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2002_0128_packet
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2002_0128_packet
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other officers as may be appointed by the Board. Any two or more <br />offices, except those of president and vice president, may be held <br />by the same person. <br />Section 4.2. Election, Term of Office, and Qualifications. <br />The officers shall be elected annuallv bv the Soard of Directors, <br />and, except in the case of officers appointed in accordance with <br />the provisions of Section 4.10 hereof, each shall hold office until <br />the next annual election of officers and until a successor is <br />elected and qualifies, subject to the officer's earlier disquali- <br />fication, resignation, or removal. The officers need not be direc- <br />tors of the corporation. <br />Section 4.3. Resignations. Any officer may resign at any <br />time by giving written notice of this resignation to the Board of <br />Directors, the president, or the secretary of the corporation. Any <br />such resignation shall take effect at the time specified therein, <br />or, if no time is specified therein, upon receipt thereof by the <br />Board of Directors, president, or secretary of the corporation; <br />unless otherwise specified therein, the acceptance of such resigna- <br />tion shall not be necessary to make it effective. <br />Section 4.4. Removal. Any officer may be removed, either <br />with or without cause, by a vote of the Board of Directors at a <br />meeting called for that purpose, which purpose shall be stated in <br />the notice or waiver of notice of such meeting unless all the <br />directors of the corporation shall be present thereat. <br />Section 4.5. Vacancies. A vacancy in any office because of <br />death, disqualification, resignation, removal, or any other cause <br />shall be filled for the unexpired portion of the term in the manner <br />prescribed in these Bylaws for election or appointment to such <br />office. <br />Section 4.6. President. The president shall be the chief <br />executive officer of the corporation and shall have general and <br />active management of the business and affairs of the corporation. <br />If a chairman or vice chairman are not elected by the Board, the <br />president, when present, shall preside at all meetings of the Board <br />of Directors and of the executive committee, if one be constituted. <br />The president shall see that all orders and resolutions of the <br />Board of Directors are carried into effect. The president may <br />execute and deliver in the name of the corporation (except in cases <br />in which such execution and delivery shall be expressly delegated <br />by the Board or these Bylaws to some other officer or agent of the <br />corporation or shall be required by law to be otherwise executed <br />and delivered) any deeds, mortgages, bonds, contracts, or other <br />instruments pertaining to the business of the corporation. The <br />president shall perform such other duties as may from time to time <br />be prescribed by the Board of Directors, and, in general, shall <br />perform all duties usually incident to the office of president. <br />
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