Emeritus definition
Examples of Emeritus in a sentence
Except to the extent expressly provided in a written agreement with the Trust, no Trustee resigning and no Trustee removed shall have any right to any compensation for any period following the effective date of his or her resignation or removal (other than compensation received by a retiring Trustee as a Director Emeritus or similar position), or any right to damages on account of such removal.
Unless the Committee shall specifically state to the contrary at the time a Plan Share Award is granted, Plan Shares subject to an Award shall be earned and non-forfeitable by a Participant at the rate of one-fifth of such Award following one year after the granting of such Award, and an additional one-fifth following each of the next four successive years; provided that such Participant remains an Employee, Director, or Director Emeritus during such period.
At the organization meeting of the Board of Managers and at its annual meeting, the Board of Managers shall elect as executive officers of the Company a Chairman and Chief Executive Officer, a President and Chief Operating Officer, a Secretary and a Treasurer, and may elect as executive officers of the Company one or more Chairmen Emeritus, Vice Chairmen, Executive Vice Presidents and Senior Vice Presidents.
The Chairman Emeritus and Vice Chairmen of the Board, if there be any, shall be members of the Board of Managers and shall have such powers and perform such duties as may from time to time be assigned to them by the Board of Managers, the Chairman and Chief Executive Officer or the President and Chief Operating Officer.
Emeritus faculty may be terminated for those reasons listed in Education Code Section 87732.