Common use of Director Position Clause in Contracts

Director Position. Subject to all legal limitations and conditions applicable to service as a director of CCB, (i) the Board of Directors of CCB shall nominate and use its best efforts to secure the election of Executive as a director of CCB during the term of this Agreement, and (ii) if so elected, Executive shall serve as member of Executive Committee of the Board of Directors of CCB.

Appears in 2 contracts

Sources: Employment Agreement (CCB Financial Corp), Employment Agreement (CCB Financial Corp)