Election, Term of Office and Qualifications. Officers may be elected from time to time by the Board of Managers. Such officers shall hold office until their successors are elected and qualified, or until such office is eliminated by amendment of this Agreement, in the case of the Named Officers, or by action of the Board of Managers, in the case of officers other than Named Officers. An officer who is a Manager shall hold office until the election and qualification of his or her successor even though he or she may cease to be a Manager.
Election, Term of Office and Qualifications. The Officers shall be appointed for such term as shall be determined from time to time by the Board. Each Officer shall hold office until a successor shall have been duly chosen and qualified or until such Officer’s earlier death, disqualification, resignation or removal.
Election, Term of Office and Qualifications. The officers of the Trust (except those appointed pursuant to Section 4.13 hereof) shall be chosen by the Board of Trustees at its first meeting or such subsequent meetings as shall be held prior to its first annual meeting and thereafter annually. If any officers are not chosen at any annual meeting, such officers may be chosen at any subsequent regular or special meeting of the Board. Except as provided in Sections 4.03, 4.04 and 4.05 hereof, each officer chosen by the Board of Trustees shall hold office until the next annual meeting of the Board of Trustees and until his successor shall have been chosen and qualified or until his earlier death. Any person may hold one or more offices of the Trust except the offices of President and Vice-President, but no officer shall execute, acknowledge, or verify an instrument in more than one capacity, if such instrument is required by law, by the Declaration of Trust, or by these By-Laws to be executed, acknowledged or verified by two or more officers. The Chairman of the Board, if any, shall be chosen from among the Trustees of the Trust and may hold such office only so long as he continues to be a Trustee. No other officer need be a Trustee.
Election, Term of Office and Qualifications. The Officers shall be chosen by the Managers from time to time. Each Officer shall hold office until a successor is chosen and qualified or until the death, resignation, or removal of such Officer.
Election, Term of Office and Qualifications. The officers, except as provided in Section 3 of this Article V, shall be chosen annually by the Board of Directors. Each such officer shall, except as herein otherwise provided, hold office until his successor shall have been chosen and shall qualify. The Chairman of the Board of Directors, if any, and the President shall be directors of the Corporation, and should any one of them cease to be a director, he shall ipso facto cease to be such officer. Except as otherwise provided by law, any number of offices may be held by the same person.
Election, Term of Office and Qualifications. Officers may be elected from time to time by the Board of Managers. Each of the Chairman and the President shall have the power to appoint officers, other than the Chairman, President, Secretary and Treasurer. The term of each officer elected by the Board of Managers shall be until their successor is elected and qualified unless sooner terminated as provided in this Agreement or by law, or until their office is eliminated by amendment of this Agreement, in the case of the Named Officers, or by action of the Board of Managers, in the case of officers other than the Named Officers. The term of each officer appointed by the Chairman or the President shall be until terminated as provided in this Agreement or by law, or until their office is eliminated by amendment of this Agreement, in the case of the Named Officers, or by action of the Board of Managers, in the case of officers other than the Named Officers. The term of an officer who is a Manager shall not be affected by the termination of the officer's Managership.
Election, Term of Office and Qualifications. The officers shall be chosen annually by the Board of Directors at its first regular meeting following the annual meeting of stockholders and each shall hold office until the corresponding meeting in the next year and until his successor shall have been elected and shall qualify, or until his earlier death or resignation or until he shall have been removed in the manner provided in Section 4.3. Any vacancy in any office shall be filled for the unexpired portion of the term by the Board of Directors at any regular or special meeting.
Election, Term of Office and Qualifications. Except for Assistant Treasurers, Assistant Secretaries and Attesting Secretaries appointed by the Chairman of the Board of Directors, the President of the Corporation, the Treasurer, or the Secretary, the officers of the Corporation shall be chosen annually by the Board of Directors at the first meeting thereof held after each annual meeting of stockholders for the election of directors and shall hold office until his successor shall have been duly chosen and shall qualify, or until his earlier death or his earlier resignation or removal in the manner hereinafter provided. SECTION 3.
Election, Term of Office and Qualifications. Each officer of the Corporation shall hold office until his or her successor shall have been duly chosen and shall qualify or until his or her earlier death, resignation or removal in the manner hereinafter provided. Except as otherwise provided by law, any number of offices may be held by the same person.
Election, Term of Office and Qualifications. The Trustees shall elect the officers of the Trust (unless such power has been delegated pursuant to Section 5.7 hereof). Each officer elected by the Trustees shall hold office until his or her successor shall have been elected and qualified or until his or her earlier death, inability to serve, removal or resignation. No officer need be a Shareholder or a Trustee. The chairman of the Board of Trustees shall be chosen from among the Trustees and may hold such position only so long as he or she continues to be a Trustee. The chairman of the Board of Trustees is not an officer of the Trust as a result of serving in such capacity. Any person may hold one or more offices of the Trust except that the president may not hold the office of vice president, the secretary may not hold the office of assistant secretary, and the treasurer may not hold the office of assistant treasurer; provided further that a person who holds more than one office may not act in more than one capacity to execute, acknowledge or verify an instrument required by law to be executed, verified or acknowledged by more than one officer.
