Change of Executive Chairman Sample Clauses

Change of Executive Chairman. Xxxx Xxxxxx Xxxxxxxx Xxxxxxxx shall replace Xxxx Xxxxxxx Xxxxxxxx Xxxxxxxx as chairman of the Board and chief executive officer of the Group if the Executive Services Agreement entered into among the Company and Xxxx Xxxxxxx Xxxxxxxx Xxxxxxxx is terminated upon death or declared permanent disability of Xxxx Xxxxxxx Xxxxxxxx Xxxxxxxx. In such case, the provisions of this clause 5.4 (The Executive Chairman) and the terms and conditions of the Executive Services Agreement entered into among the Company and Xxxx Xxxxxxx Xxxxxxxx Xxxxxxxx shall apply to Xxxx Xxxxxx Xxxxxxxx Xxxxxxxx. In the event that, for whatever reason, neither Xxxx Xxxxxxx Xxxxxxxx Xxxxxxxx nor Xxxx Xxxxxx Xxxxxxxx Xxxxxxxx is the Executive Chairman in accordance with this Agreement, the Board may resolve that (i) the provisions of this clause 5.4 (The Executive Chairman) shall continue to apply to the new individual appointed as Executive Chairman or (ii) to amend such provisions as the Board may deem fit.
Sample 1
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Change of Executive Chairman. In the event that, for whatever reason, neither Xxxx Xxxxxxx Xxxxxxxx Xxxxxxxx nor Xxxx Xxxxxx Xxxxxxxx Xxxxxxxx is the Executive Chairman in accordance with this Agreement, the Board may resolve that (i) the provisions of this clause 5.5 (The Senior Management) shall continue to apply to the new individual appointed as Executive Chairman or (ii) to amend such provisions as the Board may deem fit.
Sample 1

Related to Change of Executive Chairman

  • Independent Non-Executive Directors Xx. Xxxxxx Xxx Xxxx, Mr. Xxx Xxxxxxx and

  • 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.

  • Change in Control For purposes of this Agreement, a "Change in Control" shall mean any of the following events:

  • Employment of Consultant CONSULTANT will perform as an independent contractor all services under this Contract to the prevailing professional standards consistent with the level of care and skill ordinarily exercised by members of its profession, both public and private, currently practicing in the same locality under similar conditions, including reasonable, informed judgments and prompt, timely action. If CONSULTANT is representing that it has special expertise in one or more areas to be utilized in this Contract, then CONSULTANT agrees to perform those special expertise services to the appropriate local, regional or national professional standards.

  • SEPARATION OF EMPLOYMENT (a) If an employee is discharged by the Employer, he shall be paid in full for all monies owing to him by the Employer on the date of his discharge.

  • Duration of Employment 5.1 A seafarer shall be engaged for the period specified in Appendix 1 to this Agreement and such period may be extended or reduced by the amount shown in Appendix 1 for operational convenience. The employment shall be automatically terminated upon the terms of this Agreement at the first arrival of the ship in port after expiration of that period, unless the Company operates a permanent employment system.

  • Executive Directors (a) The Executive Directors shall be responsible for the conduct of the general operations of the Bank, and for this purpose, shall exercise all the powers delegated to them by the Board of Governors.

  • Record of Employment At the conclusion of the appointment period, the University will provide a record of employment consisting of inclusive dates of appointment(s) and classification(s) if requested by the employee.

  • Categories of Employment 2.3.1 Full-time A full-time employee is an employee who is employed for 37.5 or 40 hours per week.

  • Period of Employment The “Period of Employment” shall be a period of three (3) years commencing on the Effective Date and ending at the close of business on the third anniversary of the Effective Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice at least sixty (60) days prior to the expiration of the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 18). The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good Reason” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

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