Common use of Establishment of Committees Clause in Contracts

Establishment of Committees. The Company and the Bank hereby establish two committees to, in addition to the Managers (described in Section 3.3(a) below), oversee and review the conduct of the Program pursuant to this Agreement and perform any other action that, pursuant to any express provision of this Agreement (including Section 3.2(d)(ii)(D)), requires the committee’s action: (i) a Strategic Operating Committee (the “Strategic Operating Committee”) and (ii) a Marketing Committee (the “Marketing Committee”).

Establishment of Committees. The Company and the Bank hereby establish two committees to, in addition to the Managers (described in Section 3.3(a) below), oversee and review the conduct of the Program pursuant to this Agreement and perform any other action that, pursuant to any express provision of this Agreement (including Section 3.2(d)(ii)(D)), requires the committee’s actionAgreement: (i) a marketing committee (the “Marketing Committee”), and (ii) a Strategic Operating Committee (the “Strategic Operating Committee”) and (ii) a Marketing Committee (the “Marketing Committee”).