Common use of Positions and Reporting Clause in Contracts

Positions and Reporting. Executive shall serve as Chairman of the Board of Directors (the “Board”) and Chief Executive Officer of Bancshares. During the Employment Period, Executive shall report directly to the Board.

Appears in 2 contracts

Sources: Employment Agreement (1st Century Bancshares, Inc.), Employment Agreement (1st Century Bancshares, Inc.)

Positions and Reporting. Executive shall serve as Chairman of the Board of Directors (the “Board”) President and Chief Executive Operating Officer of Bancshares. During the Employment Period, Executive shall report directly to the Board of Directors of Bancshares (the “Board”).

Appears in 2 contracts

Sources: Employment Agreement (1st Century Bancshares, Inc.), Employment Agreement (1st Century Bancshares, Inc.)