Board Operation. 5.1. Chair of Board. The Trustees appointed under Section 4.1 must: (a) designate one of the Trustees appointed under Section 4.1 as chair of the Board; or (b) appoint a person, not appointed pursuant to Section 4.1, as a Trustee and designate that person as chair of the Board.
Appears in 3 contracts
Sources: Joint Trust Agreement, Joint Trust Agreement, Joint Trust Agreement