Common use of Duties and Powers of the President Clause in Contracts

Duties and Powers of the President. Subject to such supervisory powers, if any, as may be given by the Managers to the chairperson, the president shall be the chief operating officer of the Company, and shall, subject to the control of the Managers, have general and active day-to-day management of the business of the Company and shall see that all orders and resolutions of the Members and the Managers are carried into effect. The president shall have the general powers and duties of management usually vested in the office of president of a corporation, and shall have such other powers and duties as may be prescribed by the Managers or this Agreement. The president shall execute bonds, mortgages and other contracts requiring a seal, under the seal of the Company, except where required or permitted by law to be otherwise signed and executed, and except where the signing and execution thereof shall be expressly delegated by the Manager to some other officer or agent of the Company.

Duties and Powers of the President. Subject to such the supervisory powerspowers of the Manager, the President, if anythere is one, as may be given by the Managers to the chairperson, the president shall be the chief operating executive officer of the Company, and shall, subject to in the control absence of a separate appointment of the Managers, have general and active day-to-day management Chief Executive Officer. The President also shall preside at all meetings of the business of Members. The President shall perform such other duties and have such other powers as the Company Manager shall designate from time to time and shall see that all orders and resolutions of the Members and the Managers Manager are carried into effect. The president Subject to the foregoing, the President shall have the general powers and duties of management usually vested in the office of president of a corporation. Without limiting the foregoing, and the President shall have such other powers and duties as may be prescribed by the Managers or this Agreement. The president shall (i) execute bonds, mortgages and other contracts requiring a seal, under the seal of the Company, except where required or permitted by law to be otherwise signed and executed, and except where the signing and execution thereof shall be expressly delegated by the Manager to some other officer or agent of the Company and (ii) be entitled to vote securities and other equity interests held by the Company.

Duties and Powers of the President. Subject to such supervisory powers, if any, as may be given by the Managers to the chairperson, if there be such an officer, the president shall be the chief operating executive officer of the Company, and shall, subject to the control of the Managers, have general and active day-to-day management of the business of the Company and shall see that all orders and resolutions of the Members and the Managers are carried into effect. The president He or she shall have the general powers and duties of management usually vested in the office of president of a corporation, and shall have such other powers and duties as may be prescribed by the Managers or this Agreement. The president shall execute bonds, mortgages and other contracts requiring a seal, under the seal of the Company, except where required or permitted by law to be otherwise signed and executed, and except where the signing and execution thereof shall be expressly delegated by the Manager Managers to some other officer or agent of the Company.

Duties and Powers of the President. Subject to such supervisory powers, if any, as may be given by the Managers to the chairpersonchairman, if there be such an officer, the president shall be the chief operating executive officer of the Company, and shall, subject to the control of the Managers, have general and active day-to-day management of the business of the Company and shall see that all orders and resolutions of the Members and the Managers are carried into effect. The president He or she shall have the general powers and duties of management usually vested in the office of president of a corporation, and shall have such other powers and duties as may be prescribed by the Managers or this Agreement. The president shall execute bonds, mortgages and other contracts requiring a seal, under the seal of the Company, except where required or permitted by law to be otherwise signed and executed, and except where the signing and execution thereof shall be expressly delegated by the Manager Managers to some other officer or agent of the Company.

Duties and Powers of the President. Subject to such supervisory ---------------------------------- powers, if any, as may be given by the Managers Members to the chairperson, the president shall be the chief operating executive officer of the Company, and shall, subject to the control of the Managers, Members and this Agreement have authority and responsibility to carry out the general and active day-to-day management of the business of the Company on behalf of the Managing Member and shall see that all orders and resolutions of the Members and the Managers Members are carried into effect. The president He shall have the general powers and duties of management usually vested in the office of president of a corporation, and shall have such other powers and duties as may be prescribed by the Managers Members or this Agreement. The president shall execute bonds, mortgages and other contracts requiring requiting a seal, under the seal of the Company, except where required or permitted by law to be otherwise signed and executed, and except where the signing and execution thereof shall be expressly delegated by the Manager Members to some other officer or agent of the Company.