HomeMy WebLinkAbout0793 a. Election of directors shall be geld at the
annual members' meeting. '
b. A nominating committee of five members 5ha11 be
appointed by the bard of directors not less ti~an thirty (30)
days prior to the annual members' meeting. The committee shall
nominate one person for each director then serving. Nomina-
tions for additional directorships created at the meeting. shall
be made from the floor, and other nominations may be made from
the floor.,
c. The election shall be by ballot (unless dis-
pensed by unanimous consent) and by a plurality of the votes
cast, each person voting being entitled to cast Isis votes for
each of as many nominees as there are vacancies to be filled.
There shall be no cumulative voting.
d. Except as to vacancies provided by removal of
directors by members, vacancies in the board of directors
occurring between annual meetings of members shall t~ filled by
the remaining directors.
e. Any director may be removed from office with or
without cause by the vote or agreement in writing by a majority
of the entire membership. A special meeting of the membership _
to vote on the remova~ of a director may be called by 108 of
the unit owners giving notice of the meeting as required for a
meeting of unit owners, and the notice shall state the purpose
of the meeting. The vacancy in the- board of directors so
created shall be filled by the members of the association at
the same meeting.
f. Provided, however, that until a majority of the
d hectors are a
ecT~te~by the members other than the Developer
the Condominium, neither the first directors of the
Association nor any directors replacing them nor any directors
named by-the Developer shall be subject to remova' by members
other than the Developer. The first directors a...l directors
replacing them may be removed by the Developer.
3.3. The term of each director's service shall extend
until the next annual meeting of the members and subsequently
until his successor is duly elected and qualified or until he
is removed in the manner elsewhere provided.
3.4. The or anization mee~ ting of a newly-elected board of
d-hectors shall a held wit in ten days of their election at
such place and time as shall be fixed by the directors at the
meeting at which they were elected, and no further notice of
the organization meeting shall be necessary.
3.5. Regular meetings of the board of directors may be
held at such time and place as shall be determined, from time
to time, by a majority of the directors. Notice of regular
meetings shall be given to each director, pers~~nally or. by
mail, telephone or telegraph, and shall be transmitted at least
three days prior to the meeting. A notice of regular meetings
shall be posted conspicuously 48 hours in advance for the
attention of members of the Association. Regular meetings
shall be open to all unit owners.
3.6. Special meetings of the directors may be called by
tl?e President and must be called by the Secretary at the
written request of one third of the-directors. Notice of the
meeting shall be given personally or by mail, telephone or
telegraph, which notice shall state the time, place and purpose
of the meeting, and shall be transmitted not less than three
8r,~ ~43 PAGE I gz
• ~
- _