Common use of Executive Chairman Clause in Contracts

Executive Chairman. The board may from time to time appoint an executive chairman who shall be a director and, subject to the authority of the board, shall have such powers and duties as the board may specify. If appointed, the executive chairman shall be the chair of the board. The executive chairman shall be an officer of the Corporation and will report directly to the board.

Appears in 2 contracts

Samples: Arrangement Agreement (Potash Corp of Saskatchewan Inc), Arrangement Agreement (Agrium Inc)

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Executive Chairman. The board may from time to time appoint an executive chairman who Executive Chairman of the Board, if any, shall be a director andchosen from among the Managers by Board Consent. If present, subject to the authority Executive Chairman shall preside at all meetings of the board, Board and the Members and shall have perform such powers additional functions and duties as the board Board may specifyprescribe from time to time. If appointed, the executive chairman shall be the chair The Board may also elect an Executive Vice Chairman of the board. The executive chairman shall be an officer Board to act in the place of the Corporation and will report directly Executive Chairman of upon his or her absence or disability, or in the event that it is impractical for the Executive Chairman to the boardact personally.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Grizzly Energy, LLC), Limited Liability Company Agreement (Grizzly Energy, LLC)

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