Executive Consent Sample Clauses
The Executive Consent clause establishes that certain actions or decisions by a company require the explicit approval of designated executives. In practice, this means that before the company can undertake significant activities—such as entering into major contracts, making large expenditures, or changing key policies—the consent of specified executives must be obtained. This clause ensures that critical decisions are subject to oversight by top management, thereby reducing the risk of unauthorized or imprudent actions and promoting responsible corporate governance.
POPULAR SAMPLE Copied 1 times
Executive Consent. For purposes of the Company’s enforcement of this Article III, the Executive expressly and explicitly authorizes the Company to issue instructions, on the Executive’s behalf, to any brokerage firm and/or third party administrator engaged by the Company to hold any cash payments, Shares or other amounts acquired by the Executive under the Plan to re-convey, transfer or otherwise return such cash payments, Shares or other amounts to the Company.
Executive Consent. Executive hereby agrees that, in accordance with Section 19 of the KEESA and notwithstanding anything to the contrary contained in the KEESA, Executive hereby consents to the provisions of this Agreement.