Common use of President Clause in Contracts

President. The President shall be the chief executive officer and (if no other person has been appointed as such) the chief operating officer of the Company; shall (unless the Chairman of the Board elects otherwise) preside at all meetings of the Members and Board; shall have general supervision and active management of the business and finances of the Company; and shall see that all orders and resolutions of the Board or the Manager are carried into effect; subject, however, to the right of the directors to delegate any specific powers to any other officer or officers. In the absence of direction by the Manager, Board, or the Chairman of the Board to the contrary, the President shall have the power to vote all securities held by the Company and to issue proxies therefor. In the absence or disability of the President, the Chairman of the Board (if any) or, if there is no Chairman of the Board, the most senior available officer appointed by the Manager or the Board shall perform the duties and exercise the powers of the President with the same force and effect as if performed by the President, and shall be subject to all restrictions imposed upon him.

President. The President shall be the chief executive officer and (if no other person has been appointed as such) the chief operating officer of the Company; shall (unless the Chairman of the Board elects otherwise) preside at all meetings of the Members and Boarddirectors; shall have general supervision and active management of the business and finances of the Company; and shall see that all orders and resolutions of the Board or the Manager are carried into effect; subject, however, to the right of the directors to delegate any specific powers to any other officer or officers. In the absence of direction by the Manager, Board, Board or the Chairman of the Board Manager to the contrary, the President shall have the power to vote all securities held by the Company and to issue proxies therefor. In the absence or disability of the President, the any Chairman of the Board (if any) or, if there is no Chairman of the BoardChairman, the most senior available officer appointed by the Manager Board or the Board Manager shall perform the duties and exercise the powers of the President with the same force and effect as if performed by the President, and shall be subject to all restrictions imposed upon him.

President. The President shall be shall, subject to the chief executive officer and (if no other person has been appointed as such) the chief operating officer control of the Company; shall (unless Board of Directors and, if there be one, the Chairman of the Board elects otherwise) preside at all meetings of the Members and Board; shall Directors, have general supervision and active management of the business and finances of the Company; Corporation and shall see that all orders and resolutions of the Board or the Manager of Directors are carried into effect; subject. He shall execute all bonds, howevermortgages, to the right contracts and other instruments of the directors Corporation requiring a seal, under the seal of the Corporation, except where required or permitted by law to delegate any specific powers to any be otherwise signed and executed and except that the other officer or officers. In officers of the absence Corporation may sign and execute documents when so authorized by these By-Laws, the Board of direction by the Manager, Board, Directors or the Chairman of the Board to the contrary, the President shall have the power to vote all securities held by the Company and to issue proxies thereforPresident. In the absence or disability of the President, the Chairman of the Board (if any) orof Directors, or if there is be none, the President shall preside at all meetings of the stockholders and the Board of Directors. If there be no Chairman of the BoardBoard of Directors, the most senior available officer appointed President shall be the Chief Executive Officer of the Corporation. The President shall also perform such other duties and may exercise such other powers as from time to time may be assigned to him by these By-Laws or by the Manager or the Board shall perform the duties and exercise the powers of the President with the same force and effect as if performed by the President, and shall be subject to all restrictions imposed upon himDirectors.

President. The President shall be the chief executive officer and (if no other person has been appointed as such) the chief operating officer of the Company; shall (unless the Chairman of the Board elects otherwise) preside at all meetings of the Members and Board; shall have general supervision and active management of the business and finances of the Company; and shall see that all orders and resolutions of the Board or the Manager are carried into effect; subject, however, to the right of the directors to delegate any specific powers to any other officer or officers. In the absence of direction by the Manager, Board, Board or the Chairman of the Board to the contrary, the President shall have the power to vote all securities held by the Company and to issue proxies therefor. In the absence or disability of the President, the Chairman of the Board (if any) or, if there is no Chairman of the Board, the most senior available officer appointed by the Manager or the Board shall perform the duties and exercise the powers of the President with the same force and effect as if performed by the President, and shall be subject to all restrictions imposed upon him.

President. The President shall be shall, subject to the chief executive officer and (if no other person has been appointed as such) the chief operating officer control of the Company; shall (unless Board of Directors and, if there be one, the Chairman of the Board elects otherwise) preside at all meetings of the Members and Board; shall Directors, have general supervision and active management of the business and finances of the Company; Corporation and shall see that all orders and resolutions of the Board or the Manager of Directors are carried into effect; subject. The President shall execute all bonds, howevermortgages, to the right contracts and other instruments of the directors Corporation requiring a seal, under the seal of the Corporation, except where required or permitted by law to delegate any specific powers to any be otherwise signed and executed and except that the other officer or officers. In officers of the absence Corporation may sign and execute documents when so authorized by these Bylaws, the Board of direction by the Manager, Board, Directors or the Chairman of the Board to the contrary, the President shall have the power to vote all securities held by the Company and to issue proxies thereforPresident. In the absence or disability of the President, the Chairman of the Board (if any) orof Directors, or if there is be none, the President shall preside at all meetings of the stockholders and the Board of Directors. If there be no Chairman of the BoardBoard of Directors, or if the Board of Directors shall otherwise designate, the most senior available President shall be the Chief Executive Officer of the Corporation. The President shall also perform such other duties and may exercise such other powers as may from time to time be assigned to such officer appointed by these Bylaws or by the Manager or the Board shall perform the duties and exercise the powers of the President with the same force and effect as if performed by the President, and shall be subject to all restrictions imposed upon himDirectors.

President. The President shall be the chief executive officer and (if no other person has been appointed as such) the chief operating officer of the Company; shall (unless the Chairman of the Board elects otherwise) preside at all meetings of the Members stockholders and Board; shall be ex-officio a member of all standing committees, have general powers of oversight, supervision and active management of the business and finances affairs of the Company; corporation, and shall see that all orders and resolutions of the Board or the Manager of Directors are carried into effect; subject, however, to the right of the directors to delegate any specific powers to any other officer or officers. In the absence event another executive officer has been designated Chief Executive Officer of direction the corporation by the ManagerBoard of Directors, Boardthen (i) such other executive officer shall have all of the powers granted by the bylaws to the President; and (ii) the President shall, or subject to the powers of supervision and control thereby conferred upon the Chief Executive Officer, be the chief operating officer of the corporation and shall have all necessary powers to discharge such responsibility including general supervision of the affairs of the corporation and general and active control of all of its business. The President shall perform all the duties and have all the powers of the Chairman of the Board to the contrary, the President shall have the power to vote all securities held by the Company and to issue proxies therefor. In in the absence or disability of the President, the Chairman of the Board (if any) or, if there is no Chairman of the Board, the most senior available officer appointed by the Manager or the Board shall perform the duties and exercise the powers of the President with the same force and effect as if performed by the President, and shall be subject to all restrictions imposed upon him.

President. The President shall shall, subject to the control of --------- --------- the Board of Directors and, if there be the chief executive officer and (if no other person has been appointed as such) the chief operating officer of the Company; shall (unless one, the Chairman of the Board elects otherwise) preside at all meetings of the Members and Board; shall Directors, have general supervision and active management of the business and finances of the Company; Corporation and shall see that all orders and resolutions of the Board or the Manager of Directors are carried into effect; subject. He shall execute all bonds, howevermortgages, to the right contracts and other instruments of the directors Corporation requiring a seal, under the seal of the Corporation, except where required or permitted by law to delegate any specific powers to any be otherwise signed and executed and except that the other officer or officers. In officers of the absence Corporation may sign and execute documents when so authorized by these By-Laws, the Board of direction by the Manager, Board, Directors or the Chairman of the Board to the contrary, the President shall have the power to vote all securities held by the Company and to issue proxies thereforPresident. In the absence or disability of the President, the Chairman of the Board (if any) orof Directors, or if there is be none, the President shall preside at all meetings of the stockholders and the Board of Directors. If there be no Chairman of the BoardBoard of Directors, the most senior available officer appointed President shall be the Chief Executive Officer of the Corporation. The President shall also perform such other duties and may exercise such other powers as from time to time may be assigned to him by these By-Laws or by the Manager or the Board shall perform the duties and exercise the powers of the President with the same force and effect as if performed by the President, and shall be subject to all restrictions imposed upon himDirectors.

President. The President shall be the chief executive officer and (if no other person has been appointed as such) the chief operating officer of the Company; shall (unless the Chairman of the Board elects otherwise) preside at all meetings of the Members and Board; shall have general supervision and active management of the business and finances of the Company; and shall see that all orders and resolutions of the Board or the Manager are carried into effect; subject, however, to the right of the directors to delegate any specific powers to any other officer or officers. In the absence of direction by the Manager, Board, or the Chairman of the Board Board· to the contrary, the President shall have the power to vote all securities held by the Company and to issue proxies therefor. In the absence or disability of the President, the Chairman of the Board (if any) or, if there is no Chairman of the Board, the most senior available officer appointed by the Manager or the Board shall perform the duties and exercise the powers of the President with the same force and effect as if performed by the President, and shall be subject to all restrictions imposed upon him.

President. The President shall be shall, subject to the chief executive officer and (if no other person has been appointed as such) the chief operating officer control of the Company; shall (unless Board of Directors and, if there be one, the Chairman of the Board elects otherwise) preside at all meetings of the Members and Board; shall Directors, have general supervision and active management of the business and finances of the Company; Corporation and shall see that all orders and resolutions of the Board or the Manager of Directors are carried into effect; subject. The President shall execute all bonds, howevermortgages, to the right contracts and other instruments of the directors Corporation requiring a seal, under the seal of the Corporation, except where required or permitted by law to delegate any specific powers to any be otherwise signed and executed and except that the other officer or officers. In officers of the absence Corporation may sign and execute documents when so authorized by these By-Laws, the Board of direction by the Manager, Board, Directors or the Chairman of the Board to the contrary, the President shall have the power to vote all securities held by the Company and to issue proxies thereforPresident. In the absence or disability of the President, the Chairman of the Board (if any) orof Directors, or if there is be none, the President shall preside at all meetings of the stockholders and the Board of Directors. If there be no Chairman of the BoardBoard of Directors, or if the Board of Directors shall otherwise designate, the most senior available President shall be the Chief Executive Officer of the Corporation. The President shall also perform such other duties and may exercise such other powers as may from time to time be assigned to such officer appointed by these By-Laws or by the Manager or the Board shall perform the duties and exercise the powers of the President with the same force and effect as if performed by the President, and shall be subject to all restrictions imposed upon himDirectors.

President. The President shall be the chief executive officer and (if no other person has been appointed as such) the chief operating officer of the Company; shall (unless the Chairman of the Board elects otherwise) preside at all meetings of the Members and Board; shall have general supervision and active management of the business and finances of the Company; and shall see that all orders and resolutions of the Board or the Manager are carried into effect; subject, however, to the right of the directors to delegate any specific powers to any other officer or officers. In the absence of direction by the Manager, Board, or the Chairman of the Board to the contrary, the President shall have the power to vote all securities held by the Company and to issue proxies therefortherefore. In the absence or disability of the President, the Chairman of the Board (if any) or, if there is no Chairman of the Board, the most senior available officer appointed by the Manager or the Board shall perform the duties and exercise the powers of the President with the same force and effect as if performed by the President, and shall be subject to all restrictions imposed upon him.

President. The President shall be shall, subject to the chief executive officer and (if no other person has been appointed as such) the chief operating officer control of the Company; shall (unless Board of Directors and, if there be one, the Chairman of the Board elects otherwise) preside at all meetings of the Members and Board; shall Directors, have general supervision and active management of the business and finances of the Company; Corporation and shall see that all orders and resolutions of the Board or the Manager of Directors are carried into effect; subject. The President shall execute all bonds, howevermortgages, to the right contracts and other instruments of the directors Corporation requiring a seal, under the seal of the Corporation, except where required or permitted by law to delegate any specific powers to any be otherwise signed and executed and except that the other officer or officers. In officers of the absence Corporation may sign and execute documents when so authorized by these Bylaws, the Board of direction by the Manager, Board, Directors or the Chairman of the Board to the contrary, the President shall have the power to vote all securities held by the Company and to issue proxies thereforPresident. In the absence or disability of the President, the Chairman of the Board (if any) orof Directors, or if there be none, the President shall preside at all meetings of the stockholders and, provided the President is also a director, the Board of Directors. If there be no Chairman of the BoardBoard of Directors, or if the Board of Directors shall otherwise designate, the most senior available President shall be the Chief Executive Officer of the Corporation. The President shall also perform such other duties and may exercise such other powers as may from time to time be assigned to such officer appointed by these Bylaws or by the Manager or the Board shall perform the duties and exercise the powers of the President with the same force and effect as if performed by the President, and shall be subject to all restrictions imposed upon himDirectors.