Board Oversight of Compliance with Agreement. 15. Within thirty (30) days, the Board shall designate a committee to monitor and coordinate the Holding Company’s compliance with the provisions of this Agreement. The Oversight Committee shall be comprised of four (4) or more directors, the majority of whom shall be independent(6) directors.
Appears in 1 contract
Board Oversight of Compliance with Agreement. 1537. Within thirty (30) days, the Board shall designate a committee to monitor and coordinate the Holding CompanyAssociation’s compliance with the provisions of this AgreementAgreement and the completion of all corrective actions required in the 2010 XXX (Oversight Committee). The Oversight Committee shall be comprised of four (4) or more directors, the majority of whom shall be independent(6) directors.comprised
Appears in 1 contract
Board Oversight of Compliance with Agreement. 1524. Within thirty (30) days, the Board shall designate a committee to monitor and coordinate the Holding CompanyAssociation’s compliance with the provisions of this AgreementAgreement and the completion of all corrective actions required in the 2010 XXX (Oversight Committee). The Oversight Committee shall be comprised of four five (45) or more directors, the majority all of whom shall be independent(6) independent5 directors.
Appears in 1 contract
Samples: Supervisory Agreement
Board Oversight of Compliance with Agreement. 1524. Within thirty (30) days, the Board shall designate a committee to monitor and coordinate the Holding CompanyAssociation’s compliance with the provisions of this AgreementAgreement and the completion of all corrective actions required in the 2010 XXX (Oversight Committee). The Oversight Committee shall be comprised of four five (45) or more directors, the majority all of whom shall be independent(6) independent8 directors.
Appears in 1 contract
Samples: Supervisory Agreement (First Place Financial Corp /De/)
Board Oversight of Compliance with Agreement. 1535. Within thirty (30) days, the Board shall designate a committee to monitor and coordinate the Holding CompanyAssociation’s compliance with the provisions of this AgreementAgreement and the completion of all corrective actions required in the 2010 Examination (Oversight Committee). The Oversight Committee shall be comprised of four three (43) or more directors, including at least one independent director, and the majority of whom whom, by June 30, 2011, shall be independent(6) independent10 directors.. 10 For purposes of this Order, an individual who is “independent” with respect to the Association shall be any individual who:
Appears in 1 contract
