Election of Officers and Term of Office. The initial Chief Executive Officer shall be Xxxx X.
Election of Officers and Term of Office. The President shall be elected from time to time by the Member. Each Officer shall hold office until a successor shall have been duly elected or appointed and shall have qualified or until such Officer’s death, resignation or removal in the manner provided hereinafter.
Election of Officers and Term of Office. In addition to the Chairperson, the Board may appoint other officers of the Company as determined by a majority of the total votes held by the Managers on the Board (each, an “Officer” and collectively, the “Officers”), with powers, authorities and duties as the Board may from time to time determine, by a majority of the total votes held by the Managers on the Board, provided that no Officer may be granted power or authority to take an action which requires the vote of the Managers on the Board unless the delegation of such power or authority is approved by the requisite vote of the Managers on the Board. Each Officer shall hold office until a successor shall have been duly elected or appointed or until such Officer’s death, resignation or removal in the manner provided hereinafter. An Officer may, but need not, be a resident of the State of Delaware, a Manager or a Member. Any one Person may hold more than one office.
Election of Officers and Term of Office. The officers of the Corporation, or those officers appointed in accordance with the provisions of section 9.03, shall be elected by the Board of Directors to serve for two year terms or until their successors are elected and qualify. Each officer shall serve at the pleasure of the Board of Directors, subject to the rights, if any, of an officer under any contract of employment.
