Change in CEO definition

Change in CEO means the first appointment or election after the Effective Date of a Chief Executive Officer of the Company not serving in such position immediately prior to such appointment or election.
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Change in CEO means C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ceasing to be the CEO of Aleph Cayman;
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Change in CEO means the first appointment of a new CEO following the Effective Date and on or prior to the third anniversary of the Effective Date.
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Examples of Change in CEO in a sentence

  • The 24-month extension described in this Section 1.03 shall take effect regardless of whether, before or after the effective date of a Change in Control or Change in CEO, Executive or the Company has given written notice of intent not to extend the term of the Agreement pursuant to Section 1.02 or there has occurred a termination of Executive's employment, provided the term of the Agreement has not yet expired as of such effective date.

  • In the event that any Change in Control or a Change in CEO occurs during the Initial Term or any Successive Period, upon the effective date of such Change in Control or Change in CEO the term of this Agreement shall automatically be extended for a period of 24 months from the effective date of such Change in Control or Change in CEO, as the case may be (an "Extended Term").

  • Pursuant to Good Reason definition (g), any such termination pursuant to this Section 6.5(b) shall be made by Executive providing written notice to the Company within 180 days after a Change in CEO during the initial Term.

  • The Board believes it is imperative to diminish the inevitable distraction of the Employee by virtue of the personal uncertainties and risks created by the Change in CEO and to encourage the Employee's full attention and dedication to the Company and to provide the Employee with compensation and benefits arrangements which ensure that the compensation and benefits expectations of the Employee will be satisfied and are competitive with those of other corporations.


More Definitions of Change in CEO

Change in CEO means the replacement of ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ as Chief Executive Officer of Gen-Probe; provided, however that (a) no Change-in-CEO will occur if the successor to ▇▇. ▇▇▇▇▇▇▇▇ has been an employee of Gen-Probe for at least the one-year period preceding the date on which he or she is appointed CEO and (b) no Change-in-CEO will occur if ▇▇. ▇▇▇▇▇▇▇▇ remains as Chairman of Gen-Probe. In the event that ▇▇. ▇▇▇▇▇▇▇▇ does not remain as Chairman, and his successor as President and CEO has not been an employee of Gen-Probe for at least one year before the later of ▇▇. ▇▇▇▇▇▇▇▇'▇ termination as (i) President and CEO or (ii) Chairman, then DiagnoCure shall have the option for a period of six months to terminate the right of the President and CEO of Gen-Probe, pursuant to Section 6.5.2, to make the final decision in order to resolve a Program Dispute.
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Related to Change in CEO

  • Change in Capitalization means any increase or reduction in the number of Shares, or any change (including, but not limited to, in the case of a spin-off, dividend or other distribution in respect of Shares, a change in value) in the Shares or exchange of Shares for a different number or kind of shares or other securities of the Company or another corporation, by reason of a reclassification, recapitalization, merger, consolidation, reorganization, spin-off, split-up, issuance of warrants or rights or debentures, stock dividend, stock split or reverse stock split, cash dividend, property dividend, combination or exchange of shares, repurchase of shares, change in corporate structure or otherwise.

  • Change in Use means altering the purpose of an existing room, within the facility, that requires structural changes.

  • Change in Control Termination means that while this Agreement is in effect:

  • Change in Management will occur if more than 50% of the Leadership Team is terminated and/or resigns within 12 months after the date of the occurrence of a Change of Control; provided, in each case, that termination and/or resignation of such officer will not include (i) a change in such officer’s status in the ordinary course of succession so long as such officer remains affiliated with the Manager or its Subsidiaries as an officer or director, or in a similar capacity, (ii) retirement of any officer or (iii) death or incapacitation of any officer.

  • Change in Control Date means the date on which a Change in Control occurs.