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Chairman and CEO Sample Clauses

Chairman and CEO. (a) The chairman of the Board shall be appointed by the majority of the Board, including the affirmative vote of the Preferred Director, and shall initially be Xxxxxxxxx Xxxx. Notwithstanding the foregoing, in the event that Xxxxxx Xxxx (i) no longer serves as the CEO of the Company for any reason, and (ii) continues to have the right to appoint either the First Major Shareholder Director or the Second Major Shareholder Director, then each of the parties hereto shall direct its director nominee to appoint Xxxxxx Xxxx as Chairman. (b) The CEO of the Company shall be appointed by the majority of the Board, including the affirmative vote of the Preferred Director.
Chairman and CEO. You shall perform your services on a full-time basis. We understand that you will work remotely in the interim with a commitment to fully relocate to San Diego, CA within 12 months of your commencement of employment with the Company and will make reasonable efforts to travel to the Company’s headquarters as needed for key meetings and activities. This is an exempt position. • START DATE. Your start date will be on or after TUESDAY, JANUARY 5, 2021 (“Start Date”). This offer, if not accepted, will expire at the close of business on MONDAY, NOVEMBER 9, 2020. • COMPENSATION. Your initial compensation will be as follows: • BASE SALARY. The semi-monthly pay for this position is $17,916.67, equivalent to an annual base salary of $430,000 less applicable taxes and other withholdings according to the Company’s normal payroll practices. Your base salary will be subject to review for potential increase at least annually. • ANNUAL BONUS. Commencing in 2021, you may also be eligible for a bonus of up to 35% of your base salary (with 35% being your “Target Bonus Amount”), prorated for days worked based on your Start Date if your Start Date is delayed beyond January 5, 2021, subject to the approval by the Board of Directors and achievement of corporate and individual performance goals. Any bonus will be paid no later than the March 15 after the end of the calendar year to which the bonus relates.
Chairman and CEO i. Effective as of the Effective Time, Xx. Xxxxxx shall continue to serve as President and Chief Executive Officer of the Corporation and as Chief Executive Officer of the Corporation’s subsidiary, First Horizon Bank (“First Horizon Bank”) and Xx. Xxxx shall become the Executive Chairman of the Boards of Directors of the Corporation and of First Horizon Bank. ii. Upon the earlier of (i) the death, resignation, removal, disqualification or other cessation of service by Xx. Xxxx as Chairman of the Boards of Directors of the Corporation and of First Horizon Bank, and (ii) the date that is two (2) years after the Closing Date, Xx. Xxxxxx shall succeed Xx. Xxxx as the Chairman of the Board of Directors of the Corporation and of First Horizon Bank (the date of such succession, the “Chairman Succession Date”). From the Chairman Succession Date through the earlier of (i) the death, resignation, removal, disqualification or other cessation of service by Xx. Xxxx, and (ii) the date that is five (5) years after the Closing Date, Xx. Xxxx shall serve as a senior advisor to the Corporation and to First Horizon Bank. The Corporation may enter into or amend appropriate agreements or arrangements with Xx. Xxxxxx and Xx. Xxxx in connection with the subject matter of this Section 3.17(b) (any such agreement or arrangement, as may be amended, supplemented or modified from time to time, an “Employment Agreement”). iii. Prior to the date that is the third (3rd) anniversary of the Closing Date (such date, the “Expiration Date”), (i) the removal of Xx. Xxxx from, or the failure to appoint or re-elect Xx. Xxxx to, any of the positions specifically provided for in this Section 3.17 and in any Employment Agreement with Xx. Xxxx at the times specifically provided for in this Section 3.17 or in any Employment Agreement with Xx. Xxxx, or (ii) the removal of Xx. Xxxxxx from, or the failure to appoint or re-elect Xx. Xxxxxx to, any of the positions specifically provided for in this Section 3.17 and in any Employment Agreement with Xx. Xxxxxx at the times specifically provided for in this Section 3.17 or in any Employment Agreement with Xx. Xxxxxx, shall each require the affirmative vote of at least 75% of the entire Board of Directors.
Chairman and CEO. The Board of Directors shall appoint one ----------- ---------------- of its members to be the Chairman and CEO to serve at the pleasure of the Board. He shall be a voting member of the Board of Directors and shall preside at all meetings of the Board of Directors, the Executive
Chairman and CEO s/ Xxxxx Xxxxxxxx ----------------------------------------- XXXXX XXXXXXXX, Ph.D.
Chairman and CEO s/ Xxxxxxxx Xxxxxx ---------------------------------------- Xx. Xxxxxxxx Xxxxxx
Chairman and CEO. You shall perform your services on a full-time basis. We understand that you will work remotely, and will make reasonable efforts to travel to the Company’s headquarters as needed for key meetings and activities. This is an exempt position. • Compensation. Your initial compensation will be as follows: o Base Salary. The semi-monthly pay for this position is $18,076.92, equivalent to an annual base salary of $470,000 less applicable taxes and other withholdings according to the Company’s normal payroll practices. Your base salary will be subject to review for potential increase at least annually. o
Chairman and CEO. You shall perform your services on a full-time basis. We understand that you will work remotely in the interim with a commitment to fully relocate to San Diego, CA within 12 months of your commencement of employment with the Company and will make reasonable efforts to travel to the Company’s headquarters as needed for key meetings and activities. This is an exempt position. ● COMPENSATION. Your initial compensation will be as follows: o BASE SALARY. The semi-monthly pay for this position is $18,454.17, equivalent to an annual base salary of $442,900.00 less applicable taxes and other withholdings according to the Company’s normal payroll practices. Your base salary will be subject to review for potential increase at least annually.
Chairman and CEO. 7.3.1 The Chairman of the Board shall be appointed by the Board and shall initially be Xxxxx Xxxxxx. If the Chairman is not present at any Board meeting, the Directors present may appoint any one of their number to act as Chairman for the purpose of the meeting. 7.3.2 The CEO shall be appointed by BP. The first CEO shall be Xxxxx Xxxxxx.

Related to Chairman and CEO

  • Executive Director (a) The HMO must employ a qualified individual to serve as the Executive Director for its HHSC HMO Program(s). Such Executive Director must be employed full-time by the HMO, be primarily dedicated to HHSC HMO Program(s), and must hold a Senior Executive or Management position in the HMO’s organization, except that the HMO may propose an alternate structure for the Executive Director position, subject to HHSC’s prior review and written approval. (b) The Executive Director must be authorized and empowered to represent the HMO regarding all matters pertaining to the Contract prior to such representation. The Executive Director must act as liaison between the HMO and the HHSC and must have responsibilities that include, but are not limited to, the following: (1) ensuring the HMO’s compliance with the terms of the Contract, including securing and coordinating resources necessary for such compliance; (2) receiving and responding to all inquiries and requests made by HHSC related to the Contract, in the time frames and formats specified by HHSC. Where practicable, HHSC must consult with the HMO to establish time frames and formats reasonably acceptable to the Parties; (3) attending and participating in regular HHSC HMO Executive Director meetings or conference calls; (4) attending and participating in regular HHSC Regional Advisory Committees (RACs) for managed care (the Executive Director may designate key personnel to attend a RAC if the Executive Director is unable to attend); (5) making best efforts to promptly resolve any issues identified either by the HMO or HHSC that may arise and are related to the Contract; (6) meeting with HHSC representative(s) on a periodic or as needed basis to review the HMO’s performance and resolve issues, and (7) meeting with HHSC at the time and place requested by HHSC, if HHSC determines that the HMO is not in compliance with the requirements of the Contract.

  • Managing Director 1. The Managing Director shall be appointed by the Board of Governors from among candidates having the nationality of an ESM Member, relevant international experience and a high level of competence in economic and financial matters. Whilst holding office, the Managing Director may not be a Governor or Director or an alternate of either. 2. The term of office of the Managing Director shall be five years. He or she may be re-appointed once. The Managing Director shall, however, cease to hold office when the Board of Governors so decides. 3. The Managing Director shall chair the meetings of the Board of Directors and shall participate in the meetings of the Board of Governors. 4. The Managing Director shall be chief of the staff of the ESM. He or she shall be responsible for organising, appointing and dismissing staff in accordance with staff rules to be adopted by the Board of Directors. 5. The Managing Director shall be the legal representative of the ESM and shall conduct, under the direction of the Board of Directors, the current business of the ESM.

  • Chairman and Secretary The Local Union shall select the Union representatives and the Chapter shall select the management representatives.

  • Chairman of the Board The Chairman of the Board shall preside at all meetings of the Board of Directors and of the unitholders of the MLP; and he shall have such other powers and duties as from time to time may be assigned to him by the Board of Directors.

  • Xxxxxxx, President Xxxxx X.

  • Xxxxxx, President s/ Xxxxx Xxxx ---------------------------------- Xxxxx Xxxx

  • Xxxxxxxx, President ACKNOWLEDGED AND ACCEPTED -------------------------

  • 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.

  • Chairman An individual (who need not be a Registered Warrantholder) designated in writing by the Warrant Agent shall be chairman of the meeting and if no individual is so designated, or if the individual so designated is not present within fifteen minutes from the time fixed for the holding of the meeting, the Registered Warrantholders present in person or by proxy shall choose an individual present to be chairman.

  • Xxxxxxxxx President Secretary-Treasurer Bricklayers & Allied Craftworkers