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4 <br /> that any meeting held without notice shall be lawful providing not less than four directors are <br /> present. <br /> SECTION 7. Three or more directors shall constitute a quorum for the transaction of business <br /> at any meeting of which notice has been given as provided in Section 6 hereof. <br /> SECTION 8. Vacancies. (A.)A director's office shall be deemed to be vacant upon the <br /> occurrence of any one of the following events prior to the expiration of the term of office: <br /> (1) If for any reason a properly qualified person is not elected to a director's office by the <br /> stockholders as required by these By-Laws; <br /> (2) If a person who was duly elected or appointed fails,neglects, or refuses to furnish the <br /> bond in accordance with the provisions of these By-Laws; <br /> (3) If a person who was duly elected or appointed submits a written resignation to the board; <br /> (4) If the person who was duly elected or appointed ceases to be qualified for the office to <br /> which he was elected; <br /> (5) If the person who was duly elected or appointed fails to attend three consecutive regular <br /> meetings of the board without the board having entered upon its minutes an approval for <br /> an additional absence or absences; except that such additional absence or absences shall <br /> be excused for temporary mental or physical disability or illness; <br /> (6) If the person who was duly elected or appointed dies during his term of office. <br /> B. All vacancies occurring in the Board of Directors shall be filed by vote of a majority of <br /> the remaining members of the Board, or, if not so filled,by the stockholders, at any annual or <br /> special meeting for the election of directors held thereafter. <br /> I <br />