Officers of the Corporation Clause Samples
The "Officers of the Corporation" clause defines the roles, responsibilities, and appointment procedures for individuals who hold official positions within a corporation, such as the president, secretary, and treasurer. It typically outlines how officers are selected, their duties, terms of service, and the process for removal or replacement. By clearly establishing the authority and obligations of each officer, this clause ensures effective corporate governance and helps prevent disputes or confusion regarding management responsibilities.
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Officers of the Corporation. There shall be a: President First Vice-President Second Vice-President Secretary Treasurer Past-President And such Officers as the Board of Directors may determine by Resolution from time to time. One person may hold more that one office except the offices of President and Vice-President. On the election of a new President, the outgoing President shall be deemed to be elected unanimously as Past-President until replaced by his successor in office.
Officers of the Corporation. At the first meeting of the Board held after each annual general meeting of the Corporation, the Board shall elect from among its members a President, a Vice-President, a Treasurer and/or a Secretary who shall hold their respective offices until the conclusion of the next annual general meeting of the Corporation or until their successors are elected or appointed. The President shall be the Chairman of the Board and shall have a casting vote to break a tie in addition to his original vote. A person ceases to be an officer of the Corporation if he ceases to be a member of the Board. Where a person ceases to be an officer of the Corporation, the Board shall designate from its members a person to fill that office for the remainder of the term. A person may simultaneously hold two (2) offices.
Officers of the Corporation. The officers of the Corporation shall be: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Chairman, Chief Executive Officer, Chief Financial Officer, Secretary
Officers of the Corporation. 7.1. The officers of the Corporation may be a President, a Chief Executive Officer, a Chairman of the Board, one or more Vice-Presidents, Secretary, Treasurer, an Assistant Treasurer and such other officers as may from time to time be chosen by the Board of Directors. The officers of the Corporation shall have the duties assigned to each such office by the Board of Directors.
7.2. Each officer shall hold office until such officer's successor is elected and qualified or until such officer's earlier resignation or removal. Any officer may resign at any time upon written notice to the corporation. Any officer may be removed either with or without cause at any time by the Board of Directors. If the office of any officer or officers becomes vacant for any reason, the vacancy shall be filled by the Board of Directors.
7.3. The Treasurer shall disburse the funds of the Corporation as may be ordered by the Board of Directors, executive committee or President, taking proper vouchers for such disbursements, and shall render to the President and Board of Directors, whenever they may require it, an account of all his transactions as treasurer, and of the financial condition of the Corporation, and at the regular meeting of the Board of Directors next preceding the annual stockholders’ meeting, a like report for the preceding year.
7.4. The Treasurer shall keep an account of stock registered and transferred in such manner and subject to such regulations as the Board of Directors may prescribe.
7.5. The Treasurer shall give the Corporation a bond, if required by the Board of Directors, in such sum and in form and with security satisfactory to the Board of Directors for the faithful performance of the duties of his office and the restoration to the Corporation, in case of his death, resignation or removal from office, of all books, papers, vouchers, money and other property of whatever kind in his possession, belonging to the Corporation. The Treasurer shall perform such other duties as the Board of Directors or executive committee may from time to time prescribe or require.
Officers of the Corporation. The officers of the Corporation shall consist of a Chief Executive Officer, a President, a Secretary, a Treasurer and such Vice Presidents, Assistant Secretaries, Assistant Treasurers, and other officers as the Board may designate and elect from time to time, including a Chief Financial Officer and a Chief Operating Officer. The same person may hold at the same time any two or more offices.
Officers of the Corporation. The Corporation shall have a President, a Chief Executive Officer, a Chief Financial Officer and Corporate Secretary and such other officers as the Corporation Board may from time to time by resolution determine. The President and Chief Executive Officer shall be appointed by resolution of the Corporation Board. Officers other than the President and Chief Executive Officer shall be appointed by the President and Chief Executive Officer acting jointly. The following individuals are the current officers of the Corporation: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ - President ▇▇▇▇▇ ▇▇▇▇▇▇▇ Chief Executive Officer ▇▇▇▇ ▇▇▇▇▇▇▇▇ - Chief Financial Officer
Officers of the Corporation. A. Promptly after the incorporation of the Corporation shall have been completed pursuant to Section 1 hereof, the Parties shall cause the Board of Directors of the Corporation to appoint the following individuals to the offices of the Corporation set forth opposite their names, and such individuals shall hold such offices until the next Organizational Meeting of the Board of Directors and until their respective successors shall have been duly elected and qualified, or until earlier resignation or removal:
Officers of the Corporation. The initial officers of the Corporation shall be the Chair of the Board, the Vice Chair and the Treasurer. The Board may appoint and replace these officers at any time and may appoint such additional officers as it thinks fit from time to time, provided that, the Chair of the Board shall be an appointed director under section 3.1 and such appointment shall require the approval of each of the shareholders and provided further that, the Treasurer shall be the CFO/Executive Director, Finance of LSO. The Treasurer shall be responsible for the maintenance of proper accounting records in compliance with the Act, as well as the deposit of money, the safekeeping of securities and the disbursement of funds of the Corporation. Whenever required, the Treasurer shall render to the Board an account of all such person’s transactions as Treasurer and of the financial position of the Corporation. The roles and responsibilities of each of the other officers of the Corporation shall be determined by the Board from time to time.
Officers of the Corporation. Section 1. The officers of this corporation shall be a Chairman, a Vice-Chairman, a Secretary, and a Treasurer.
Section 2. The Chairman of the Board of Trustees shall be Chairman of the Corporation and shall set policies and procedures for the business affairs of the Corporation.
Section 3. The Vice Chairman of the Board of Trustees shall be Vice Chairman of the Corporation, and shall perform the duties of the Chairman of the Corporation in the Chairman’s absence.
Section 4. The Secretary of the Board of Trustees shall be the Secretary of the Corporation and shall:
A. Keep an orderly record of the proceedings of any business meeting of the Corporation in a minute book provided for that purpose. This book shall be carefully preserved by the Secretary and shall remain the property of the Congregation and remain on the church property.
B. See that all new amendments to these By-Laws are properly worded and included in the existing By-Laws and copies of such amendments available to the Congregation.
Section 5. The Treasurer of the Corporation shall be appointed by the Board of Trustees and shall perform duties as directed by the Board of Trustees.
Officers of the Corporation. The officers of the Corporation shall be a President, Vice-President, Secretary and Treasurer. • shall be entitled to designate the President, Secretary and Treasurer and • shall be entitled to designate the Vice-President.