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<br />4. Directors Meetings. <br /> <br />5. Special Directors Meetings. <br /> <br />6. Any special Board meetings must have 3 days <br />notice. <br /> <br />7. A majority sball constitute a quorum however <br />no formal busi~ can be conducted. <br /> <br />Document 1 <br /> <br />J. If 3. Director sball cease to be <br />eligible (0 become or remain a <br />Dircctot'" by I'ClSQU of cUl)' of the <br />pro\'isions herein. sucll Director mal' <br />be fClllU\'cd b)' ,lhe \'Ole: of the <br />lIl;uorit}' of the Bo:1n1 ofDircctors and <br />tbe vacancy tbus crcatoo.. filled as <br />hereinafter pro\-idc:d. NOlhill~ <br />contained in nus Article III shall, or <br />shall be constnlcd 10. :1ffcCl ill any <br />m;mllcc whatSOC\'Cf (he \...lidi()' of an}' <br />aaiulI taken al any mccting of (he <br />Board ofUircctors. <br />4. No DiPXtor sh.dl also be an <br />cmployee. of lbe Corpor.llion. <br /> <br />... REGULAU MEETINGS. <br /> <br />A regular meeting of tile 1)uCClOrs. :;h;ill be held <br />wilbont olhcr notice dlaR this bylan' immcdiatcly after. and <br />:1\ the san~ place as; the 301\\1:\1 lm:cting of stodUlOiders. <br />TIre Dircdors n~. pnn-idt:, by resolution. tIle time and place <br />for lhc boJdiug. of addiUQn.."\1 rq.ular mcctings "illlOUt Olher <br />notice than such Icsoluliou. <br /> <br />5, SEECIAL MEETINGS, <br />$1)CciaI UlCClillg5 of Ihe fJircaors II~I)' be I;.;llIcd by <br />or at tire r\:tluest of rhe I'rcsidclll or allY fwo Direcrors. The <br />person or persons authorized to ClII sp.-cial mcctiugs of lite <br />Ditc:dors IIay fix tis<: pl:Ke for \\\llding :\ft~' spa;ial mccling <br />of lbe Dinxlors C<t11cd by them. <br /> <br />6. NOTICE.. <br />Notice of 3.l1}' speciallllCCling sball be given allcasl <br />3 00)"5 pcc\'iously thereto b)' wriUcu uotic:c dclivercd <br />personally. or by electronic mail or 1\l."\ilOO to cach Director <br />at Ule Diccc[or's busiucss arldl.;s:;. If Ulail~ SUdl nOlke <br />slelll be deemed (0 be ddl\'CU.:d when dcpusilcU ill Ihl.: <br />Uniled Sfak'S mail ~l :1ddr~, '\\;lh postage lhereon <br />prepaid. If notice be gl"'CIl by ekd<<mic m."\il, sucb notice <br />:;hall be deemed to be dcth'CI\.~ wllCuthc dcctlonic llClil i:; <br />tJclivcrcd (U lbe electronic network. TIlc altcudam:c of a <br />DirCClor at :l mooing lohall consliullc a wai\'Ct" of notice of <br />such mcelinS, except wberc a Direclur 3tlcuds 3 ftlCeling for <br />the c.\"(JfCSS purpose of objecting to the tr.lnSactiOll of :tny <br />business bc:c:Jusc tbe meeting is not lawfully ClUed or <br />COll\-cncd.. <br /> <br />7. QUORUM. <br />At alt)' ancctiug of tbe Du"CClOlS the IIJ:1joril)' 511:111 <br />constitute a quonun for t\'c ucmsaclion of business. bul ii <br />less Ill:m s:&id uwnbcr is present :It .:l lllCCling no Corn... I <br />~diOQ em be taken and, a m;ljoril)' of the Dirccl.ors tJrcsclIl <br />anay adjourn lhe lllCCtt"G from little to limewilboul Curther <br />IllXicc. <br /> <br />8.. MANNER OF ACfING. <br />