Common use of Chairman and Vice Chairman Clause in Contracts

Chairman and Vice Chairman. Unless provided otherwise by a resolution of the Governors, the Chairman shall preside at meetings of the Members and the Governors; shall see that all orders and resolutions of the Governors are carried into effect; may maintain records of and certify proceedings of the Governors and Members; and shall perform such other duties as may from time to time be prescribed by the Governors. The Vice Chairman shall, in the absence or disability of the Chairman, perform the duties and exercise the powers of the Chairman and shall perform such other duties as the Governors or the Chairman may from time to time prescribe. The Governors may designate more than one Vice Chairman, in which case the Vice Chairmen shall be designated by the Governors so as to denote which is most senior in office.