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meeting. Such right to dissent shall not apply to a Director who <br />voted in favor of such action. <br />ARTICLE IV <br />COMMITTEES <br />4.1 DESIGNATION AND AUTHORITY. The Board of Directors <br />may adopt a resolution designating from among its <br />Shareholders an Executive Committee and one or more other <br />committees, each of which, to the extent provided in the <br />resolution, shall have all the authority of the Board of Directors <br />so designated in writing. The designation of such committees <br />and the delegation thereto of authority shall not operate to <br />relieve the Board of Directors, or any Shareholder thereof, of <br />any responsibility imposed by law. <br />4.2 COMPENSATION. The members of any committee shall not <br />receive any stated salary for their services. The Board of <br />Directors shall have power in its discretion to contract for and to <br />pay to any member of committee, rendering usual or exceptional <br />services to the Corporation, special compensation appropriate to <br />the value of such services. <br />ARTICLE V <br />OFFICERS <br />5.1 NUMBER. The officers of the Corporation shall be a President, <br />Vice President, and Secretary-Treasurer, each of whom shall be <br />Elected by the Board of Directors. Such other officers and <br />assistant officers as may be deemed necessary may be elected <br />or appointed by the Board of Directors. Any two or more offices <br />may be held by the same person except the offices of President <br />and Secretary. The Officers of a Corporation shall be natural <br />persons of the age of eighteen(18) years or older. <br />5.2 ELECTION AND TERM OF OFFICE. The Officers of the <br />Corporation shall be elected annually by the Board of Directors <br />10 <br />