Resignation Clause Example with 13 Variations from Business Contracts

This page contains Resignation clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Resignation. The termination of the Executive's employment for any reason will also constitute, without any further required action by the Executive, the Executive's voluntary resignation from all officer and/or director positions held at any member of the Company Group, and at the Board's request, the Executive will execute any documents reasonably necessary to reflect the resignations. 11. Miscellaneous Provisions. (a) No Duty to Mitigate. The Executive will not be required to mitigate the amount of any pa...yment contemplated by this Agreement, nor will any payment be reduced by any earnings that the Executive may receive from any other source except as specified in Section 3(e). (b) Waiver; Amendment. No provision of this Agreement will be modified, waived or discharged unless the modification, waiver or discharge is agreed to in writing and signed by an authorized officer of the Company (other than the Executive) and by the Executive. No waiver by either party of any breach of, or of compliance with, any condition or provision of this Agreement by the other party will be considered a waiver of any other condition or provision or of the same condition or provision at another time. (c) Headings. All captions and section headings used in this Agreement are for convenient reference only and do not form a part of this Agreement. (d) Entire Agreement. This Agreement constitutes the entire agreement of the parties and supersedes in their entirety all prior representations, understandings, undertakings or agreements (whether oral or written and whether expressed or implied) of the parties with respect to the subject matter of this Agreement, including, for the avoidance of doubt, any other employment letter or agreement, severance policy or program, or equity award agreement. (e) Choice of Law. This Agreement will be governed by the laws of the State of California without regard to California's conflicts of law rules that may result in the application of the laws of any jurisdiction other than California. To the extent that any lawsuit is permitted under this Agreement, Employee hereby expressly consents to the personal and exclusive jurisdiction and venue of the state and federal courts located in California for any lawsuit filed against the Executive by the Company. (f) Arbitration. Any and all controversies, claims, or disputes with anyone under this Agreement (including the Company and any employee, officer, director, stockholder or benefit plan of the Company in their capacity as such or otherwise) arising out of, relating to, or resulting from the Executive's employment with the Company Group, shall be subject to arbitration in accordance with the provisions of the Confidentiality Agreement. (g) Severability. The invalidity or unenforceability of any provision or provisions of this Agreement will not affect the validity or enforceability of any other provision of this Agreement, which will remain in full force and effect. (h) Withholding. All payments and benefits under this Agreement will be paid less applicable withholding taxes. The Company is authorized to withhold from any payments or benefits all federal, state, local, and/or foreign taxes required to be withheld from the payments or benefits and make any other required payroll deductions. No member of the Company Group will pay the Executive's taxes arising from or relating to any payments or benefits under this Agreement. (i) Counterparts. This Agreement may be executed in counterparts, each of which will be deemed an original, but all of which together will constitute one and the same instrument. View More

Variations of a "Resignation" Clause from Business Contracts

Resignation. The Upon the termination of the Executive's employment for any reason reason, Executive will also constitute, without any further required action by the Executive, the Executive's voluntary resignation be deemed to have resigned from all officer and/or director positions held at the Company and its affiliates voluntarily, without any member further required action by Executive, as of the Company Group, end of Executive's employment and Executive, at the Board's request, the Executive will execut...e any documents reasonably necessary to reflect the resignations. 11. Executive's resignation. 10. Miscellaneous Provisions. (a) No Duty to Mitigate. The Executive will not be required to mitigate the amount of any payment contemplated by this Agreement, nor will any such payment be reduced by any earnings that the Executive may receive from any other source except as specified in Section 3(e). source. (b) Waiver; Amendment. Waiver. No provision of this Agreement will be modified, waived or discharged unless the modification, waiver or discharge is agreed to in writing and signed by Executive and by an authorized officer of the Company (other than the Executive) and by the Executive. Executive). No waiver by either party of any breach of, or of compliance with, any condition or provision of this Agreement by the other party will be considered a waiver of any other condition or provision or of the same condition or provision at another time. (c) Headings. All captions and section headings used in this Agreement are for convenient reference only and do not form a part of this Agreement. (d) Entire Agreement. This Agreement constitutes the entire agreement of the parties hereto and supersedes in their entirety all prior representations, understandings, undertakings or agreements (whether oral or written and whether expressed or implied) of the parties parties, including but not limited to the Offer Letter entered into between you and the Company dated , 2019, and any accelerated vesting and post-termination exercisability provisions set forth in your equity award agreements (to the extent modified by this Agreement), in each case with respect to the subject matter hereof. No waiver, alteration, or modification of any of the provisions of this Agreement, including, for Agreement will be binding unless in writing and signed by duly authorized representatives of the avoidance of doubt, any other employment letter or agreement, severance policy or program, or equity award agreement. parties hereto and which specifically mention this Agreement. (e) Choice of Law. This The validity, interpretation, construction and performance of this Agreement will be governed by the laws of the State of California without regard to California's conflicts (with the exception of law rules that may result in its conflict of laws provisions). Any claims or legal actions by one party against the application other arising out of the laws of any jurisdiction other than California. To relationship between the extent that any lawsuit is permitted parties contemplated herein (whether or not arising under this Agreement, Employee Agreement) will be commenced or maintained in any state or federal court located in Santa Clara County, California, and Executive and the Company hereby expressly consents submit to the personal and exclusive jurisdiction and venue of the state and federal courts located in California for any lawsuit filed against the Executive by the Company. such court. (f) Arbitration. Any and all controversies, claims, or disputes with anyone under this Agreement (including the Company and any employee, officer, director, stockholder or benefit plan of the Company in their capacity as such or otherwise) arising out of, relating to, or resulting from the Executive's employment with the Company Group, shall be subject to arbitration in accordance with the provisions of the Confidentiality Agreement. (g) Severability. The invalidity or unenforceability of any provision or provisions of this Agreement will not affect the validity or enforceability of any other provision of this Agreement, hereof, which will remain in full force and effect. (h) (g) Withholding. All payments and benefits under made pursuant to this Agreement will be paid less subject to withholding of applicable withholding income, employment and other taxes. The Company is authorized to withhold from any payments or benefits all federal, state, local, and/or foreign taxes required to be withheld from the payments or benefits and make any other required payroll deductions. No member of the Company Group will pay the Executive's taxes arising from or relating to any payments or benefits under this Agreement. (i) (h) Counterparts. This Agreement may be executed in counterparts, each of which will be deemed an original, but all of which together will constitute one and the same instrument. View More
Resignation. The Upon the termination of the Executive's employment for any reason reason, Executive will also constitute, without any further required action by the Executive, the Executive's voluntary resignation be deemed to have resigned from all officer and/or director positions held at the Company and its Affiliates voluntarily, without any member further required action by Executive, as of the Company Group, end of Executive's employment and Executive, at the Board's request, the Executive will execut...e any documents reasonably necessary to reflect the resignations. 11. Executive's resignation. -11- 14. Miscellaneous Provisions. (a) No Duty to Mitigate. The Executive will not be required to mitigate the amount of any payment contemplated by this Agreement, nor will any such payment be reduced by any earnings that the Executive may receive from any other source except as specified in Section 3(e). source. (b) Waiver; Amendment. Waiver. No provision of this Agreement will be modified, waived or discharged unless the modification, waiver or discharge is agreed to in writing and signed by Executive and by an authorized officer of the Company (other than the Executive) and by the Executive. Executive). No waiver by either party of any breach of, or of compliance with, any condition or provision of this Agreement by the other party will be considered a waiver of any other condition or provision or of the same condition or provision at another time. (c) Headings. All captions and section headings used in this Agreement are for convenient reference only and do not form a part of this Agreement. (d) Entire Agreement. This Agreement Agreement, together with the terms of the Offer Letter and any Equity Award or Equity Award agreements that do not pertain to the provision of payments or benefits in connection with a termination of employment and/or an event that constitutes a Change of Control, constitutes the entire agreement of the parties hereto and supersedes in their entirety all prior representations, understandings, undertakings or agreements (whether oral or written and whether expressed or implied) of the parties with respect to the subject matter hereof, including, but not limited to, the Prior Agreement and terms within the Offer Letter that provide for payments or benefits in connection with a termination of employment and/or an event that constitutes a Change of Control. No waiver, alteration, or modification of any of the provisions of this Agreement, including, for Agreement will be binding unless in writing and signed by duly authorized representatives of the avoidance of doubt, any other employment letter or agreement, severance policy or program, or equity award agreement. parties hereto and which specifically mention this Agreement. (e) Choice of Law. This The validity, interpretation, construction and performance of this Agreement will be governed by the laws of the State of California without regard to California's conflicts (with the exception of law rules that may result its conflict of laws provisions). Any claims or legal actions by one party against the other arising out of the relationship between the parties contemplated herein (whether or not arising under this Agreement) will be commenced or maintained in any state or federal court located in the application of jurisdiction where Executive resides, and Executive and the laws of any jurisdiction other than California. To the extent that any lawsuit is permitted under this Agreement, Employee Company hereby expressly consents submit to the personal and exclusive jurisdiction and venue of the state and federal courts located in California for any lawsuit filed against the Executive by the Company. such court. (f) Arbitration. Any and all controversies, claims, or disputes with anyone under this Agreement (including the Company and any employee, officer, director, stockholder or benefit plan of the Company in their capacity as such or otherwise) arising out of, relating to, or resulting from the Executive's employment with the Company Group, shall be subject to arbitration in accordance with the provisions of the Confidentiality Agreement. (g) Severability. The invalidity or unenforceability of any provision or provisions of this Agreement will not affect the validity or enforceability of any other provision of this Agreement, hereof, which will remain in full force and effect. (h) (g) Withholding. All payments and benefits under made pursuant to this Agreement will be paid less subject to withholding of applicable withholding income and employment taxes. The Company is authorized to withhold from any payments or benefits all federal, state, local, and/or foreign taxes required to be withheld from the payments or benefits and make any other required payroll deductions. No member of the Company Group will pay the Executive's taxes arising from or relating to any payments or benefits under this Agreement. (i) (h) Counterparts. This Agreement may be executed in counterparts, each of which will be deemed an original, but all of which together will constitute one and the same instrument. View More
Resignation. The termination of the Executive's employment for any reason also will also constitute, without any further required action by the Executive, the Executive's voluntary resignation from all officer and/or director positions held at any member of the Company Group, or any of its subsidiaries or affiliates, and at the Board's request, the Executive will execute any documents reasonably necessary to reflect the resignations. 11. Miscellaneous Provisions. (a) No Duty to Mitigate. The Executive will n...ot be required to mitigate the amount of any payment contemplated by this Agreement, nor will any payment be reduced by any earnings that the Executive may receive from any other source except as specified in Section 3(e). Sections 3(d), 5(d) and 6. (b) Waiver; Amendment. No provision of this Agreement will be modified, waived or discharged unless the modification, waiver or discharge is agreed to in writing and signed by an authorized officer of the Company (other than the Executive) and by the Executive. No waiver by either party of any breach of, or of compliance with, any condition or provision of this Agreement by the other party will be considered a waiver of any other condition or provision or of the same condition or provision at another time. (c) Headings. All captions Headings are provided herein for convenience only, and section headings used in this Agreement are will not serve as a basis for convenient reference only and do not form a part interpretation or construction of this Agreement. (d) Entire Agreement. This Agreement Agreement, together with the Confidentiality Agreement, constitutes the entire agreement of the parties and supersedes in their entirety all prior representations, understandings, undertakings or agreements (whether oral or written and whether expressed or implied) of the parties with respect to the subject matter of this Agreement, including, for the avoidance of doubt, any other employment letter or agreement, severance policy or program, or equity award agreement. Agreement. (e) Choice of Governing Law. This Agreement will be governed by the laws of the State of California but without regard to California's conflicts the conflict of law rules that may result in the application of the laws of any jurisdiction other than California. provision. To the extent that any lawsuit is permitted with respect to any provisions under this Agreement, Employee Executive hereby expressly consents to the personal and exclusive jurisdiction and venue of the state and federal courts located in the State of California for any lawsuit filed against the Executive by the Company. (f) Arbitration. Any and all controversies, claims, or disputes with anyone under this Agreement (including the Company and any employee, officer, director, stockholder or benefit plan of the Company in their capacity as such or otherwise) arising out of, relating to, or resulting from the Executive's employment with the Company Group, shall be subject to arbitration in accordance with the provisions of the Confidentiality Agreement. (g) Severability. The invalidity or unenforceability of If any provision or provisions of this Agreement is or becomes or is deemed to be invalid, illegal, or unenforceable for any reason, such invalidity, illegality, or unenforceability will not affect the validity or enforceability of any other provision remaining parts of this Agreement, which will remain in full force and effect. (h) Withholding. All payments and benefits under this Agreement will be paid less applicable withholding taxes. construed and enforced as if the invalid, illegal, or unenforceable provision had not been included. (g) Withholding. The Company is authorized (and any parent, subsidiary or other affiliate of the Company, as applicable) will have the right and authority to withhold deduct from any payments or benefits all applicable federal, state, local, and/or foreign non‐U.S. taxes required to be withheld from the payments or benefits and make any other required withholdings and payroll deductions. No member deductions ("Withholdings"). Prior to the payment of any amounts or provision of any benefits under this Agreement, the Company (and any parent, subsidiary or other affiliate of the Company, as applicable) is permitted to deduct or withhold, or require Executive to remit to the Company, an amount sufficient to satisfy any applicable Withholdings with respect to such payments and benefits. Neither the Company nor any parent, subsidiary or other affiliate of the Company Group will have any responsibility, liability or obligation to pay the Executive's taxes arising from or relating to any payments or benefits under this Agreement. (i) (h) Counterparts. This Agreement may be executed in counterparts, each of which will be deemed an original, but all of which together will constitute one and the same instrument. View More