Surviving Corporation Board. Parent intends to select, in consultation with Company, one existing or former director of Company (“Company Director”) to be duly appointed, as of the Effective Time, to serve on the board of directors of the Surviving Corporation. Company Director shall be concurrently appointed to serve on the board of directors of Parent Bank. The appointment of Company Director to the boards of directors of the Surviving Corporation and the Parent Bank shall be subject to the bylaws of the Surviving Corporation and Parent Bank, as applicable, and Company Director shall (i) be reasonably acceptable to the Governance Committee of the Surviving Corporation and (ii) satisfy and comply with the requirements regarding ser vice as a member of the board of directors of the Surviving Corporation and Parent Bank, as applicable, provided under applicable Law and the practices and policies of such board applicable generally to its members.
Surviving Corporation Board. 54 Tax............................................................................. 20
Surviving Corporation Board. The number of directors which shall constitute the board of directors of the Surviving Corporation as of the Closing shall be one comprising of Lxxx X’Xxxxxx.
Surviving Corporation Board ss. 1.05 Target Percentage................................................ ss. 2.06(b) Termination Date................................................. ss. 6.06(d) Transactions..................................................... ss. 3.05
