Officers of the Partnership. The officers of the Partnership shall be a chairman and chief executive officer, one or more vice chairmen, a president, one or more vice-presidents, a chief financial officer, a treasurer, a secretary, one or more assistant treasurers and assistant secretaries, and such other officers as may be elected or appointed from time to time by the Management Committee. Any two or more offices may be held by the same person. Each officer shall hold office until his successor shall have been duly elected or until his death or until he shall resign or shall have been removed by the Management Committee. Election of an officer shall not of itself create contract rights. Each officer shall have the power and authority, in his sole discretion, to delegate any and all of his duties and responsibilities as an officer of the Partnership.
Appears in 25 contracts
Samples: Kimball Hill Calusa Palms Limited Partnership Agreement (Kimball Hill, Inc.), The Glen Townhomes Limited Partnership Agreement (Kimball Hill, Inc.), Kimball Mountain First Limited Partnership Agreement (Kimball Hill, Inc.)
