CRC Board. (i) The CRC Board shall manage the Shared Assets. (ii) The CRC Board may appoint a Board of Managers, a committee, a CRC officer or other persons to have such duties and authority with respect to the Shared Assets as may be assigned to them from time to time by the CRC Board. (iii) Any Board of Managers appointed by the CRC Board shall be comprised of an equal number of individuals (and their successors) nominated by CSXT and nominated by NSR. (iv) The CRC Board shall remove from any Board of Managers (A) at the direction of CSXT, any person who was nominated by CSXT, and (B) at the direction of NSR, any person who was nominated by NSR.
Appears in 9 contracts
Samples: Operating Agreement (Norfolk Southern Corp), Operating Agreement (CSX Transportation Inc), Operating Agreement (Norfolk Southern Corp)
