The 47-year-old takes over from Jamie Fullarton, who was sacked shortly after Saturday’s 4-1 defeat at home to Exeter City after less than three months in the job.
Cooper will oversee matters until the end of the current campaign, but if he reaches an agreed points total, it has been agreed that it would trigger a permanent contract for him to remain at Meadow Lane.
Announcing the deal, owner Ray Trew said: “I said on Saturday that what we need now, as a club, is stability, as we look to resolve the change of ownership and that is why I have turned to Mark to bring his experience and knowledge to the club to help turn things around on the pitch.
“To be fair to Mark and to reward him, should he manage to get things moving in the right direction, I have agreed a points total with him, which will remain confidential, at which point his deal will become permanent.
“I think what we all want is for Notts to be successful and if Mark can bring that then it is only right that he is given the role full-time, which I think any new owner would agree with.
“The challenge has been set and I look forward to seeing what he can bring to the role.”
Cooper will meet up with his new squad on Monday and immediately set about preparing for his first game in charge, away to Portsmouth in League Two next weekend.
Mark Cooper Managerial Factfile
Team
From
To
Record
P
W
D
L
Win %
Tamworth
28 April 2004
24 January 2007
138
41
35
62
29.71
Kettering Town
16 May 2007
14 November 2009
128
73
30
25
57.03
Peterborough Utd
14 November 2009
1 February 2010
13
1
4
8
7.69
Darlington
29 June 2010
24 October 2011
86
36
26
24
41.86
Kettering Town
4 January 2012
18 January 2012
1
0
0
1
0.00
AFC Telford Utd
31 January 2013
1 March 2013
5
0
1
4
0.00
Swindon Town
13 July 2013
17 October 2015
125
52
27
46
41.60
Total
496
203
123
170
40.93
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