Non-Executive Chairman. United shall take all necessary action to cause, effective at the Effective Time, Xxxxx X. Xxxxxx to be elected as non-executive Chairman of the United Board unless he is not the Chief Executive Officer of United immediately prior to the Effective Time. If Xx. Xxxxxx is not the Chief Executive Officer of United immediately prior to the Effective Time, then United shall select his replacement, subject to the concurrence of Continental acting in good faith, after receiving the recommendation of the Corporate Governance and Social Responsibility Committee of the Continental Board, which will consider such replacement in good faith, and each of United and Continental shall take all action necessary to cause such replacement to be elected non-executive Chairman of the United Board effective at the Effective Time. Furthermore, if such a replacement occurs, then, where applicable, any references in this Agreement or the United-Continental Bylaws to Xx. Xxxxxx shall instead be to such replacement. On December 31, 2012, or the date that is two years after the Effective Time, whichever is later, Xx. Xxxxxx shall cease to serve as the non-executive Chairman.
Non-Executive Chairman. The Board of Directors may elect a Non-Executive Chairman. If the Board of Directors elects a Non-Executive Chairman, he or she shall, in the absence or disability of the Chairman of the Board, perform the duties and exercise the powers of the Chairman of the Board and shall perform such other duties as may be prescribed by the Board of Directors.
Non-Executive Chairman. Following the date of this Agreement, the Board shall take all necessary actions to elect a non-executive Chairman of the Board from among the directors, which non-executive Chairman must be reasonably acceptable to Starboard (such acceptance not to be unreasonably withheld, conditioned or delayed).
Non-Executive Chairman. Cxxxxx agrees to stand for re-election to the Board when he is up for re-election in 2005 and 2008, and to serve as Chairman of the Board if so elected in a non-executive, non-employee capacity from January 1, 2006 through January 1, 2009. Cxxxxx may, in his discretion, resign from his position as Chairman and from the Board of Directors after January 1, 2009.
Non-Executive Chairman. During the Term of this Agreement (as defined below), the Chairman shall continue to serve as the independent non-executive Chairman of the Board and as a member of the Board and one or more committees of the Board as mutually agreed by the Chairman and the Board, with the responsibilities that the Company has requested him to perform, including those described in Section 3 of this Agreement. The Chairman shall at all times serve in a non-executive capacity and shall not be an employee or officer of the Company or serve in any other position with the Company or any of its affiliates.
Non-Executive Chairman. You shall serve as non-executive Chairman of the Board of Directors of the Company.
Non-Executive Chairman. The Executive shall have the title of”Non-Executive Chairman” until the Company otherwise determines in its sole discretion. Notwithstanding the Executive’s title as Non-Executive Chairman of the Company pursuant to this Agreement, the Executive and the Company agree and acknowledge this is an honorary position and the Executive (i) shall have no duties as Non-Executive Chairman and no rights or power to act for or on behalf of, or to bind the Company as Non-Executive Chairman or otherwise, (ii) shall not be a member of the Board of Directors or an employee of the Company and (iii) except as specifically provided in this Agreement, shall not be eligible to receive from the Company any compensation or benefits or be eligible for any new grants of the Company’s profits interest, stock options or similar grants.
Non-Executive Chairman. Following the Retirement Date, the Executive will serve as non-executive Chairman of the Board. The Executive will be paid $30,000 per quarter for service as non-executive Chairman. Amounts paid for the Executive’s service as non-executive Chairman will be in addition to any cash retainer, meeting fees and equity awards generally paid or awarded to the Company’s directors. Executive will not receive a pro-rata equity award for the period from the Retirement Date to the date of the Company’s 2020 Annual Meeting of Shareholders.
Non-Executive Chairman. Commencing January 1, 2007 and continuing until terminated pursuant to Section 10 below, Mr. Forrest shall serve as Cosi's Non-Executive Chairman. Mr. Xxxxxxx xxxll carry out such duties as Cosi's Non-Executivx Xxxxxxxx, as are customarily associated with such position.
Non-Executive Chairman. During the Term from January 1, 2009 to December 31, 2010:
