Common use of Chief Executive Officer and President Clause in Contracts

Chief Executive Officer and President. The Chief Executive Officer shall have overall responsibility and authority for the Company’s business and financial affairs, subject to the oversight of the Board, and when duly elected by the Board, shall serve as the CEO and as a Board Member. The President shall have responsibility and authority for the Company’s business operations and shall report directly to the Chief Executive Officer. If no President is appointed, the Chief Executive Officer shall have responsibility and authority for the Company’s business operations. All other officers other than the Chairman and all employees and agents shall report directly or indirectly to the Chief Executive Officer or the President. Pursuant to guidelines and policies approved by the Board, subject to Section 7.4(f), the Chief Executive Officer and the President may execute agreements and contracts on behalf of the Company.

Appears in 6 contracts

Samples: Third Fourth, Limited Liability Company Agreement, Limited Liability Company Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.