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HomeMy WebLinkAbout1189 designated in tl)e Ityl:rws of tl?e Association. Said officers will be elected by the Roard of Directors at its first meeting following; the annual meeting; of the members of the Association and will serve at the- pleasure ol• Lhc Board of I)ircctors. 1'he names and addresses of the officers who will serve until their successors arc designated are as follows: President TONY SG'iU1.UNG0 10044 State Road A-1-A Jensen Beach, l~lorida 33x57 Vice- I'res idcn t , Secretary-'1'rcasurer I~AI'1'll SU'I'OLUNGU 10044 State Road A-]-A Jensen Beach, Florida 3457 Alt"1'ICLG I NllE;HN I F I CA"1' I ON livery director and every office of the association will he indemnified by the Association against all expenses and liabilities ' including; counsel ices,. reasonably incurred by or imposed upon him in connection with an}• proceeding; or ;)ny settlement oC any hroceeding;_ to which he may he :r party or in-which he may become involved by reason of his being; or having; been a director or officer of the ~\ssociatiorr, . whether or not he is a director or officer at the time such expenses are incurred, except when the director or officer is adjudged guilty of willful misfeasance or malfeasance in the performance of his duties. s Provided that in the event of a settlement and reimbursement as being for the best interests of the Association. The foregoing right of indemnification ?,ri l l be in addition to and not exc:lusi~~e of all other rights to which such director or officer may be entitled. Alt1'1CLL• 8 BYLAIiS "C1?e first 1'=ylaws of the Association- ?:i I l' be adopted by the [Board of Directors and may he altered, amended or rescinded in the .manner provided by said Bylaws. I t AR'l'ICLL'. 9 Al•1L'NUi+1l:N"1'S x E ~\mendroents to these Articles of Incorporation will be proposed and adopted in the following manner: 9.1. tiotice of tl?e subject matter of a prullosed amenchnent ~,=i l 1 be included in the notice of any meeting; at which a proposed amendment ~ is considered. 9. 2. A resolution for the adoption of a proposed amendment may ! be proposed either by the Board of I)ircctors or by the members of ~ the ~\ssoci:?tion. Directors and members not present in person or by proxy at the meeting considering the amendment may express their i approv;?1 in writing, providing; such approval is delivered to the } secretary at or prior to the meeting. s 1 -4- 800 JJ~ PdGE~00 i - - _ - - z~ -