Common use of Appointment of Committee Members Clause in Contracts

Appointment of Committee Members. The Chairman of the Board of Directors shall appoint the members of the Committees and the Chairman of each such Committee to serve until the next annual meeting of shareholders. The Chairman of the Board shall appoint the members of any other Committees established by the Board of Directors, and the Chairman of such Committee, to serve until the next annual meeting of shareholders. The Board of Directors may appoint, from time to time, other committees, for such purposes and with such powers as the Board may determine.

Appears in 1 contract

Samples: Consolidation Agreement (BCB Financial Services Corp /Pa/)

AutoNDA by SimpleDocs

Appointment of Committee Members. The Chairman of the Board ----------- -------------------------------- of Directors shall appoint the members of the Committees and the Chairman of each such Committee to serve until the next annual meeting of shareholders. The Chairman of the Board shall appoint the members of any other Committees established by the Board of Directors, and the Chairman of such Committee, to serve until the next annual meeting of shareholders. The Board of Directors may appoint, from time to time, other committees, for such purposes and with such powers as the Board may determine.

Appears in 1 contract

Samples: Consolidation Agreement (Heritage Bancorp Inc /Pa/)

Appointment of Committee Members. The Chairman of the Board of Directors President shall appoint the members of the Committees and the Chairman of each such Committee to serve until the next annual meeting of shareholders. The Chairman of the Board President shall appoint the members of any other Committees established by the Board of Directors, and the Chairman of such Committee, to serve until the next annual meeting of shareholders. The Board of Directors may appoint, from time to time, other committees, for such purposes and with such powers as the Board may determine.

Appears in 1 contract

Samples: Agreement and Plan of Consolidation (Patriot Bank Corp)

AutoNDA by SimpleDocs

Appointment of Committee Members. The Chairman of the Board of Directors shall appoint elect the members of the Committees and the Chairman of each such Committee to serve until the next annual meeting of shareholders. The Chairman President shall appoint or shall establish a method of appointing, subject to the approval of the Board shall appoint of Directors, the members of any other Committees established by the Board of Directors, and the Chairman of such Committee, to serve until the next annual meeting of shareholders. The Board of Directors may appoint, from time to time, other committees, for such purposes and with such powers as the Board may determine.

Appears in 1 contract

Samples: Merger Agreement (First Jermyn Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!