New CEO definition

New CEO shall have the meaning assigned to such term in Section 9.1(q)."

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New CEO has the meaning set forth in Section 7.2.

New CEO means any individual who is appointed by the Board to serve as Chief Executive Officer of Parent or the Company, on a permanent or interim basis, or in an office of the CEO established by the Board.

Examples of New CEO in a sentence

In the event that the New CEO is hired in connection with a Change in Control (as defined in the CIC Agreement), any termination of the Executive thereafter shall be deemed to occur under the CIC Agreement and not under this Agreement.
As you know, the Board has engaged in a process to identify and recruit a New CEO.
If you remain continuously employed with the Company from the date hereof through the 180 day period following the hire date of the New CEO, you shall receive a $50,000 bonus, less applicable deductions and withholdings, to be paid in accordance with the Company’s standard payroll procedures.
Upon his or her appointment in such role, your title will initially become the Company’s Chief Strategy Officer (with your specific role and responsibilities to be decided upon by the New CEO and Board in consultation with you).
Until the earlier of (x) the termination of the Standstill Period and (y) the disbandment of the CEO Search Committee following the announcement of a New CEO, unless otherwise agreed by Starboard, the CEO Search Committee shall be composed of four (4) directors, including two (2) New Directors, with one (1) of the New Directors serving as Chair of such CEO Search Committee.
As promptly as practicable following the execution of this Agreement, the Board shall take all necessary actions to form an ad hoc advisory CEO Search Committee (the “CEO Search Committee”) to lead and oversee the search for potential candidates for the role of the New CEO (the “CEO Search”) and recommend a candidate for the New CEO for approval by the full Board.
The CEO Succession Committee and any other committee currently or in the future designated to review or oversee the selection process for the New CEO shall not take any material action prior to the March Board Meeting.
For the avoidance of doubt, Employee shall not carry out any activities on behalf of the Company unless expressly directed by the New CEO.
In conducting the CEO Search, the CEO Search Committee shall evaluate both internal and external candidates for the position of the New CEO.
Notwithstanding anything to the contrary herein, the Board may expand its size at any time by one director in connection with the hiring of a new permanent chief executive officer (the “New CEO”), if the Board determines to appoint the New CEO to the Board.

More Definitions of New CEO

New CEO means the permanent (not interim) successor Chief Executive Officer of the Company who is appointed by the Board to succeed you, (b) “Retirement Date” shall mean the earlier of the date on which the New CEO commences employment as the Chief Executive Officer of the Company and December 31, 2015, (c) “Remaining Term” shall mean the period beginning on the date hereof and expiring on the Retirement Date, (d) “End Date” shall mean the date of the Company’s 2016 Annual Meeting of Stockholders and (e) “Advisory Period” shall mean the period beginning on the date following the Retirement Date and expiring on the End Date; provided that the Remaining Term and the Advisory Period shall expire on any earlier date on which your employment is terminated by the Company for any reason (including due to disability in accordance with Section 4.1(b) of the Employment Agreement (“Disability”)) or no reason, or by you for any reason or no reason or in the event of your death.