Chairman of the Board of Managers, Chief Executive Officer, President and Vice President. The Chairman of the Board of Managers, if any, shall have such duties and powers as shall be designated from time to time by the Board of Managers. Subject to the terms and conditions of this Agreement, the Chief Executive Officer shall have direct and general charge and supervision of all business and administrative operations of the Company and all other such duties, responsibilities authority and privileges as are set forth in his employment agreement, if any, as amended from time to time, in addition to those duties, responsibilities, authority and privileges as are delegated to him by the Board or that a Chief Executive Officer of a Delaware corporation would have in respect of a Delaware corporation in the absence of a specific delegation of such duties, responsibility, authority and privileges. The Chief Executive Officer shall also perform such other duties that may be assigned by the Board to the extent consistent with this Agreement and his employment agreement, if any, as amended from time to time. The President and any Vice Presidents shall have duties as shall be designated from time to time by the Chief Executive Officer or by the Board of Managers.
Chairman of the Board of Managers, Chief Executive Officer, President and Vice President. The Chairman of the Board of Managers, if any, shall be selected by NBM for so long as NBM remains a Member and shall not be an officer of the Company and shall instead have such duties and powers as shall be designated from time to time by the Board of Managers. Subject to the terms and conditions of this Agreement, the Chief Executive Officer shall have direct and general charge and supervision of all business and administrative operations of the Company and all other such duties, responsibilities authority and privileges as are set forth in his employment agreement, if any, as amended from time to time, in addition to those duties, responsibilities, authority and privileges as are delegated to him by the Board of Managers or that a Chief Executive Officer of a Delaware corporation would have in respect of a Delaware corporation in the absence of a specific delegation of such duties, responsibility, authority and privileges. The Chief Executive Officer shall also perform such other duties that may be assigned by the Board of Managers to the extent consistent with this Agreement and his employment agreement, if any, as amended from time to time. The President and any Vice Presidents, if any, shall have duties as shall be designated from time to time by the Chief Executive Officer or by the Board of Managers.
Chairman of the Board of Managers, Chief Executive Officer, President and Vice President. The Chairman of the Board of Managers, if any, shall have such duties and powers as shall be designated from time to time by the Board of Managers. The Chairman of the Board of Managers shall be selected, approved and removed by the Board of Managers. The initial Chairman of the Board of Managers shall be Xxxxxx Xxxx. Subject to the terms and conditions of this Agreement, the Chief Executive Officer shall have direct and general charge and supervision of all business and administrative operations of the Company and all other such duties, responsibilities authority and privileges as are set forth in the Chief Executive Officer’s employment agreement, if any, as amended from time to time, in addition to those duties, responsibilities, authority and privileges as are delegated to the Chief Executive Officer by the Board or that a Chief Executive Officer of a California corporation would have in respect of a California corporation in the absence of a specific delegation of such duties, responsibility, authority and privileges. Subject to Section 8.11, the Chief Executive Officer along with the Chief Financial Officer shall be responsible for and have the authority and privileges necessary to ensure that the Company (i) applies for and obtains all necessary permits, licenses and approvals, (ii) complies with all applicable laws, (iii) timely pays Governmental Fees, if any, required by applicable law in order to maintain the unpatented lode mining claims and millsites included within the Properties and (iv) pays all advance minimum royalties or other payments required to maintain surface and mineral leases included in the Properties. The Chief Executive Officer shall also perform such other duties that may be assigned by the Board to the extent consistent with this Agreement and the Chief Executive Officer’s employment agreement, if any, as amended from time to time. The President and any Vice Presidents shall have duties as shall be designated from time to time by the Chief Executive Officer or by the Board of Managers.
