Senior Executive Sample Clauses

Senior Executive. The chief executive officer, chief operating officer, chief financial officer, or anyone in charge of a principal business unit or function.
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Senior Executive. TEAM The Senior Executive Team is responsible for providing executive support and mentoring to the Core Group and for resolving Core Group impasses. Each Party’s Senior Executive Team representative shall stay abreast of Project developments, gain a deep familiarity with the Project, communicate regularly with that Party’s Core Group representative, and possess authority to bind that Party in all matters requiring that Party’s approval, authorization, or written notice. If a Party’s Senior Executive Team representative changes, that Party shall immediately notify the other Parties in writing: Owner’s authorized Senior Executive Team representative is [ ] Design Professional’s authorized Senior Executive Team representative is [ ] Constructor’s authorized Senior Executive Team representative is [ ].
Senior Executive. An Employee who is a senior executive, including an officer, of an Employer (whether or not he is also a director thereof), who is employed by an Employer on a full-time basis, who is compensated for such employment by a regular salary and who, in the opinion of the Compensation Committee, is one of the key personnel of an Employer in a position to contribute materially to its continued growth and development and to its future financial success.
Senior Executive. 2 Senior Executive-2, a then-member of BHS’s Board of Directors, served as a director of an offshore corporation and the nominee owner of an undeclared account controlled by a relative who was a U.S. citizen and resident (“Client-2”). In late 2004, Senior Executive-2 contacted a trust company in Liechtenstein to purchase an offshore shelf company incorporated in St. Xxxxxxx and the Grenadines that would be beneficially owned by Client-2. The offshore corporation was created in December 2004 and Client-2 opened an account in the name of the offshore corporation at Union Bancaire Privée (“UBP”), another Swiss bank. When UBP stopped doing business with U.S. clients around 2009, Senior Executive-2 approached BHS’s compliance department and sought to move Client-2’s account to BHS. In March 2009, Client-2, with the assistance of Senior Executive-2, opened an account at BHS- Singapore in the name of the offshore corporation. Senior Executive-2 was listed as the sole director of the corporation and the sole signatory on the account. BHS compliance employees allowed the account to be opened despite a BHS policy barring the opening of accounts for U.S. persons. According to BHS’s Know Your Customer (“KYC”) documentation, Senior Executive- 2 and Client-2 “are not entirely happy with the current situation in Switzerland. They have lost their confidence and trust in the regulations of Switzerland and therefore they are looking into Singapore as an alternative.” Senior Executive-2 signed a BHS-Singapore QI form that falsely stated, “The Undersigned Account Holder [the offshore corporation] hereby declares that it is the beneficial owner according to U.S. tax principles to the assets and income to which this form relates.” This is inconsistent with BHS-Switzerland’s own beneficial ownership form, which included Client-2’s name, U.S. residential address, and U.S. nationality. Client-2 periodically called Senior Executive-2 to provide account instructions related to the BHS-Singapore account. Senior Executive-2 ultimately informed Client-2 that he should become tax compliant and advised Client-2 to enter the IRS Offshore Voluntary Disclosure Program, which he did in November 2011. The account was closed shortly thereafter.
Senior Executive. Section 8.7
Senior Executive. As a part of the Development Fee, a senior executive of Developer shall be responsible for overseeing the Project, the Project shall be his primary assignment, and such senior executive will devote sufficient time and attention to the Project to properly supervise the performance of Developer’s obligations under this Agreement. Xxxx Xxxxxxx shall be the senior executive of Developer responsible for overseeing the Project. If Xxxx Xxxxxxx is no longer employed by Developer or an Affiliate, or if Owner requests that Xxxx Xxxxxxx be removed from the Project, or if, with the consent of Owner, which consent shall not be unreasonably withheld, conditioned or delayed, Developer desires to replace Xxxx Xxxxxxx with a different senior executive, the new senior executive responsible for overseeing the Project shall be subject to the mutual agreement of Owner and Developer.
Senior Executive. For purposes of this policy, the term “Senior Executive,” when capitalized, shall mean the Chief Executive Officer, President, principal financial officer, principal accounting officer and any elected Vice President of AK Steel Corporation and/or AK Steel Holding Corporation.
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Senior Executive. Club shall designate a principal of the Club organization as the senior executive of the Club to oversee operation of the Stadium. The Senior Executive shall have full authority to act on behalf of the Club on all matters relating to this agreement. The initial Senior Executive shall be Xxxxx Xxxxxx Xxxxx. During the first three years of the Term, Club agrees to hire an assistant to the Senior Executive, who shall have experience in opening and operating a modern, first-class, multi-purpose stadium comparable to the Stadium, and to inform the City Representative of the identify of this individual and his or her experience.
Senior Executive. “Senior Executive” means each of Xxxxxx Xxxxxx, Xxxx Xxxxxx or any other individual reporting directly to the Company’s chief executive officer.

Related to Senior Executive

  • Executive Compensation Until such time as the Investor ceases to own any debt or equity securities of the Company acquired pursuant to this Agreement or the Warrant, the Company shall take all necessary action to ensure that its Benefit Plans with respect to its Senior Executive Officers comply in all respects with Section 111(b) of the EESA as implemented by any guidance or regulation thereunder that has been issued and is in effect as of the Closing Date, and shall not adopt any new Benefit Plan with respect to its Senior Executive Officers that does not comply therewith. “Senior Executive Officers” means the Company's "senior executive officers" as defined in subsection 111(b)(3) of the EESA and regulations issued thereunder, including the rules set forth in 31 C.F.R. Part 30.

  • Senior Management If a Dispute occurs that the senior representatives of the Parties responsible for the transaction contemplated by this Agreement have been unable to settle or agree upon within a period of fifteen (15) days after such Dispute arose, Sellers shall nominate and commit one of Panther’s senior officers, and Buyer shall nominate and commit one of its senior officers, to meet at a mutually agreed time and place not later than thirty (30) days after the Dispute arose to attempt to resolve same. If such senior management have been unable to resolve such Dispute within a period of fifteen (15) days after such meeting, or if such meeting has not occurred within forty-five (45) days after such Dispute arose, then any Party shall have the right, by written notice to the other, to resolve the Dispute through the relevant Independent Expert pursuant to Section 16.03.

  • Incentive Compensation The Executive shall be eligible to receive cash incentive compensation as determined by the Board or the Compensation Committee from time to time. The Executive’s target annual incentive compensation shall be forty five percent (45%) of their Base Salary, although any the actual incentive compensation amount shall be discretionary. To earn incentive compensation, the Executive must be employed by the Company on the day such incentive compensation is paid.

  • Perquisites During the Employment Period, Executive shall be entitled to receive such perquisites as are generally provided to other senior officers of the Company in accordance with the then current policies and practices of the Company.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Incentive Compensation Plan In addition to receipt of Basic Compensation under the Employment Agreement, you shall participate in the Incentive Compensation Plan for Executive Officers of the Company (the “Compensation Plan”) and shall be eligible to receive incentive compensation under the Compensation Plan as may be awarded in accordance with its terms.

  • Sick Leave Incentive Program MSUAASF and Minnesota State may develop a sick leave incentive program through the establishment of a joint committee.

  • Bonus Plans 21.16 A bonus is a lump sum payment that is not a permanent increase to the salary base of the individual and may be granted at the discretion of the President. A bonus may be awarded at any time and may be used for a variety of salary adjustments including, but not limited to, the following:

  • Equity Incentive Compensation During the term of employment hereunder the Executive shall be eligible to participate, in an appropriate manner relative to other senior executives of the Parent and its subsidiaries, in any equity-based incentive compensation plan or program approved by the Board from time to time, including (but not by way of limitation) any plan providing for the granting of (a) options to purchase stock of the Parent, (b) restricted stock of the Parent or (c) similar equity-based units or interests.

  • Benefits; Vacation Employee shall be eligible to receive all benefits as are available to similarly situated employees of Employer generally, and any other benefits that Employer may, in its sole discretion, elect to grant to Employee from time to time. In addition, Employee shall be entitled to four (4) weeks paid vacation per year, which shall be pro-rated for the first partial year of employment and shall accrue in accordance with Employer’s policies applicable to similarly situated employees of Employer.

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