Common use of Additional Director Clause in Contracts

Additional Director. Subject to the director nomination process of the Nominating/Corporate Governance Committee, MainSource and MainSource Bank shall appoint one individual who is a director of Cheviot Financial (as of the date hereof and as of the Effective Time) and who is designated by MainSource and MainSource Bank, in consultation with Cheviot Financial, as a member of the MainSource and MainSource Bank Boards of Directors, to be effective immediately after the Closing Date. MainSource and MainSource Bank shall commence such process promptly following the execution of this Agreement and shall conclude such process prior to the Closing.