Common use of The Vice Presidents Clause in Contracts

The Vice Presidents. In the absence of the President or in the event of his inability or refusal to act, the Vice President (or in the event there be more than one Vice President, the Vice Presidents in the order designated, or in the absence of any designation, then in the order of their election) shall perform the duties of the President, and when so acting, shall have all the powers of and be subject to all the restrictions upon the President. The Vice Presidents shall perform such other duties and have such other powers as the Board of Directors may from time to time prescribe.

The Vice Presidents. In the absence of the President or in the event of his the President’s inability or refusal to act, the Vice President (or in the event if there be is more than one Vice Presidentone, the Vice Presidents in the order designateddetermined by the Board of Directors, or in the absence of any designationsuch determination, then in the order of their election) shall perform the duties of the PresidentPresident and, and when so acting, shall have all the powers of of, and be subject to all the restrictions upon upon, the President. The Vice Presidents shall perform such other duties and have such other powers as the Chief Executive Officer, the President or the Board of Directors may from time to time prescribe.