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<br />5. Notice. <br /> <br />Notice of any special meeting shall be given at least three days previous thereto by <br />wntten notice delivered personally or mailed to each director as his business address If <br />mailed, such notice shall be deemed to be delivered when deposited in the United States <br />mail so addressed, with postage thereon prepaid. Any director may waive notice of any <br />meeting. The attendance of a director at a meeting shall constitute a waiver of notice of <br />such meeting, except where a director attends a meeting for the express purpose of <br />objecting to the transaction of any business because the meeting is not lawfully called or <br />convened. Neither the business to be transacted at, nor the purpose of any regular or <br />special meeting of the board of directors need be specified in the notice or waiver of notice <br />of such meeting. <br /> <br />6. Quorum. <br /> <br />A majority of the number of directors shall constitute a quorum for the transaction <br />of business at any meeting of the board of directors, but if less than such majority is <br />present at a meeting, a majority of the directors present may adjourn the meeting from time <br />to time without further notice. <br /> <br />7. Manner of Acting. <br /> <br />The act of the majority of the directors present at a meeting at which a quorum IS <br />present shall be the act of the board of directors. <br /> <br />8 Vacancies. <br /> <br />Except as the Director appointed by the Town of Windsor, any vacancy occurring <br />in the board for any reason, may be filled by a vote of a majority of the directors t11en in <br />office, although less than a quorum exists. The new director shall be appointed from <br />among the shareholders, and the director elected to fill such vacancy shall be elected to <br />Ilold office for the.unexpired term of his pr",Liecess(iI. <br /> <br />9. Removal of Directors. <br /> <br />Any or all of the directors may be removed for cause by vote of a majOl'ity of the <br />shareholders or by majority action of the board. <br /> <br />10. Resignation. <br /> <br />A director may resign at any time by giving written notice to the board, the president <br />or the secretary of the corporation. Unless otherwise specified in the notice, the resignation <br />shall take effect upon receipt thereof by the board or such officer and the acceptance of <br />the resignation shall not be necessary to make it effective <br /> <br />F \KFl \KERN, RESERV01R\BYLAV"S <br /> <br />5 <br />