Executive Officer Sample Clauses

Executive Officer. Evidence of Issuance The issuance of the shares of Stock upon any vesting of the Restricted Stock Units shall be evidenced in such a manner as the Committee, in its sole discretion, deems appropriate, including without limitation, book-entry or direct registration (including transaction advices) or a certificate evidencing ownership of such shares of Stock. Withholding Taxes You agree, as a condition of this grant, that you will make acceptable arrangements consistent with Company policies and procedures to pay any withholding or other taxes that may be due as a result of this grant or the vesting, settlement or issuance of shares related to this grant. You may satisfy such withholding or other tax obligations by remitting cash payments to the Company within the time periods specified by Company policies and procedures or, to the extent permitted under Applicable Laws, by causing the Company or its Affiliate to withhold shares of Stock otherwise issuable to you as a result of this grant. The shares of Stock so withheld shall have an aggregate Fair Market Value equal to such withholding obligations. In the event that the Company determines that any withholding or other tax is required and you have not made satisfactory arrangements to satisfy such obligations within the time periods specified by Company policies and procedures, the Company shall have the right to: (i) require such payments from you; (ii) withhold such amounts from other payments due to you from the Company or any Affiliate; or (iii) withhold shares of Stock otherwise issuable to you as a result of this grant. Any shares of Stock so withheld shall have an aggregate Fair Market Value equal to such withholding obligations. Retention Rights This Agreement does not give you the right to be retained by the Company (or any Parent, Subsidiaries or Affiliates) in any capacity. The Company (and any Parent, Subsidiaries or Affiliates) reserves the right to terminate your Service at any time and for any reason. Shareholder Rights You do not have any of the rights of a shareholder with respect to the Restricted Stock Units unless and until the Stock relating to the Restricted Stock Units has been delivered to you. You will, however, as of each dividend record date for Stock occurring on or after the Grant Date of the Restricted Stock Units and prior to the date the shares of Stock underlying the Restricted Stock Units are delivered (or, if applicable, the date of forfeiture of the Restricted Stock Units...
Executive Officer. The term “officer” shall mean an issuer’s president, principal financial officer, principal accounting officer (or, if there is no such accounting officer, the controller), any vice-president of the Company in charge of a principal business unit, division or function (such as sales, administration or finance), any other officer who performs a policy-making function, or any other person who performs similar policy-making functions for the Company. Officer’s of the Company’s parent(s) or subsidiaries shall be deemed officers of the Company if they perform such policy-making functions for the Company.
Executive Officer. Except as provided in the last sentence of this Section 3, Mxxxx shall hold the offices of Chairman of the Board of Directors, President, and Chief Executive Officer of Key throughout the period of his employment under this Agreement. Mxxxx and Key may, at some point in time after the Effective Date, mutually agree that a different executive officer of Key should hold the title of President and report to Mxxxx while Mxxxx remains as Chairman of the Board of Directors and Chief Executive Officer of Key.
Executive Officer. “Executive Officer” means a “covered employee” within the meaning of Section 162(m)(3) of the Code or any other executive officer designated by the Committee for purposes of exempting compensation payable under this Plan from the deduction limitations of Section 162(m) of the Code.
Executive Officer. This Restricted Stock Agreement (“Agreement”) is made this 21st day of November, 2006, (the “Award Date”) by and between MCG Capital Corporation, a Delaware corporation (the “Company”), and Xxxxxx X. Xxxxxxx (“Employee”).
Executive Officer. An Executive Officer shall be appointed by the Board which Executive Officer shall serve at the pleasure of the Board. The Executive Officer shall be an ex- officio member of all Committees.
Executive Officer. There will be an Executive Officer of MERA who shall be responsible for the administration of MERA per Section 7.4 of the JPA Agreement. The Executive Officer shall be appointed by and may be removed for any reason by a majority vote of the Executive Board. The Executive Officer shall be responsible for the preparation of the annual budget and the collection of Member fees as prescribed in the JPA Agreement, the By- Laws and the Project Operating Agreement of the Marin Public Safety and Emergency Radio System. The Executive Officer shall have expenditure authority, consistent with the budget, of up to $10,000.00 and the authority to execute a change order to any existing MERA agreement with any person, entity or agency in an amount up to and including $10,000.00. The Executive Officer shall report all change orders approved to the Executive Board at its next regular meeting. The Executive Officer shall supervise consultants and contractors to MERA, including a Recording Secretary.
Executive Officer. Except as may be provided pursuant to any administrative services agreement referenced in Section 3.12, the Board of Directors shall have the authority to appoint an Executive Officer for DCE, who shall be responsible for the day-to-day operation and management of DCE and the CCA Program. The Executive Officer may be retained under contract with DCE, be an employee of DCE, be an employee of CVAG, or be an employee of one of the Parties. The Executive Officer shall report directly to the Board and serve as staff to DCE. Except as otherwise set forth in this Agreement, the Executive Officer may exercise all powers of DCE, including the power to hire, discipline and terminate employees as well as the power to approve any agreement if the total amount payable under the agreement is less than $100,000 in any fiscal year, or such higher amount as may be established by the Board from time to time, by resolution of the Board, except the powers specifically set forth in Section 3.11 or those powers which by law must be exercised by the Board of Directors. The Executive Officer shall serve at the pleasure of the Board.