Lead Director. From the Effective Time until 24 months after the Effective Time, J. Xxxx Xxxxx shall serve as Lead Director. Thereafter, the Lead Director shall be a Director selected by a majority of the Entire Board of Directors. The Lead Director shall chair any meeting of the independent directors in executive session. The Lead Director shall have such duties and responsibilities as may be set forth in the Corporation’s Board policies from time to time.
Appears in 4 contracts
Samples: The Agreement and Plan of Merger (Vantagesouth Bancshares, Inc.), The Agreement and Plan of Merger (YADKIN FINANCIAL Corp), Agreement and Plan of Merger (Vantagesouth Bancshares, Inc.)
