Acting Chief Executive Officer Sample Clauses

Acting Chief Executive Officer. If the Chief Executive Officer is suspended by the Board of Directors in accordance with sub-paragraph 12.7(b) or incapacitated or the office of the Chief Executive Officer becomes vacant for any reason, the Board of Directors shall designate an Acting Chief Executive Officer and shall permit the interim arrangement of Acting Chief Executive Officer for a period of up to three months. Following consultations with the Chair of the General Meeting, the Board may extend the interim arrangement of Acting Chief Executive Officer up to the date of the next ordinary General Meeting unless the Chair of the General Meeting objects to the extension. If the Chair of the General Meeting objects to the extension, the Chair of the General Meeting shall convene an extraordinary meeting of the General Meeting within thirty (30) days of the date of objection. The Acting Chief Executive Officer in the meantime shall exercise the powers and duties of the office of the Chief Executive Officer. The nationality requirements of the Chief Executive Officer shall not apply to the Acting Chief Executive Officer.
Sample 1
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Acting Chief Executive Officer. You have been appointed to serve as acting Chief Executive Officer of the Company and Bxx Xxxxxxxx has stepped down from this role. You will report to me as the Executive Chairman. Subject to meeting agreed upon performance criteria and objectives, the plan will be for you to serve in this role for the next six (6) month period effective as of August 1, 2004. The initial performance criteria and objectives that we have mutually agreed to with you are set forth on Exhibit A to this letter. At the end of this six (6) month period, the Board of Directors will re-assess this arrangement with you. As you know, your Executive Employment Agreement, dated February 26, 2003, permits certain changes in duties and positions with the Company. This letter is designed to provide a general understanding as to your role in the Company over this period of time and nothing in this letter is intended to amend or modify your Executive Employment Agreement, or to confer any right to fill a specific executive position or perform certain duties for the Company.
Sample 1

Related to Acting Chief Executive Officer

  • Chief Executive Officer The Chief Executive Officer shall, under the direction of the Member and Board of Managers, perform all duties incident to the office of Chief Executive Officer, have general charge of the business, affairs and property of the LLC and general supervision over the other Officers and any of the LLC's employees and agents and see that all orders and resolutions of the LLC are carried into effect.

  • The Chief Executive Officer The Chief Executive Officer or, if no Chief Executive Officer is elected, the President, subject to the direction of the Board of Directors, shall have direct charge of and general supervision over the day-to-day business and affairs of the Company.

  • President and Chief Executive Officer The president shall be the chief executive officer of the Trust, unless the Board of Trustees designates the chairman as chief executive officer. The chief executive officer shall see that all orders and resolutions of the Board of Trustees are carried into effect. The chief executive officer shall also be the chief administrative officer of the Trust and shall perform such other duties and have such other powers as the Board of Trustees may from time to time prescribe.

  • Chief Executive Offices The chief executive office of each Loan Party is located at the address set forth in Schedule 2 hereto.

  • Chief Executive Office The chief executive office of Seller is located at 000 Xxxxxx Xxxxxx, Xxxxx 0000, Xxxx Xxxxx, Xxxxx 00000.

  • Location of Chief Executive Office FEIN. The chief executive office of each Borrower is located at the address indicated in Schedule 5.7 and each Borrower's FEIN is identified in Schedule 5.7.

  • President Unless the Trustees otherwise provide, the President shall preside at all meetings of the shareholders and of the Trustees. Unless the Trustees otherwise provide, the President shall be the chief executive officer.

  • Chief Executive Officer and Director Notification Requirement If the Recipient is a Chief Executive Officer (“CEO”) or a director, associate director or shadow director of the Company’s Singapore Affiliate, the Recipient is subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify the Company’s Singapore Affiliate in writing when the Recipient receives an interest (e.g., the Awards, Shares, etc.) in the Company or any Affiliates within two business days of (i) its acquisition or disposal, (ii) any change in a previously disclosed interest (e.g., when Shares are sold), or (iii) becoming a CEO, director, associate director or shadow director. SOUTH AFRICA

  • Chief Executive Office; Records The chief executive office of such Assignor is located at the address or addresses indicated on Annex A hereto for such Assignor. Such Assignor will not move its chief executive office except to such new location as such Assignor may establish in accordance with the last sentence of this Section 2.4. The originals of all documents evidencing all Receivables and Contract Rights of such Assignor and the only original books of account and records of such Assignor relating thereto are, and will continue to be, kept at such chief executive office, at one or more of the locations set forth on Annex A hereto or at such new locations as such Assignor may establish in accordance with the last sentence of this Section 2.4. All Receivables and Contract Rights of such Assignor are, and will continue to be, maintained at, and controlled and directed (including, without limitation, for general accounting purposes) from, the office locations described above or such new location established in accordance with the last sentence of this Section 2.4. No Assignor shall establish new locations for such offices until it shall have given to the Collateral Agent notice of its intention to do so unless (i) such Assignor shall give to the Collateral Agent written notice of any such relocation of its chief executive office within 10 days following such relocation, clearly describing such new location and providing such other information in connection therewith as the Collateral Agent may reasonably request and (ii) with respect to such new location, it shall take all action, reasonably satisfactory to the Collateral Agent, to maintain the security interest of the Collateral Agent in the Collateral intended to be granted hereby at all times fully perfected and in full force and effect.

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