Chief Executive Partner definition
Examples of Chief Executive Partner in a sentence
The Chief Executive Partner shall then submit the Budget and Plan to the Management Committee and the Management Committee shall then meet to review and approve the same (the "BUDGET MEETING").
Any transfer by Greenberg of his interest in the Partner▇▇▇▇, ▇▇ an Affiliate or ot▇▇▇▇▇▇▇, shall not relieve Greenberg of his obligation to serve as Chief Executive Partner pur▇▇▇▇▇ ▇▇ the terms of this Agreement, which obligation shall survive and continue to bind Greenberg notwithstanding any such assignment.
The principal office of the Partnership shall be located at 1524 University Avenue, Green Bay, Wisconsin 54302 or at such other ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ chosen by Greenberg, so long as he is the Chief Executive Partner, or the Man▇▇▇▇▇▇▇ ▇ommittee, thereafter.
At all times during the term hereof, the Chief Executive Partner, at the Partnership's expense, shall cause accurate books and records of account to be maintained in which shall be entered all material matters relating to the Partnership, including all income, expenditures, assets and liabilities thereof.
After such time as the Budget and Plan have been approved by the Management Committee, the Chief Executive Partner shall be authorized, without the need for further approval by the other Partners, to make the expenditures and incur the obligations provided for in the Budget and to take all actions necessary to implement the Plan.
Greenberg ▇▇▇▇▇ ▇▇▇▇ive no compensation for such duties except that, ▇▇▇▇▇▇ such time as Greenberg continues to be the Chief Executive Partner, the Partners▇▇▇ ▇▇▇▇▇ continue to make the payments of $8,235 per year on the John Hancock $1,500,000 life insurance policy No. 75142272 insuring ▇▇▇ ▇▇▇▇ ▇▇ Greenberg currently naming Greenberg's wife as b▇▇▇▇▇▇▇▇▇▇, and Greenberg shall receive an automobile allowance of $650 per month p▇▇▇▇▇▇ ▇▇ the Partnership.
Based on the Partnership's books and records, and other appropriate information provided by the Chief Executive Partner, the Administrative Partner shall prepare or cause to be prepared by the Partnership's independent certified public accountants, at the Partnership's expense, a statement of the financial condition of the Partnership as of the last day of each quarter of each fiscal year.
Funds of the Partnership shall be deposited in an account or accounts of a type, in form and name and in a bank or banks, as shall be approved by the Chief Executive Partner, in accordance with past practice, subject to change thereafter at the request of the Management Committee.
For each calendar year, at least 45 days before (and not more than 120 days before) the beginning thereof, the Chief Executive Partner (working with the Administrative Partner) shall prepare: (i) a budget (the "BUDGET") setting forth the estimated receipts and expenditures of the Partnership for such year; and (ii) a business plan (the "PLAN"), setting forth the activities and projects to be undertaken and the actions to be taken by the Partnership for such year.
Except as otherwise provided in this Agreement, the Chief Executive Partner may enter into agreements on behalf of the Partnership with, and may pay fees to, Affiliates of the Partners, for bookkeeping, accounting, tax, tax reporting or other services provided to it by any such persons so long as, in each case, each member of the Management Committee who is not appointed by the Partner whose Affiliate the Partnership is to enter into an agreement with has approved the terms of such agreement.