Common use of DIRECTOR POSITIONS Clause in Contracts

DIRECTOR POSITIONS. The Board of Directors of CCBF (the "CCBF Board") shall nominate and use its best efforts to secure the election of Executive as a director of CCBF during the term of this Agreement. The CCBF Board shall also cause CCBF to vote the outstanding shares of CCB Bank and CCBF's other direct Subsidiaries to elect Executive as a member of the Board of Directors of CCB Bank (the "Bank Board") and of the Boards of Directors of those of the other direct Subsidiaries of CCBF as would be useful to Executive in the performance of his duties. The Bank Board shall cause CCB to vote the outstanding shares of its direct Subsidiaries to elect Executive as a director of such Subsidiaries as would be useful in the performance of his duties. At all times the Executive serves as a director of CCBF and CCB Bank pursuant to this Section 2(b), he shall be appointed to the Executive Committees of the CCBF Board and the Bank Board.