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HomeMy WebLinkAbout0825 Condominium Unite, or until the Developer elects to termfnate ita ~ control of the Aseociatian, or until the annual memberehip meeting in November of 1976, whiehever occure firet. The Directors named in - theee Articlea ahall serve until the firet election of Directors, and eny vacanc3es in office occurring before the firet election ahall be filled by the remaining Directore. 8.4 The names and addresaea of the members of the first Bosrd of Directors who ahall hold office until their euccessors are elecfied and }iave qualified, or until removed, are as follows: D. J. HELLER 701 Northlake Blvd. North Palm Beach, Florida EUGENE F. BIE 102 Lakeview Building ' North Palm Beach, Florida NAZEL A. FI.II~4IING 102 Lakeview Building North Palm Beach, Florida ARTICLE IX Every Director and every officer of the Aseociation ahall be indar~mified by the Asaociation against all cxpenses and liabilities including counsel fees, reasonable incurred by or ir~osed upon him i in connection with any proceeding or the settlement of any proceeding , ; ~ to wh3ch he may be a party, or in which he may become involved by ; reason of his being or having been a Director o r~3fficer of the ~ ~ - ; Association, whether or not he is a Director or Officer at the time ~ c sueh expenses are incurred, except when the Director or Officer at the ~ ~ ~ . time such expenses are incurred, except when the Director or Officer is ~ ~ ~ adjudged guilty of willful mis~easance or malfeasanee in the perfor- ~ mance of hie duties, The foregoing right of inde,ra~ification shall be ~ ~ in addition to and exclusive of all other rights and remedi.~s to Y= which such Director or Officer may be entitled. ~ ARTICLE X ~ The By-Laws of the Association shall be adopfied by the Board ~ = of Directors and may be altered, amended or rescinded in the manner provided therein. - - 4 - ~r 0 R ~3 P~GE 8~ - - BO~N