Transition Management. (a) DRI and CNG shall create a special transition management task force (the "Task Force") to be headed by ▇▇▇▇▇▇ ▇. ▇▇▇▇▇, Chairman and Chief Executive Officer of DRI, and in addition, to consist of two members nominated by CNG and two additional members nominated by DRI. The Task Force shall report its findings to the Board of Directors of each of DRI and CNG. (b) The functions of the Task Force shall include (i) serving as a conduit for the flow of information and documents between DRI and CNG as contemplated by Section 6.15, (ii) development of transition plans, corporate organizational and management plans, workforce combination proposals, and such other matters as may be appropriate and (iii) otherwise assisting DRI and CNG in making an orderly transition.
Appears in 3 contracts
Sources: Merger Agreement (Consolidated Natural Gas Co), Merger Agreement (Consolidated Natural Gas Co), Merger Agreement (Dominion Resources Inc /Va/)