The CHX Holdings Board will elect its Chairman from among the directors on the CHX Holdings Board. [ 12 ] The Chairman of the CHX Holdings Board may serve as the CEO of CHX Holdings but may hold no other office in CHX Holdings. [ 13 ] The Chairman of the CHX Holdings Board will nominate the Vice Chairman of the CHX Holdings Board, and the CHX Holdings Board will elect the Vice Chairman by majority vote. [ 14 ] The Vice Chairman may hold no other office in CHX Holdings. [ 15 ] Neither the Chairman nor the Vice Chairman of CHX Holdings will be subject to any limit on the number of terms that he or she may serve.