Common use of Vice President Clause in Contracts

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies therefor.

Vice President. Each Vice President, if any, The Vice-President(s) shall have such powers and perform such duties as shall may from time to time be assigned to such person and shall exercise such powers as may be granted to such person him or her by the Manager, Member or the Board or by President. At the President request of the Company. In the President, or in his or her absence of direction by the Manageror disability, the Board or the President to the contrary, any a Vice President shall perform all duties of the President, and so acting, shall have all the power powers of and be subject to vote all securities held by the Company and to issue proxies thereforrestrictions placed upon the President.

Vice President. Each Any Vice President, if any, President shall exercise such powers and perform such duties as shall be assigned determined from time to such person and shall exercise such powers as may be granted to such person time by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies therefor.

Vice President. Each The Vice President, if any, shall or if there is more than one, the Vice Presidents in the order determined by the Board of Managers, will, in the absence or disability of the President, perform the duties and exercise the powers of the President. Each Vice President will, under the supervision of the President, perform such other duties as shall be assigned to and have such person and shall exercise such other powers as may be granted to such person prescribed by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board Managers or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies thereforPresident.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person him or her and shall exercise such powers as may be granted to such person him or her by the Manager, the Board or by the President of the Company. In the absence of direction by the ManagerBoard, the Board Manager or the President to the contrary, the any Senior Vice President shall have the power to vote all securities held by the Company and to issue proxies therefor.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power powers and duties delegated to vote all securities held him or her by the Company Board of Directors or the President. One Vice President may be designated by the Board of Directors to perform the duties and to issue proxies thereforexercise the powers of the President in the event of the President’s absence or disability.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person him or her and shall exercise such powers as may be granted to such person him or her by the ManagerGeneral Partner(s), the Board or by the President of the CompanyPartnership. In the absence of direction by the ManagerBoard, the Board General Partner(s) or the President to the contrary, any Senior Vice President shall have the power to vote all securities held by the Company Partnership and to issue proxies therefor.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power such powers and duties as may be delegated to vote all securities held him or her by the Company Operating Committee. One (1) Vice President shall be designated by the Operating Committee to perform the duties and to issue proxies thereforexercise the powers of the President in the event of the President’s absence or disability.

Vice President. Each Vice President, if any, President shall perform such duties as shall be assigned to such person and shall exercise have such powers and duties as may be granted delegated to such person him or her by the Manager, the Board or by the President Chairman of the Company. In the absence of direction by the ManagerBoard, the Board Board, or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies thereforChief Executive Officer.

Vice President. Each Vice President, if anyelected, shall have such powers and shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person specified in the Bylaws or prescribed by the Manager, the Board of Directors or by the President of the CompanyPresident. In the event of absence or disability of direction the President, Vice Presidents shall succeed to his power and duties in the order designated by the Manager, the Board or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies thereforof Directors.

Vice President. Each The Vice President, if any, President(s) shall perform have such duties as shall may be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board President or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies thereforLeadership Council.

Vice President. Each Vice President, if any, vice president shall perform such duties as shall be assigned to such person and shall exercise have such powers and duties as may be granted delegated to such person him or her by the Manager, Board of Directors or the president. One vice president shall be designated by the Board or by of Directors to perform the duties and exercise the powers of the President in the event of the Company. In the President’s absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies therefordisability.

Vice President. The Vice President or if there shall be more than one, the Vice Presidents, in the order of their seniority unless otherwise specified by the Member, shall have all the powers and perform all the duties of the President during the absence or inability to act of the President. Each Vice President also shall have such other powers and perform such other duties as shall from time to time be prescribed by, or pursuant to authority delegated by, the Member or the President. A Vice President may be designated as an Executive Vice President, if any, shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any a Senior Vice President shall have the power to vote all securities held by the Company and to issue proxies thereforor a Vice President with a functional title.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person him or her and shall exercise such powers as may be granted to such person him or her by the ManagerGeneral Partner(s), the Board or by the President of the CompanyPartnership. In the absence of direction by the ManagerBoard, the Board General Partner(s) or the President to the contrary, the any Senior Vice President shall have the power to vote all securities held by the Company Partnership and to issue proxies therefor.

Vice President. Each Vice PresidentVice-President shall have such powers, if any, and shall perform such duties duties, as shall be assigned to such person and shall exercise such powers as may be granted to such person him by the Manager, the Board of Directors or by the President President, and, in the order determined by the Board, shall, in the absence or disability of the Company. In the absence of direction by the ManagerPresident, the Board or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company perform his duties and to issue proxies thereforexercise his powers.

Vice President. Each Vice President, if any, vice president shall perform have such powers and duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President chairman assigns to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies thereforhim.

Vice President. Each Vice President, if any, vice president shall perform have such powers and duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President president assigns to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies thereforhim.

Vice President. Each Vice President, if any, President shall perform have all such powers and duties as shall be assigned are commonly incident to such person and shall exercise such powers as may be granted the office of Vice President or that are delegated to such person him or her by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Chief Executive Officer. A Vice President shall have the power to vote all securities held may be designated by the Company Board to perform the duties and to issue proxies thereforexercise the powers of the Chief Executive Officer or President in the event of the Chief Executive Officer’s or President’s absence or disability.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power such powers and duties as may be delegated to vote all securities held him or her by the Company Board of Directors. One (1) Vice President shall be designated by the Board of Directors to perform the duties and to issue proxies thereforexercise the powers of the President in the event of the President’s absence or disability.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person him or her and shall exercise such powers as may be granted to such person him or her by the ManagerGeneral Partner, the Board or by the President of the CompanyPartnership. In the absence of direction by the ManagerBoard, the Board General Partner or the President to the contrary, any Senior Vice President shall have the power to vote all securities held by the Company Partnership and to issue proxies therefor.

Vice President. Each Vice President, if any, The vice president or vice presidents shall perform such duties as shall may from time to time be assigned to such person and shall exercise such powers as may be granted to such person it or them by the ManagerManager(s) or the president. At the request of the president or in case of its absence or disability, the Board or by the President vice president, or, if more than one, one of the Company. In vice presidents in the absence order of direction by their seniority, shall perform all the Manager, duties of the Board or the President to the contrary, any Vice President president and when so acting shall have all of the power to vote all securities held by authority of the Company and to issue proxies thereforpresident.

Vice President. Each Vice President, if any, President shall perform have all such powers and duties as shall be assigned are commonly incident to the office of Vice President or that are delegated to such person and shall exercise such powers as may be granted to such person Vice President by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Chief Executive Officer. A Vice President shall have the power to vote all securities held may be designated by the Company Board to perform the duties and to issue proxies thereforexercise the powers of the Chief Executive Officer or President in the event of the Chief Executive Officer’s or President’s absence or disability.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have such powers and duties as the power to vote all securities held by Board of Directors or the Company and to issue proxies thereforChief Executive Officer may assign.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power such powers and duties as may be delegated to vote all securities held him or her by the Company Board of Managers or any duly authorized committee thereof. One (1) Vice President shall be designated by the Board to perform the duties and to issue proxies thereforexercise the powers of the President in the event of the President’s absence or disability.

Vice President. Each Vice President, if any, President shall perform have such powers and duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President Chairman assigns to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies thereforhim or her.

Vice President. The Vice President or if there shall be more than one, the Vice Presidents, in the order of their seniority unless otherwise specified by the Managing Member, shall have all of the powers and perform all of the duties of the President during the absence or inability to act of the President. Each Vice President, if any, President shall also have such other powers and perform such other duties as shall from time to time be assigned to such person and shall exercise such powers as may be granted to such person prescribed by the ManagerManaging Member, the Board or by the President of the Company. In the absence of direction by the Manager, the Board Chairman or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies thereforPresident.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have such powers and duties as the power to vote all securities held by the Company and to issue proxies thereforBoard of Directors or Chief Executive Officer may assign.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have such powers and duties as generally pertain to the power office of Vice President and as the Board of Directors or the President may from time to vote all securities held time prescribe. During the absence of the President or his inability to act, the Vice President, or if there shall be more than one Vice President, then that one designated by the Company Board of Directors, shall exercise the powers and shall perform the duties of the President, subject to issue proxies thereforthe direction of the Board of Directors.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power such powers and duties as may be delegated to vote all securities held him or her by the Company Board of Directors. One (1) Vice President shall be designated by the Board to perform the duties and to issue proxies thereforexercise the powers of the President in the event of the President's absence or disability.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power such powers and duties as may be delegated to vote all securities held him or her by the Company and to issue proxies thereforBoard of Managers.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power such powers and duties as may be delegated to vote all securities held him or her by the Company Board of Directors. One (1) Vice President shall be designated by the Board of Directors to perform the duties and to issue proxies thereforexercise the powers of the President in the event of the President's absence or disability.

Vice President. Each Vice President, President (including one or more Executive Vice Presidents and one or more Senior Vice Presidents if any, deemed appropriate by the Board) shall perform such duties as shall be assigned to such person and shall exercise have such powers and duties as may be granted delegated to such person him or her by the ManagerBoard, the Board or by the President Chair of the Company. In the absence of direction by the ManagerBoard, the Board Chief Executive Officer or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies thereforPresident.

Vice President. Each The Vice Presidents, including any Executive Vice President, if any, shall perform such duties as shall be assigned to such person and shall exercise have such powers as may from time to time be granted assigned to such person by the Manager, the Board or them by the President or the Board of the CompanyDirectors. In the absence of direction by the Manager, the Board or the President to the contraryPresident, any Vice President shall have may perform the power to vote all securities held by duties of the Company and to issue proxies thereforPresident.

Vice President. Each Vice President, if any, President shall perform such duties as shall be assigned to such person and shall exercise have such powers and duties as may be granted delegated to such person him or her by the Manager, the Board or by the President Chairman of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies thereforBoard.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person him or her and shall exercise such powers as may be granted to such person him or her by the ManagerGeneral Partner, the Board or by the President of the CompanyPartnership. In the absence of direction by the ManagerBoard, the Board General Partner or the President to the contrary, the any Senior Vice President shall have the power to vote all securities held by the Company Partnership and to issue proxies therefor.

Vice President. Each The Vice President, if any, President shall have all of the powers and perform all of the duties of the President during his or her absence or inability to act. The Vice President shall also have such other powers and perform such other duties as shall be assigned prescribed from time to such person and shall exercise such powers as may be granted to such person time by the Manager, Board of Managers or the President. The Company may have more than one Vice President if approved by the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies thereforManagers.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power such powers and duties as may be delegated to vote all securities held him or her by the Company Board of Directors. One Vice President shall be designated by the Board of Directors to perform the duties and to issue proxies thereforexercise the powers of the President in the event of the President’s absence or disability.

Vice President. Each Vice PresidentVice-President shall have such powers, if any, and shall perform such duties duties, as shall be assigned to such person and shall exercise such powers as may be granted to such person him or her by the Manager, the Board of Directors or by the President President, and, in the order determined by the Board, shall, in the absence or disability of the Company. In the absence of direction by the ManagerPresident, the Board or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company perform his duties and to issue proxies thereforexercise his powers.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power such powers and duties as may be delegated to vote all securities held him or her by the Company and to issue proxies thereforPresident or the Manager.

Vice President. Each Vice President, if any, President shall have such powers and shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person specified in this Operating Agreement or prescribed by the ManagerBoard of Governors. In the event of absence or disability of the President, the Board of Governors may designate a Vice President or by Vice Presidents to succeed to the President power and duties of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies thereforPresident.

Vice President. Each The Vice PresidentPresidents shall have such powers and duties as may be prescribed by the Board of Directors or as may be delegated by the President or the Chief Executive Officer. In case of the absence or disability of the President or when circumstances prevent the President from acting, if anythe Vice Presidents, in the order designated by the Board of Directors, shall perform the duties of the President, and in such duties as case, the power of the Vice President to execute all authorized deeds, mortgages, bonds, contracts and other obligations, the name of the Bank, shall be assigned to such person and shall exercise such coordinate with like powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies thereforPresident.

Vice President. Each Vice President, if any, President shall perform such duties as shall be assigned to such person and shall exercise have such powers and duties as may be granted delegated to such person him by the Manager, Board of Directors. One Vice President shall be designated by the Board or by of Directors to perform the duties and exercise the powers of the President in the event of the CompanyPresident’s absence or disability. In the absence of direction by the Manager, Chairperson and the Board or the President to the contraryPresident, any Vice President shall have who is a director shall, in the power to vote all securities held order prescribed by a resolution of the Company Board of Directors, preside at meetings of the stockholders and to issue proxies thereforthe Board of Directors.

Vice President. Each The Vice PresidentPresidents, if any, shall perform such duties as shall be assigned to and have such person and shall exercise such other powers as may be granted to such person by the ManagerBoard, the Board or by the President of the Company. In in the absence of direction by a delegation from the ManagerManagers, the Board or chief executive officer, may from time to time prescribe. Each person whose title includes the President to the contrary, any words “Vice President” shall be a Vice President shall have for purposes of this Agreement. Each Vice President has the power to vote all securities held bind the Company when acting in accordance with this Agreement or pursuant to authority delegated to a Vice President by the Company and to issue proxies thereforManagers.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies therefortherefore.

Vice President. Each Vice President, if any, President shall have such powers and shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person specified in these Bylaws or prescribed by the ManagerBoard of Directors. In the event of absence or disability of the President, the Board of Directors may designate a Vice President or by Vice Presidents to succeed to the President power and duties of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies thereforPresident.

Vice President. Each Vice President, if any, shall have such powers and perform such duties as shall may be assigned to such person and shall exercise such powers as may be granted him or her from time to such person time by the ManagerBoard of Directors, the Board Chief Executive Officer or by the President. Any Vice President of the Company. In the absence of direction by the Manager, may have such additional designation in his or her title as the Board or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies thereforof Directors may determine.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the duties and authority usually pertaining to such office and in addition such other duties as may from time to time be assigned to him by the Board of Directors the Chairman of the Board or the President. Unless otherwise ordered by the Board of Directors, each Vice President shall have the same power to vote all securities held sign for the Bank as is prescribed in these By-Laws for the President. One Vice President shall be designated by the Company Chairman, in the absence or inability of the President to act, to perform the duties and to issue proxies thereforexercise the powers of the President.

Vice President. Each Vice PresidentThe vice president, if any, shall perform such duties as or if there shall be assigned to such person and shall exercise such powers as may be granted to such person more than one, the vice presidents in the order determined by the ManagerDirectors, shall, in the Board absence or by the President disability of the Company. In president, perform the absence duties and exercise the powers of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies thereforpresident.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have such powers and duties as generally pertain to the power office of Vice President and as the Board of Directors or the President may from time to vote all securities held time prescribe. During the absence of the president or his inability to act, the Vice President, or if there shall be more than one Vice President, then that one designated by the Company Board of Directors, shall exercise the powers and shall perform the duties of the President, subject to issue proxies thereforthe direction of the Board of Directors and the Executive Committee, if any.

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power such powers and duties as may be delegated to vote all securities held him or her by the Company Board. One Vice President shall be designated by the Board to perform the duties and to issue proxies thereforexercise the powers of the President in the event of the President’s absence or disability.

Vice President. Each Vice President, if any, President shall perform such duties as shall be assigned to such person and shall exercise have such powers and duties as may be granted delegated to such person him or her by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies thereforChief Executive Officer.

Vice President. Each Vice President shall have all such powers and duties as are commonly incident to the office of Vice President, if any, shall perform such duties as shall be assigned including the power to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President sign certificates representing shares of capital stock of the Company. In the absence of direction Corporation, or that are delegated to him or her by the Manager, the Board or the President to the contrary, any Chief Executive Officer. A Vice President shall have the power to vote all securities held may be designated by the Company Board to perform the duties and to issue proxies thereforexercise the powers of the Chief Executive Officer or President in the event of the Chief Executive Officer’s and President’s absence or disability.

Vice President. Each Vice President, if any, president(s) shall be vested with all the powers and required to perform such duties as shall may be assigned prescribed by the Board, the chief executive officer or the president; provided, however, that if the employment agreement of a particular vice president does not specify that the president may prescribe duties to such person and vice president, the vice president shall exercise such powers as may not be granted required to such person perform duties prescribed by the Manager, the Board or president (unless such duties are also prescribed by the President of the Company. In the absence of direction by the Manager, either the Board or the President to the contrary, any Vice President shall have the power to vote all securities held by the Company and to issue proxies thereforchief executive officer).

Vice President. Each Vice President, if any, shall perform such duties as shall be assigned to such person and shall exercise such powers as may be granted to such person by the Manager, the Board or by the President of the Company. In the absence of direction by the Manager, the Board or the President to the contrary, any Vice President shall have the power such powers and duties as may be delegated to vote all securities held him or her by the Company Board of Directors. One (1) Vice President shall be designated by the Board of Directors as an Executive Vice President to perform the duties and to issue proxies thereforexercise the powers of the President in the event of the President’s absence or disability.