Common use of CEO Director Clause in Contracts

CEO Director. If at any time a person serving as the CEO Director ceases to be the chief executive officer of the Company, the Company and the holders of Company Shares agree promptly to act in accordance with the provisions hereof to cause the removal of such director and, at such time as a succeeding chief executive officer of the Company is appointed in conformity with the provisions hereof, the election of such person as the CEO Director. The CEO Director may not be removed, with or without cause, so long as such director continues to serve as the chief executive officer of the Company.

CEO Director. If at any time a person serving as the CEO Director ceases to be the chief executive officer of the Company, the Company and the holders of Company Shares agree Stockholders will act promptly to act in accordance with the provisions hereof to cause use commercially reasonable efforts to (i) obtain the removal resignation of such director and, (ii) at such time as a succeeding chief executive officer of the Company is appointed in conformity with the provisions hereofduly appointed, the election of such elect that person as the CEO Director. The CEO Director may not be removed, with or without cause, so long as such director continues to serve as the chief executive officer of the Company.

CEO Director. If at any time a person serving as the CEO Director ceases to be the chief executive officer of the Company, the Company and the holders of Company Shares agree Stockholders will act promptly to act in accordance with the provisions hereof to (i) cause the removal of such director and, (ii) at such time as a succeeding chief executive officer of the Company is appointed in conformity with the provisions hereofduly appointed, the election of such elect that person as the CEO Director. The CEO Director may not be removed, with or without cause, so long as such director continues to serve as the chief executive officer of the Company.