How is Senior Executive defined in a legal contract?
- Senior Executive means the person holding one of the following titles: chief executive officer, chief operating officer, chief financial officer, or anyone responsible for a main business unit or function. Seen in 74 SEC Filings
- Senior Executive means an individual who has consistently served at an executive level for no less than [number] years. This definition considers the person's overall time as an executive, beginning from the either the initial date of employment as an Executive Officer, or the time of promotion to such a role, unless otherwise determined by the [organization]. Seen in 29 SEC Filings
- Senior Executive means the Chairman of the Board, President, Executive Vice President, Chief Financial Officer, Chief Accounting Officer, or General Counsel of the [organization]. Seen in 28 SEC Filings
- Senior Executive means any individual given the authority to negotiate the settlement of a dispute on behalf of [organization]. Seen in 26 SEC Filings
- Senior Executive means a member of the [organization]'s senior leadership team who is appointed by said organisation to handle any disputes related to their contract. Seen in 17 SEC Filings
- Senior Executive means the chief executive officer. Seen in 13 SEC Filings
- Senior Executive means either the CEO or any permanent, full-time employee of the [organization] or its affiliate, who holds an Officer role required to submit documentation to the relevant authorities, or is an officer reporting directly to the CEO, or is the Chief Accounting Officer of the [organization], or is the individual holding the highest management position overseeing internal audits within the [organization]. Seen in 13 SEC Filings
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Senior Executive means a high-ranking officer of an [organization] responsible for major business functions.
Relevant Contract Types
Relevant Circumstances
- Leadership transition
- Organizational restructuring
- Creation of a new role within the organization
Relevant Sectors
Genie Definition 2
- Senior Executive means an individual delegated authority to settle disputes on behalf of an [organization].
Relevant Contract Types
Relevant Circumstances
- Resolution of intra-organizational disputes
- Dealing with client or vendor-related issues
- Managing conflicts in strategic partnerships
Relevant Sectors
Genie Definition 3
- Senior Executive means the chief executive officer.
Relevant Contract Types
Relevant Circumstances
- Hiring of a new CEO
- Founding of a new company
- Contract renewal for a continuing CEO
Relevant Sectors
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Senior Executive means a high-ranking officer of an [organization] responsible for major business functions
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