Common use of Chairperson and Vice Chairperson Clause in Contracts

Chairperson and Vice Chairperson. The Board of Managers shall designate one of its members as the Chairperson and another as the Vice Chairperson. The Cinergy Managers shall have the right to designate the Chairperson serving for a three-year term from the formation of the Company. The next Chairperson shall be designated by the Trigen Solutions Managers and shall serve for a term of three (3) years, with the position thereafter alternating for three-year terms between the designees of each of the Cinergy Managers and the Trigen Solutions Managers. A Vice Chairperson shall be designated by the Managers whose designee is not serving as the Chairperson. Neither the Chairperson nor the Vice Chairperson shall have any additional or special voting rights and either may be replaced at any time during his or her term by the Managers by whom initially designated. The Chairperson shall preside over all meetings of the Board of Managers. In the absence of the Chairperson, the Vice Chairperson shall preside over a meeting of the Board of Managers. The Chairperson and Vice Chairperson shall have such other authority and perform such duties as the Board of Manages may determine in its sole discretion.

Chairperson and Vice Chairperson. The Board of Managers shall designate one of its members as the Chairperson and another as the Vice Chairperson. The Cinergy Managers shall have the right to designate the Chairperson serving to serve for a three-year term from commencing at the formation of the Company. The next Chairperson shall be designated by the Trigen Solutions Managers and shall serve for a term of three (3) years, with the position thereafter alternating for three-year terms between the designees of each of the Cinergy Managers and the Trigen Solutions Managers. A Vice Chairperson shall be designated by the Managers whose designee is not serving as the Chairperson. Neither the Chairperson nor the Vice Chairperson shall have any additional or special voting rights and either may be replaced at any time during by the Board of Managers from his or her term by the Managers by whom initially designatedrespective Company. The Chairperson shall preside over all meetings of the Board of Managers. In the absence of the Chairperson, the Vice Chairperson shall preside over a meeting of the Board of Managers. The Chairperson and Vice Chairperson shall have such other authority and perform such other duties as the Board of Manages Managers may determine in its sole discretion.

Chairperson and Vice Chairperson. The Board of Managers shall designate one of its members as the Chairperson and another as the Vice Chairperson. The Cinergy Managers shall have the right to designate the Chairperson serving to serve for a three-year term from commencing at the formation of the Company. The next Chairperson shall be designated by the Trigen Solutions Managers and shall serve for a term of three (3) years, with the position thereafter alternating for three-year terms between the designees of each of the Cinergy Managers and the Trigen Solutions Managers. A Vice Chairperson shall be designated by the Managers whose designee is not serving as the Chairperson. Neither the Chairperson nor the Vice Chairperson shall have any additional or special voting rights and either may be replaced at any time during his or her term by the Managers Manager by whom initially designated. The Chairperson shall preside over all meetings of the Board of Managers. In the absence of the Chairperson, the Vice Chairperson shall preside over a meeting of the Board of Managers. The Chairperson and Vice Chairperson shall have such other authority and perform such other duties as the Board of Manages Managers may determine in its sole discretion.

Chairperson and Vice Chairperson. The Board of Managers shall designate one of its members as the Chairperson and another as the Vice Chairperson. The Cinergy Trigen Solutions Managers shall have the right to designate the Chairperson and the Cinergy Solutions Managers shall have the right to designate the Vice Chairperson, with each appointee serving for a three-year term commencing from the date of the formation of the CompanyCompany and continuing until May 9, 2003. The next Chairperson shall be designated by Thereafter, the Board of Managers (acting together and without distinguishing between the Trigen Solutions Managers and shall serve for a term of three (3) years, with the position thereafter alternating for three-year terms between the designees of each of the Cinergy Managers and the Trigen Solutions Managers. A Vice Chairperson ) shall be designated by the Managers whose designee is not serving designate one of its members to serve as the Chairperson and another member to serve as the Vice Chairperson. Neither the Chairperson nor the Vice Chairperson shall have any additional or special voting rights and either may be replaced at any time during his or her term by the Managers by whom initially designated. The Chairperson shall preside over all meetings of the Board of Managers. In the absence of the Chairperson, the Vice Chairperson shall preside over a meeting of the Board of Managers. The Chairperson and Vice Chairperson shall have such other authority and perform such duties as the Board of Manages Managers may determine in its sole discretion.