Examples of Initial CEO in a sentence
The Company shall give Comcast prompt notice of the occurrence of any Initial CEO Event or Cause Event.
During the Initial Period, Officer shall report directly to the Initial CEO.
The Initial CEO, in his capacity as a representative of the Manager, is and will continue to be allocated time at relevant Comcast Executive Management Committee meetings to discuss potential Investments, opportunities and initiatives under consideration by the Company.
The term of your employment as CEO under this letter agreement will be for a period of four years, beginning on the date you assume that position, June 1, 2005, and ending on May 31, 2009 (such period is referred to in this agreement as your "Initial CEO Employment Term").
During the Employment Period, the Executive shall be entitled to receive fringe benefits on a basis not less favorable than the basis on which such benefits are provided to the Initial CEO during the Initial Period.
Officer's employment under this Agreement after the Effective Date shall be divided into three periods, the "Initial Period," the "Second Period" and the "Third Period." The Initial Period shall commence on the Effective Date and end on the date on which the Chief Executive Officer of the Company as of the Effective Date (the "Initial CEO") ceases for any reason to serve as Chief Executive Officer of the Company, but in no event later than June 30, 2005.
WorkSafeNB Spends over $96,000 in Consultant Fees for Initial CEO Recruitment Attempt Board Recommendation for CEO Requires Government Approval WorkSafeNB Spends Over $33,000 More in Second Recruitment Effort Weak WorkSafeNB Appointment Documentation WorkSafeNB Without a Permanent CEO for 17 Months2.73 The board undertook a full recruitment effort using an external consultant at a contracted cost of $75,000 with additional expenses totaling $21,000 to find a new CEO beginning in November 2016.
With respect to each fiscal year ending during the Interim Period, the Executive shall receive such Annual Bonus as shall be determined by the Board upon recommendation of the Compensation Committee, provided that such Annual Bonus shall not be less than 10/9 of the annual bonus earned by the Initial CEO with respect to such fiscal year.
The CEO Employment Agreement has an initial term through June 5, 2024 (the “Initial CEO Term”) and will automatically renew for an additional 12-month term at the end of the Initial CEO Term and each subsequent one-year anniversary thereafter, unless terminated by the Company or Mr. Simões pursuant to its terms.
If your employment is terminated by the Company without "Cause" (as defined below) or by you as a result of "Constructive Discharge" (as defined below), during your Initial CEO Employment Term, you will be entitled to the severance payment described in the next sentence.