Examples of Office Holder in a sentence
An Office Holder may be entitled to advance notice period or payment in lieu of advance notice period, as follows: Active Chairperson: up to 6 months advance notice period.CEO: up to 6 months advance notice period.Subordinate Office Holder: up to 6 months advance notice period.Foreign Office Holder: up to 6 months advance notice period.
Prior to extending the term of the services or employment agreement with an Office Holder (whether this involves changes to the terms of employment or not), the Office Holder’s existing compensation package will be assessed in relation to the parameters set out in section 2.3 above and bearing in mind the payroll review, which was conducted by the Company as per section 2.4 above.
For purposes of this Article 61, the term "Office Holder" shall mean every Director and every officer of the Company defined as " Nosei Misra" in the Companies Law.
As to service and employment terms that include retirement grants – the term of service or employment of the Office Holder, the terms of his service and employment over the course of this period, the Company’s performances in the said period, the Office Holder’s contribution to the achievement of the Company’s goals and the circumstances of the retirement.
Subject to the Companies Law and these Articles, a transaction between the Company and an Office Holder, and a transaction between the Company and another entity in which an Office Holder of the Company has a personal interest, which is not an Extraordinary Transaction (as defined by the Companies Law), shall be approved by the Board of Directors or a committee of the Board.