Common use of The Chief Executive Officer Clause in Contracts

The Chief Executive Officer. The chief executive officer shall have, subject to the supervision, direction and control of the board of directors, ultimate authority for decisions relating to the supervision, direction and management of the affairs and the business of the Corporation customarily and usually associated with the position of chief executive officer, including, without limitation, all powers necessary to direct and control the organizational and reporting relationships within the Corporation. If at any time the office of the chairman and vice chairman of the board shall not be filled, or in the event of the temporary absence or disability of the chairman of the board and the vice chairman of the board, the chief executive officer shall perform the duties and exercise the powers of the chairman of the board unless otherwise determined by the board of directors.

The Chief Executive Officer. The chief executive officer Chief Executive Officer shall have, subject to the supervision, direction and control of the board of directorsBoard, ultimate authority for decisions relating to the supervision, direction and management of the affairs and the business of the Corporation customarily and usually associated with the position of chief executive officerChief Executive Officer, including, without limitation, all powers necessary to direct and control the organizational and reporting relationships within the Corporation. If at any time the office of the chairman Chairman and vice chairman Vice Chairman of the board Board shall not be filled, or in the event of the temporary absence or disability of the chairman Chairman of the board Board and the vice chairman Vice Chairman of the boardBoard, the chief executive officer Chief Executive Officer shall perform the duties and exercise the powers of the chairman Chairman of the board Board unless otherwise determined by the board of directorsBoard.