Elective Positions. Nothing contained in this Agreement shall be construed to abrogate, limit or affect the powers, rights and privileges of the Board of Directors to remove The Executive as Chairman of the Board, President or Chief Executive Officer of the Company, with or without cause. Similarly, nothing in this Agreement shall prevent the Board of Directors from electing or appointing a person other than The Executive as Chairman of the Board, President, or Chief Executive Officer, as provided by law and the Company’s Bylaws.
Appears in 5 contracts
Samples: Employment Agreement (American Basketball Association, Inc.), Employment Agreement (American Basketball Association, Inc.), Employment Agreement (American Basketball Association, Inc.)
