The first elected Governor and Lieutenant Governor shall serve terms of 3 years each from 12 noon on 3 January 1978 until 12 noon 3 January 1981 and until their successors are elected and qualified. All succeeding Governors and Lieutenant Governors shall serve terms of 4 years each commencing on 12 noon on 3 January next after their election and terminating at 12 noon on 3 January 4 years later, and until their successors are elected and qualified.