Common use of Titles and Number Clause in Contracts

Titles and Number. The Officers of the Company may consist of a Chief Executive Officer, a President, one or more Vice Presidents, a Chief Financial Officer, a General Counsel, a Chief Operating Officer, a Chief Accounting Officer, a Treasurer, one or more Assistant Treasurers, a Secretary, one or more Assistant Secretaries and such other Officers as the Board may elect or appoint from time to time. Officers are not “managers” as that term is used in the Delaware Act. Any number of Officer positions of the Company may be held by the same person. The Board may elect or appoint from among the members of the Board a person to act as Chairman of the Board, who shall not be deemed an Officer unless he or she has otherwise been elected or appointed as such. Each Officer shall serve until his or her successor is duly elected and qualified (or his or her earlier death, resignation or removal from office). Any Officer may resign at any time by delivering his or her written resignation to the Board.