Replacement/Removal of Committee Members. (a) If the individual holding the position of CEO ceases to hold such position for any reason, such individual will automatically cease to be a Committee Member and the new individual appointed as CEO shall automatically become a Committee Member upon such appointment. For the avoidance of doubt, the CEO cannot be removed by the Covered Persons.
Appears in 4 contracts
Samples: Employee Shareholders’ Agreement, Employee Shareholders’ Agreement (Victory Capital Holdings, Inc.), Employee Shareholders’ Agreement (Brown David Craig)
