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<br /> 9RAW067:00 <br /> meeting, such election shall be held as soon thereafter as <br /> conveniently may be. Vacancies may be filled or new offices <br /> created and filled at any meeting of the Board of Directors. <br /> Each officer shall hold office until his successor shall have <br /> been duly elected and qualified. <br /> section 5.03. President. The President shall be the <br /> principal executive officer of the Corporation and shall, in <br /> general, supervise and control all of the business and affairs of <br /> the Corporation. He may sign, with the Secretary or any other <br /> proper officer of the Corporation authorized by the Board of <br /> Directors, any deeds, mortgages, bonds, contracts or other <br /> instruments which the Board of Directors has authorized to be <br /> executed, except in cases where the signing and execution thereof <br /> shall be expressly delegated by the Board of Directors or by <br /> these Bylaws or by statute to some other officer or agent of the <br /> Corporation; and, in general, shall perform all duties incident <br /> to the office of President and such other duties as may be <br /> prescribed by the Board of Directors from time to time. <br /> Section 5.04. Vice President. In the absence of the <br /> President or in the event of his inability or refusal to act, the <br /> Vice President (or in the event there is more than one (1) Vice <br /> President, the Vice Presidents in the order designated, or in the <br /> absence of any designation, then in the order of their election) <br /> shall perform the duties of the President, and when so acting, <br /> shall have all powers of and be subject to all the restrictions <br /> upon the President. Any Vice President shall perform such duties <br /> as from time to time may be assigned to him by the President. <br /> Page 7 <br />