Common use of Chief Operating Officer Clause in Contracts

Chief Operating Officer. 8. That immediately upon the Agreement being fully executed, Xxxx Xxxxx will be removed as the Chief Operating Officer of New Day. Xxxx Xxxxx may retain his minority ownership interest in New Day and may remain employed with New Day, however, he shall not hold any position that would be deemed a “control person” under the NMLS standards or a position in senior management, either by title or by action.

Appears in 6 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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