Common use of Resignation or Termination Clause in Contracts

Resignation or Termination. Upon the Employee's resignation or ---------------------------- termination as Chief Executive Officer during the Term (as hereinafter defined) of this Agreement, the Employee shall become a non-executive officer of the Company for a period of thirty-six (36) months from the date of such resignation or termination.

Appears in 1 contract

Samples: Howard Pinsley Agreement (Espey MFG & Electronics Corp)

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Resignation or Termination. Upon the Employee's resignation -------------------------- or ---------------------------- termination as Chief Executive Officer during the Term (as hereinafter defined) of this Agreement, the Employee shall become a non-executive officer of the Company for a period of thirty-six (36) months from the date of such resignation or termination.

Appears in 1 contract

Samples: Pinsley Agreement (Espey MFG & Electronics Corp)

Resignation or Termination. Upon the Employee's resignation or ---------------------------- termination as Chief Executive Officer during the Term (as hereinafter defined) of this Agreement, the Employee shall become a non-executive officer of the Company for a period of thirty-six (36) months from the date of such resignation or termination.

Appears in 1 contract

Samples: Howard Pinsley Agreement (Espey MFG & Electronics Corp)

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Resignation or Termination. Upon the Employee's resignation or -- ---------------------------- termination as President and Chief Executive Officer during the Term (as hereinafter defined) of this Agreement, the Employee shall become a non-executive officer of the Company for a period of thirty-six (36) months from the date of such resignation or termination.

Appears in 1 contract

Samples: Pinsley Agreement (Espey MFG & Electronics Corp)

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