Common use of Classification of Directors Clause in Contracts

Classification of Directors. The Board of Directors of the Corporation shall be divided into three (3) classes, as nearly equal in number as possible, as provided in the Corporation's Articles of Incorporation.

Appears in 3 contracts

Sources: Merger Agreement (First Jermyn Corp), Consolidation Agreement (BCB Financial Services Corp /Pa/), Agreement and Plan of Consolidation (Patriot Bank Corp)

Classification of Directors. The Board of Directors of the ----------- --------------------------- Corporation shall be divided into three (3) classes, as nearly equal in number as possible, as provided in the Corporation's Articles of Incorporation.

Appears in 1 contract

Sources: Consolidation Agreement (Heritage Bancorp Inc /Pa/)