Common use of Duties of Chairman of the Board Clause in Contracts

Duties of Chairman of the Board. The Chairman of the Board shall preside at all meetings of the Shareholders and Directors, and shall see that all the orders and resolutions of the Board of Directors are carried into effect, subject, however, to the rights of the Directors to delegate any specific powers. He shall, in addition, have such powers and duties as may be specifically assigned by the Board of Directors.

Appears in 3 contracts

Samples: Merger Agreement (Media General Inc), Merger Agreement (Media General Inc), Merger Agreement (Media General Inc)

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Duties of Chairman of the Board. The Chairman of the Board shall preside at all meetings of the Shareholders shareholders and Directors, and shall see that all the orders and resolutions at meetings of the Board of Directors are carried into effectand the Executive Committee, subject, however, to the rights of the Directors to delegate any specific powers. He shall, in addition, have and shall exercise such powers and perform such duties as pertain to such office or as may be specifically conferred upon, or assigned to, the Chairman by the Board of DirectorsDirectors or as set forth in any agreement with the Corporation. The Chairman may be an “Executive Chairman” who is not independent and serves as an employee of the Corporation or one of its affiliates.

Appears in 2 contracts

Samples: Merger Agreement (Columbia Banking System, Inc.), Merger Agreement (Umpqua Holdings Corp)

Duties of Chairman of the Board. The Chairman of the Board shall preside at all meetings of the Shareholders stockholders and Directors, and shall see that all the orders and resolutions of the Board of Directors are carried into effectDirectors, subject, however, to shall advise and counsel with the rights of the Directors to delegate any specific powers. He shall, in addition, have President shall assume such powers and other duties as from time to time may be specifically assigned to him by the Board of Directors.

Appears in 1 contract

Samples: Securities Purchase Agreement (Taylor Capital Group Inc)

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Duties of Chairman of the Board. The Chairman of the Board Board, when present, shall preside at all meetings of the Shareholders stockholders and the Board of Directors, . The Chairman of the Board shall perform other duties commonly incident to the office and shall see that all the orders also perform such other duties and resolutions of have such other powers as the Board of Directors are carried into effectshall designate from time to time. If there is no President, subject, however, to then the rights Chairman of the Directors to delegate any specific powers. He shall, in addition, Board shall also serve as the Chief Executive Officer of the Corporation and shall have such the powers and duties as may be specifically assigned by the Board prescribed in subsection (c) of Directorsthis Section 28.

Appears in 1 contract

Samples: Agreement and Plan of Acquisition (Brooklyn ImmunoTherapeutics, Inc.)

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