sec.45Term of appointment

### sec.45 Term of appointment Subject to this section, the chief executive officer holds office for the term stated in his or her contract of employment. If otherwise qualified, the chief executive officer is eligible for reappointment. The board may at any time end the appointment for any reason or none. The ending of the appointment under subsection (3) does not affect any rights to compensation to which the chief executive officer is entitled under the contract of employment. The chief executive officer may resign by giving a signed notice of resignation to the board at least the required period before the notice is to take effect. The chief executive officer’s appointment ends if he or she stops being qualified to be the chief executive officer. In this section— required period means the period stated in the chief executive’s contract of employment or otherwise agreed with the board. (sec.45-ssec.1) Subject to this section, the chief executive officer holds office for the term stated in his or her contract of employment. (sec.45-ssec.2) If otherwise qualified, the chief executive officer is eligible for reappointment. (sec.45-ssec.3) The board may at any time end the appointment for any reason or none. (sec.45-ssec.4) The ending of the appointment under subsection (3) does not affect any rights to compensation to which the chief executive officer is entitled under the contract of employment. (sec.45-ssec.5) The chief executive officer may resign by giving a signed notice of resignation to the board at least the required period before the notice is to take effect. (sec.45-ssec.6) The chief executive officer’s appointment ends if he or she stops being qualified to be the chief executive officer. (sec.45-ssec.7) In this section— required period means the period stated in the chief executive’s contract of employment or otherwise agreed with the board.