Board Seats. At or promptly following the Effective Time, each of TCBX and TCB shall increase by two (2) the number of directors constituting the TCBX Board and the TCB board of directors and appoint ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ and such other current member of the Keystone Board as mutually agreed by TCBX and Keystone, to the TCBX Board and the TCB board of directors, who shall be subject to TCBX’s standard director qualification procedure.
Appears in 2 contracts
Sources: Agreement and Plan of Reorganization (Third Coast Bancshares, Inc.), Agreement and Plan of Reorganization (Third Coast Bancshares, Inc.)