44 The Search Committee shall make a recommendation to the Executive Committee on a candidate for the position of President. In the event that the Executive Committee fails to approve the candidate, the Search Committee shall recommend another candidate. 5.4.2 The President shall be appointed for a term of five years. The appointment may be extended for up to one additional term. The terms of the President's service shall be determined by the Executive Committee and he/she shall be in the full time employment of the University, which shall be his/her sole place of work other than occupation in public academic matters as approved by the Chairman of the Executive Committee. 5.4.3 Termination of the President's term of office The President may resign from office prior to the expiration of the term of office by a written notice to the Chairman of the Executive Council, to be delivered at least six months in advance. The Executive Committee is authorized to recommend the termination of the President's term of office to the Council, on the basis of a request signed by one third (1/3) of all Committee members and a majority of two thirds (2/3) after hearing the President. 5.4.4 Powers and functions of the President 5.4.4.1 The President is the head of the University for academic and administrative matters. 5.4.4.2 The President shall conduct all the affairs of the University pursuant to the Statues, Regulations, rules, procedural directives and resolutions of the sanctioned authorities of the University. The President's powers include the duty to determine, inter alia, rules and procedural directives, act within the framework of the approved University
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