Executive Management Services Clause Samples
The Executive Management Services clause defines the scope and responsibilities of executive-level management support provided under an agreement. Typically, this clause outlines the specific services to be delivered by senior management, such as strategic planning, oversight, and decision-making, and may detail reporting requirements or performance standards. By clearly delineating the expectations and obligations of executive management, this clause ensures that both parties understand the level of leadership involvement and accountability, thereby promoting effective governance and minimizing misunderstandings.
Executive Management Services. Kura shall make available to the Company appropriate executive-level personnel to assume and perform substantially all of the day-to-day operational and executive management responsibilities and functions related to the Company’s business, as well as provide long-term strategic planning advice and assistance to the Company.
Executive Management Services. If requested by VLT and AWI by February 7, 1997, EDS will provide EDS executive management consisting of John ▇▇▇▇▇ ▇▇▇ Bob ▇▇▇▇▇, ▇▇ the extent they remain EDS employees, to VLT and AWI from the Effective Date through June 30, 1997, to fulfill, AWI executive management positions (the "Executive Management Services"). If either of Messrs. Beach and Ever▇ ▇▇▇igns from employment with EDS, EDS shall nevertheless be considered to have fulfilled its obligations under this Section. EDS will provide VLT and AWI with prompt notice of any applicable attrition.
Executive Management Services. During the term hereof, the Company hereby retains the Team to provide the executive management services that are generally performed by a corporation's President, Chief Executive Officer, Chief Operating Officer and Chief Financial Officer (or Comptroller), as the responsibilities of such officers are more fully described in the Company's Bylaws, as defined by the reasonable instructions of the Company's Board of Directors (the "Board") and as subject to the oversight and reasonable direction of the Board. In particular, the Team will employ Ms. ▇▇▇▇▇▇ ▇▇▇▇▇, and make her services available to the Company as the Acting President and Chief Executive Officer of the Company.
Executive Management Services. KP-GP shall cause the Key Executives to provide to the Partnership the executive management services described in Schedule I (the "Executive Management Services"). Subject to Section 8.2, KP-GP shall not charge the Partnership for such services. The Partnership shall reimburse KP-GP for the reasonable, out-of-pocket travel costs of the Key Executives and other persons under the direct supervisory control of the Key Executives providing services pursuant to this Section 8.1. The Key Executives, or any other persons performing the Executive Management Services, shall be subject to the supervision and direction of the Administrative General Partner and the Committee, and shall provide such information and reports to the Administrative General Partner and the Committee as they may require. KP-GP and each of the Key Executives recognize that each of the Key Executives will provide to the Partnership areas of expertise that are not within the scope of the expertise currently provided by any other Key Executive. If any Key Executive ceases to provide services to the Partnership for any reason, and the remaining Key Executives are unable to provide the services previously provided by such Key Executive. KP-GP promptly shall arrange to replace such Key Executive by another person who shall perform the services previously performed by such Key Executive. Any such replacement shall be subject to the prior written approval of AVM, which shall not be unreasonably withheld.