Resignation from the Board of Directors. If Executive’s employment with the Employers is terminated for any reason, or if Executive resigns from his Employers employment for any reason, then Executive agrees that he shall tender his resignation from the Boards of Directors of the Employers and any company affiliated with the Employers on which Executive serves as a director at the time of his employment termination or resignation. The decision whether to accept such resignation shall be within the sole discretion of the Board of Directors of the Employers and any such affiliated company.
Resignation from the Board of Directors. Any member of the Board may resign from office by giving notice in writing to the President. • Any Board Member who shall for any reason cease to hold office shall forthwith turn over to the Board of Directors all documents, assets, and properties of the Nurses' Union.
Resignation from the Board of Directors. Section 11. A director may resign at any time upon written notice to the Corporation’s board of directors, chairman of the board of directors, chief executive officer, co-chief executive officer, president or secretary. Any such resignation shall take effect at the time or upon the satisfaction of any condition specified therein or, if no time or condition is specified, upon receipt thereof, and the acceptance of such resignation, unless required by the terms thereof (including for example any resignation contemplated by Section 6(b) of Article II), shall not be necessary to make such resignation effective.
Resignation from the Board of Directors. A member may resign from the Board of Directors upon giving a written letter of resignation to the Board of Directors, and such resignation becomes effective when received by the Board of Directors or at the time specified in the letter of resignation, whichever is later.
Resignation from the Board of Directors. Xxxxxx shall resign from the Board of Directors of the Company, effective as of the Separation Date.
Resignation from the Board of Directors. If the Executive’s employment with Medco ends for any reason, and the Board of Directors requests that the Executive resign from the Board of Directors, the Executive agrees to resign from the Board of Directors immediately upon receipt of such request.
Resignation from the Board of Directors. In exchange for the consideration provided by the Company in this Agreement, you have submitted and the Company accepts your resignation from the Board of Directors of the Company (the “Board”) effective March 31, 2010.
Resignation from the Board of Directors. You will immediately submit your resignation as a director of the Company and the Bank if your employment terminates for any reason, which resignation may be accepted by the Board of Directors of the Company and/or the Bank in their sole discretion.
Resignation from the Board of Directors. If the Director resigns from the Company’s Board of Directors, the Director (or, in the event of the Director’s death, the Director’s legal representative) may, within a period of not more than three (3) months after the effective date of such resignation, exercise the Options if and to the extent they were exercisable at the date of such resignation. In no event may the Options be exercised more than ten (10) years from the date of grant.
Resignation from the Board of Directors. As a condition of receiving the consideration described in this Agreement, the Employee shall submit a letter of resignation from the Board on the Separation Date in the form annexed hereto as Exhibit A.
