Common use of THE CHAIRMAN OF THE BOARD OF DIRECTORS Clause in Contracts

THE CHAIRMAN OF THE BOARD OF DIRECTORS. The chairman of the board of directors, if one shall have been elected, shall be a member of the board of directors and, if present, shall preside at each meeting of the board of directors or shareholders. The chairman of the board of directors, in his or her capacity as the chairman of the board of directors, shall not have any of the rights, powers or obligations of an officer of the Corporation, unless he or she is appointed as an officer of the Corporation by the board of directors.

THE CHAIRMAN OF THE BOARD OF DIRECTORS. The chairman Chairman of the board Board of directorsDirectors shall, if one shall have been elected, shall be a member of the board of directors and, if present, shall preside at each meeting of the board of directors or shareholders. The chairman of the board of directors, in his or her capacity as the chairman of the board of directors, shall not have any of the rights, powers or obligations of an chief executive officer of the Corporation, unless he or she is appointed as an officer corporation and shall have general supervision over the business and affairs of the Corporation by and over its several officers and employees, subject, however, to the board control of directors.the Board of Directors. He shall, if

THE CHAIRMAN OF THE BOARD OF DIRECTORS. The chairman of the board Board of directorsDirectors, if one shall have been elected, shall be a member of the board of directors and, if presentany, shall preside at each meeting all meetings of the board Board of directors or shareholdersDirectors and of the stockholders at which he shall be present. He shall have and may exercise such powers as are, from time to time, assigned to him by the Board of Directors and as may be provided by law. The chairman Board of Directors may elect a presiding director of the board Board of directors, in his Directors and may elect one or her capacity as the chairman more vice chairmen of the board Board of directors, shall not have any of the rights, powers or obligations of an officer of the Corporation, unless he or she is appointed as an officer of the Corporation Directors by the board of directorsmajority vote.