Executive Chairperson definition
Examples of Executive Chairperson in a sentence
Your title shall be Chief Architect and Executive Chairperson and you will report to the Company’s CEO.
The Executive Chairperson and the person who was chairman of the Board until January 31, 2022 (the “Former Chairman”) each hereby irrevocably agree that he or she shall, promptly on the date of satisfaction of the Implementation Condition, (i) resign from the Board, and, (ii) not seek or accept re-appointment, re-nomination or, re-election to the Board.
The Board may assign titles to particular Officers (including Executive Chairperson, Chief Executive Officer, President, Chief Financial Officer, Chief Operating Officer, Vice President, Executive Vice President, Secretary, Assistant Secretary, Treasurer or Assistant Treasurer).
If one party gives another party (or parties) hereto notice that a Dispute has arisen and the applicable parties are unable to resolve such Dispute within 20 days of service of such notice, then the Dispute shall be referred to SP (or his successor as Executive Chairperson), ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ (or any other individual designated by the KKR Principal Investors) and ▇▇▇▇▇▇▇ ▇.
In addition, each Director (other than the Executive Chairperson and any Director who is a member of the Company’s executive management) shall be entitled to receive a customary director’s fee of £65,000 per year or such higher amount as determined by the Company Board.
Where any representation or warranty is expressly qualified by reference to the knowledge of the Company or any of its Subsidiaries or Affiliates, it is deemed to refer to the actual knowledge or constructive knowledge, after due inquiry, of any of the President and Chief Executive Officer, Chief Financial Officer, General Counsel, Executive Chairperson and/or Chief Commercial Officer of the Company.
From and after the Effective Time until the Second Annual Meeting, (i) the Executive Chairperson of the Board shall be ▇▇▇▇▇▇▇ ▇▇▇▇ and (ii) removal of the Executive Chairperson of the Board from the role as such shall require the affirmative vote of a majority of the Board (other than the Executive Chairperson).
If prior to the Second Annual Meeting ▇▇▇▇▇▇▇ ▇▇▇▇ shall cease for any reason to serve as a Director of the Board (including by death, disability, retirement, resignation or removal), the Investor Nominees, together with the Third Party Stockholder Nominees, shall have the right by majority vote to designate for nomination to the Board an individual that will serve as Executive Chairperson; provided, that such individual (and any replacement thereafter) shall be a Qualifying Nominee.
The Executive Chairperson represents that she has disclosed to the Company all business activities in which she is engaged in as of the Execution Date, and the Company acknowledges such disclosure.
The Executive Chairperson will perform such duties described herein in accordance with the general fiduciary duty of executive officers and directors arising under the DGCL.