Common use of CEO Search Clause in Contracts

CEO Search. The Company (represented by the Company's current chief executive officer and the chairman of the Board's Compensation Committee) and the Investors (represented by an individual designated by Samstock in its sole discretion) shall jointly conduct a search to find a replacement for the individual serving as the Company's chief executive officer as of the date of this Agreement, which search shall commence promptly upon the execution of this Agreement.

Appears in 3 contracts

Samples: Investment Agreement (Samstock LLC), Investment Agreement (Transmedia Network Inc /De/), Investment Agreement (Transmedia Investors LLC)

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CEO Search. The Company (represented by the Company's current chief executive officer and the chairman of the Board's Compensation Committee) and the Investors Purchaser (represented by an individual designated by Samstock Purchaser in its sole discretion) shall jointly jointly, diligently and in good faith conduct a search to find a replacement for the individual serving as the Company's current chief executive officer as of the date of this Agreementofficer, which search shall commence promptly upon following the execution of this Agreement.

Appears in 2 contracts

Samples: Stock Purchase and Sale Agreement (Transmedia Investors LLC), Stock Purchase and Sale Agreement (Chasen Melvin)

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