Common use of Resignation from the Board Clause in Contracts

Resignation from the Board. Executive understands and agrees that if he is a member of the Board at the time his employment with the Company terminates, whether with or without cause and whether voluntary or involuntary, and as a further condition of his receipt of any severance benefits to which he otherwise might be entitled under this Agreement, he will submit his resignation as a member of the Board effective as of his last day of employment.

Resignation from the Board. Executive understands and agrees that if he is a member Upon termination of the Board at the time his Executive’s employment with the Company terminatesfor any reason, whether with or without cause and whether voluntary or involuntary, and as a further condition of his receipt of any severance benefits to which he otherwise might be entitled under this Agreement, he will submit Executive shall offer his resignation as a member of the Board effective and as an officer or director of his last day any subsidiary or affiliate of employmentthe Company in which he holds such positions.

Resignation from the Board. Executive understands and agrees that if he is a member Upon termination of the Board at the time his Executive’s employment with the Company terminatesfor any reason, whether with or without cause and whether voluntary or involuntary, and as a further condition of his receipt of any severance benefits to which he otherwise might be entitled under this Agreement, he will submit Executive shall offer his resignation as a member of the Board effective and as an officer or director of his last day any subsidiary or affiliate of employmentthe Company in which he/she holds such positions.

Resignation from the Board. Executive understands and agrees that if he is a member Upon termination of the Board at the time his Executive's -------------------------- employment with the Company terminatesfor any reason, whether with or without cause and whether voluntary or involuntary, and as a further condition of his receipt of any severance benefits to which he otherwise might be entitled under this Agreement, he will submit Executive shall offer his resignation as a member of the Board effective and as an officer or director of his last day any subsidiary or affiliate of employmentthe Company in which he holds such positions.