Term of Office/Election. The Member shall elect the officers of the LLC. Vacancies may be filled or new offices created and filled at any meeting of the Member. All officers shall hold office positions unless or until their death, removal from office, or resignation. Election or appointment of an officer or agent shall not, in and of itself, create a contract right.
Term of Office/Election. The Member shall elect the officers of the LLC annually by a majority vote. Vacancies may be filled or new offices created and filled at any meeting of the Member. All officers shall hold office positions unless or until their death, removal from office, or resignation. Election or appointment of an officer or agent shall not, in and of itself, create a contract right.
Term of Office/Election. Those Trustees appointed to the Initial Board of Trustees shall serve staggered terms of one, two, and three years as set forth in Schedule B hereto. Thereafter, the CCE Participant Physicians shall at all times maintain two seats on the Board of Trustees through election of replacement Physician Trustees, and the CCE Participant Hospitals shall at all times maintain three seats on the Board of Trustees through appointment of replacement Hospital Trustees. Replacement Beneficiary Trustees shall be appointed by mutual agreement of the then-current Physician Trustees and Hospital Trustees and shall be considered Hospital Trustees for the purposes of establishing a quorum and voting. After the initial staggered terms, each Trustee shall serve for a term of three years and shall hold office until his/her successor is duly appointed or elected or until his/her earlier death, resignation, disqualification, or other termination of office in accordance with law, the Articles of Organization of the Company, or this Agreement. A Trustee may be reelected or reappointed for an unlimited number of terms.
