Tenure of office. The President shall be appointed with or without a term limit. The office of President shall be terminated by death, liquidation, resignation, dismissal, expiry of the term of office, or bankruptcy proceedings against the President. The President may resign from his position, provided that he notifies the partners by registered letter with acknowledgment of receipt, or by any traceable means, with a three-month notice period
Tenure of office. The term of office of the Director shall be fixed in the appointment decision, but that term shall not exceed the term of office of the President. It can be indeterminate. However, in the event of the termination of the President's duties, the Director shall remain in office, unless otherwise decided by the shareholders, until the appointment of the new President. The office of Director shall be terminated by death, liquidation, resignation, dismissal, expiry of term of office, or bankruptcy proceedings. The Director may resign from his position, provided that he notifies the partners by registered letter with acknowledgment of receipt, or by any traceable means, with a three-month notice period