Common use of Classification of Directors Clause in Contracts

Classification of Directors. The Board of Directors of the Corporation shall be divided into three (3) classes, as nearly equal in number as possible, as provided in the Corporation's Articles of Incorporation.

Appears in 3 contracts

Samples: Consolidation Agreement (BCB Financial Services Corp /Pa/), Merger Agreement (First Jermyn Corp), Agreement and Plan of Consolidation (Patriot Bank Corp)

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Classification of Directors. The Board of Directors of the ----------- --------------------------- Corporation shall be divided into three (3) classes, as nearly equal in number as possible, as provided in the Corporation's Articles of Incorporation.

Appears in 1 contract

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

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