Common use of Presiding Director Clause in Contracts

Presiding Director. The Presiding Director, if any, shall, if present, preside at the meetings of the shareholders and Board of Directors in the absence of the Chairman of the Board.

Presiding Director. The Presiding Director, if any, shall, if present, preside at the meetings of the shareholders and Board of Directors may, in its discretion, appoint a Presiding Director. The Presiding Director (if any) shall preside over executive sessions of the absence non-management Directors or independent Directors of the Board of Directors and, if the Chairman of the BoardBoard of Directors is not present, meetings of the Board of Directors and Shareholders. Other powers and responsibilities of the Presiding Director shall be established by the Board of Directors.