Common use of Service by Director Clause in Contracts

Service by Director. Director agrees to serve as a member of the Board of Directors of the Company (the “Board”), for the Term, and in consideration of the Compensation and other terms and conditions of this Agreement set forth below. Notwithstanding the foregoing, Director may at any time and for any reason resign from such position, subject to the provisions of this Agreement and any contractual or other obligation imposed by operation of law.

Appears in 3 contracts

Samples: Board of Directors (Helix Wind, Corp.), Service and Indemnification Agreement (Clearview Acquisitions, Inc.), Service and Indemnification Agreement (Clearview Acquisitions, Inc.)

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Service by Director. Director agrees to serve as a non-executive member of the Board of Directors of the Company (the “Board”), for the Term, and in consideration of the Compensation and other terms and conditions of this Agreement set forth below. Notwithstanding the foregoing, Director may at any time and for any reason resign from such position, subject to the provisions of this Agreement and any contractual or other obligation imposed by operation of law.

Appears in 3 contracts

Samples: Board of Directors (Modular Medical, Inc.), Board of Directors (Modular Medical, Inc.), Board of Directors (Modular Medical, Inc.)

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