any Affiliatethe Affiliates, including as an officer of the Company Employer or an Affiliate the Affiliates, and (iii) as a fiduciary of any employee benefit plan of the Company and any AffiliateEmployer or the Affiliates.

Appears in 1 contract

Samples: Employment Agreement (First Community Financial Partners, Inc.)

Removal from any Boards and Positions. Upon Executive’s termination Unless otherwise agreed to in writing by the Parties at the time of employment for any reason under this AgreementTermination, upon a Termination, Executive shall be deemed to resign (i) if a member, from the Bank Board and the board of directors of any Affiliate and any other board to which Executive has been appointed or nominated by or on behalf of the Company or an AffiliateBank, (ii) from each position with the Company and any AffiliateBank, including as an officer of the Company or an Affiliate Bank and (iii) as a fiduciary of any employee benefit plan of the Company and any AffiliateBank.

Appears in 1 contract

Samples: Employment Agreement (Trinity Capital Corp)

Removal from any Boards and Positions. Upon Executive’s termination of employment for any reason under this Agreement, Executive shall be deemed to resign (i) if a member, from the Bank Board and the board of directors of any Affiliate and any other board to which Executive has been appointed or nominated by or on behalf of the Company Employer or an Affiliate, (ii) from each position with the Company Employer and any Affiliatethe Affiliates, including as an officer of the Company Employer or an Affiliate the Affiliates, and (iii) as a fiduciary of any employee benefit plan of the Company and any AffiliateEmployer or the Affiliates.

Appears in 1 contract

Samples: Employment Agreement (First Community Financial Partners, Inc.)

Removal from any Boards and Positions. Upon Executive’s termination of employment for any reason under this Agreement, Executive shall be deemed to resign (i) if a member, from the Bank Board and the Company Board and the board of directors of any Affiliate and any other board to which Executive has been appointed or nominated by or on behalf of the Company Employer or an Affiliate, (ii) from each position with the Company Employer and any Affiliatethe Affiliates, including as an officer of the Company Employer or an Affiliate the Affiliates, and (iii) as a fiduciary of any employee benefit plan of the Company and any AffiliateEmployer or the Affiliates.

Appears in 1 contract

Samples: Employment Agreement (First Community Financial Partners, Inc.)

Removal from any Boards and Positions. Upon If the Executive’s termination of employment is terminated for any reason under this Agreement, Executive he shall be deemed to resign (i) if a member, from the Board and the or board of directors of any Affiliate and subsidiary of the Company or any other board to which Executive he has been appointed or nominated by or on behalf of the Company or an Affiliate, and (ii) from each any position with the Company and or any Affiliatesubsidiary of the Company, including including, but not limited to, as an officer of the Company or an Affiliate and (iii) as a fiduciary any of any employee benefit plan of the Company and any Affiliateits subsidiaries.

Appears in 1 contract

Samples: Employment Agreement (Vanguard Car Rental Group Inc.)

Removal from any Boards and Positions. Upon the Executive’s 's termination of employment for any reason under this Agreement, the Executive shall be deemed to resign (i) if a member, from the Company’s Board and of Directors (the “Board”) or board of directors of any Affiliate and affiliate or any other board to which the Executive has been appointed or nominated by or on behalf of the Company or an AffiliateCompany, (ii) from each any position with the Company and or any Affiliateaffiliate, including including, but not limited to, as an officer of the Company or an Affiliate any of its affiliates, and (iii) as a fiduciary of any employee benefit plan of the Company and any AffiliateCompany.

Appears in 1 contract

Samples: Enhanced Severance Agreement (SPX Corp)

Removal from any Boards and Positions. Upon If the Executive’s termination of employment is terminated for any reason under this Agreement, Executive he shall be deemed to resign (i) if a member, from the Board and of Managers of the Company or board of managers or board of directors of any Affiliate and subsidiary of the Company or any other board to which Executive he has been appointed or nominated by or on behalf of the Company or an Affiliate, and (ii) from each any position with the Company and or any Affiliatesubsidiary of the Company, including including, but not limited to, as an officer of the Company or an Affiliate and (iii) as a fiduciary any of any employee benefit plan of the Company and any Affiliateits subsidiaries.

Appears in 1 contract

Samples: Executive Employment Agreement (Chaas Acquisitions LLC)

Removal from any Boards and Positions. Upon If the Executive’s termination of employment is terminated for any reason under this Agreement, Executive shall be deemed to resign this Agreement will constitute her resignation from (i) if a member, from the Board and the or board of directors of any Affiliate and or any other board to which Executive she has been appointed or nominated by or on behalf of the Company or an AffiliateCompany, (ii) from each any position with the Company and or any Affiliate, including including, but not limited to, as an officer of the Company or an Affiliate any of its Affiliates, and (iii) as a any fiduciary of any employee positions with respect to the Company’s benefit plan of the Company and any Affiliateplans.

Appears in 1 contract

Samples: Employment Agreement (Great Lakes Dredge & Dock CORP)

Removal from any Boards and Positions. Upon If Executive’s termination of employment is terminated by Company for any reason under this AgreementCause or by Executive without Good Reason, then Executive shall be deemed to to, and shall, resign (i) if a member, from the Board and the any board of directors of any Affiliate and any or other board governing body to which Executive he has been appointed or nominated by or on behalf of the Company or an AffiliateGroup, and (ii) from each any position with the Company and any AffiliateGroup, including including, but not limited to, as an officer of the Company or an Affiliate and (iii) as a fiduciary of any employee benefit plan member of the Company and any AffiliateGroup.

Appears in 1 contract

Samples: Employment Agreement (Aceto Corp)

Removal from any Boards and Positions. Upon If Executive’s termination of employment is terminated for any reason under this Agreementreason, then Executive shall be deemed to to, and shall, resign (i) if a member, from the Board and the any board of directors of any Affiliate and any or other board governing body to which Executive he has been appointed or nominated by or on behalf of the Company or an AffiliateCompany, and (ii) from each any position with the Company and Company, SmartKem or any Affiliateof their Affiliates, including including, but not limited to, as an officer of the Company or an Affiliate and (iii) as a fiduciary of any employee benefit plan of the Company and any Affiliateofficer.

Appears in 1 contract

Samples: Employment Agreement (SmartKem, Inc.)

Removal from any Boards and Positions. Upon Executive’s termination of employment for any reason under this Agreement, Executive shall be deemed to resign (i) if a member, from the Board and the board of directors of any Affiliate and any other board to which Executive has been appointed or nominated by or on behalf of the Company Employer or an Affiliate, (ii) from each position with the Company Employer and any Affiliatethe Affiliates, including as an officer of the Company Employer or an Affiliate the Affiliates, and (iii) as a fiduciary of any employee benefit plan of the Company and any AffiliateEmployer or the Affiliates.

Appears in 1 contract

Samples: Employment Agreement (First Community Financial Partners, Inc.)

Removal from any Boards and Positions. Upon If Executive’s termination of employment is terminated for any reason under this Agreement, Executive shall be deemed to resign this Agreement will constitute his automatic resignation from (i) if a member, from the Board and as well as the board of directors of any Affiliate and subsidiary of the Company or any other board to which Executive he has been appointed or nominated by or on behalf of the Company or an AffiliateCompany, (ii) from each any position with the Company and or any Affiliatesubsidiary of the Company, including including, but not limited to, as an officer of the Company or an Affiliate any of its subsidiaries, and (iii) as a any fiduciary of any employee positions with respect to the Company’s benefit plan of the Company and any Affiliateplans.

Appears in 1 contract

Samples: Employment Agreement (Vasco Data Security International Inc)

Removal from any Boards and Positions. Upon Executive’s termination Unless otherwise agreed to in writing by the Parties at the time of employment for any reason under this AgreementTermination, upon a Termination, Executive shall be deemed to resign (i) if a member, from the Board, the Bank Board and the board of directors of any Affiliate and any other board to which Executive has been appointed or nominated by or on behalf of the Company or an Affiliate, (ii) from each position with the Company and any Affiliate, including as an officer of the Company or an Affiliate and (iii) as a fiduciary of any employee benefit plan of the Company and any Affiliate.

Appears in 1 contract

Samples: Employment Agreement (Landmark Bancorp Inc)

Removal from any Boards and Positions. Upon Executive’s termination of employment for any reason under this Agreement, unless otherwise agreed in writing between the Board and Executive, Executive shall be deemed to resign (i) if a member, from the Board and the board of directors of any Affiliate and any other board to which Executive has been appointed or nominated by or on behalf of the Company or an AffiliateEmployer, (ii) from each position with the Company and Employer or any Affiliate, including as an officer of the Company Employer or an Affiliate any of its Affiliates and (iii) as a fiduciary of any employee benefit plan of the Company and any AffiliateEmployer.

Appears in 1 contract

Samples: Employment Agreement (QCR Holdings Inc)

Removal from any Boards and Positions. Upon If Executive’s termination of employment terminates for any reason under this Agreement, Executive shall he will be deemed to resign as applicable (i1) if as a membermember of the Board, from the Board and (2) as a member of the board of directors of any Affiliate and of the Company’s subsidiaries or affiliates, (3) as a member of any other board to which Executive he has been appointed or nominated by or on behalf of the Company Company, and (4) as an officer, as a member of any committee or an Affiliateteam, (ii) and from each any other position with the Company and or any Affiliate, including as an officer of the Company its subsidiaries or an Affiliate and (iii) as a fiduciary of any employee benefit plan of the Company and any Affiliateaffiliates.

Appears in 1 contract

Samples: Employment Agreement (NewPage CORP)

Removal from any Boards and Positions. Upon the Executive’s termination of employment for any reason under this Agreement, the Executive shall be deemed to resign (i) if a member, from the Company’s Board and of Directors (the “Board”) or board of directors of any Affiliate and affiliate or any other board to which the Executive has been appointed or nominated by or on behalf of the Company or an AffiliateCompany, (ii) from each any position with the Company and or any Affiliateaffiliate, including including, but not limited to, as an officer of the Company or an Affiliate any of its affiliates, and (iii) as a fiduciary of any employee benefit plan of the Company and any AffiliateCompany.

Appears in 1 contract

Samples: Form of Severance Benefit Agreement (SPX Corp)

Removal from any Boards and Positions. Upon If Executive’s termination of employment terminates for any reason under this Agreement, Executive shall he will be deemed to resign as applicable (i1) if as a member, from the Board and member of the board of directors of the Company or any Affiliate and of its subsidiaries or affiliates of the Company, (2) as a member of any other board to which Executive he has been appointed or nominated by or on behalf of the Company Company, and (3) as an officer, member of any committee or an Affiliateteam, (ii) and from each any other position with the Company and or any Affiliate, including as an officer of the Company its subsidiaries or an Affiliate and (iii) as a fiduciary of any employee benefit plan of the Company and any Affiliateaffiliates.

Appears in 1 contract

Samples: Employment Agreement (NewPage CORP)

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