Chairman of LATAM Board. Until the second anniversary of the Effective Time (the “Second Anniversary”), the chairman of the LATAM Board (the “LATAM Chairman”) shall be Xxxxxxxx Xxxxx Xxxxx. If there is a Departure of the LATAM Chairman prior to the Second Anniversary, then the LATAM Board shall appoint another TEP Director selected by TEP to serve as the LATAM Chairman. On and after the Second Anniversary, the LATAM Board shall appoint any of its members as the LATAM Chairman from time to time in accordance with the Organizational Documents of LATAM.
Appears in 5 contracts
Samples: Shareholders Agreement, Shareholders Agreement, Shareholders Agreement (Tam S.A.)
Chairman of LATAM Board. Until the second anniversary of the Effective Time (the “Second Anniversary”), the chairman of the LATAM Board (the “LATAM Chairman”) shall be Xxxxxxxx Mxxxxxxx Xxxxx XxxxxAxxxx. If there is a Departure of the LATAM Chairman prior to the Second Anniversary, then the LATAM Board shall appoint another TEP Director selected by TEP to serve as the LATAM Chairman. On and after the Second Anniversary, the LATAM Board shall appoint any of its members as the LATAM Chairman from time to time in accordance with the Organizational Documents of LATAM.
Appears in 2 contracts
Samples: Shareholders Agreement (Lan Airlines SA), Shareholders Agreement (Lan Airlines SA)