Condominium Resale Certificate - Williams & Williams

07:A6 MIG/jlf 2/4/84
Ci) New business.
(k)
Adjournment
The presiding officer may vary such order as the presiding
officer deems necessary.
ARTICLE IV.
DIRECTORS
4.1 First Board: The first Executive Board shall consist of
the three (3) persons appointed by the Declarant, and successors
to any thereof appointed by Declarant. Said first Executive Board
and officers elected thereby shall serve until their successors
have been duly elected and have qualified.
4.2 Number of Qualifications of Directors: The Executive
Board shall consist of three (3), five (5), or seven (7) natural
persons, as determined from time to time by the members. Each
Executive Board member ("DirectorTM): except those whom the Declarant
is entitled to elect or appoint during the Declarant Control
Period, shall be a Unit Owner. The first Director or successor
elected by the Unit Owners shall serve until the expiration of
Declarant Control. Upon termination of Declarant Control three (3)
Directors shall be elected to serve, one for one year, one for two
years and one for three years, thereafter all terms shall be for
three years with not less than one Director nor more than one-third
(1/3) of the Directors to be elected at each annual meeting.
4.3 Election of Directors:
(a) During Declarant Control Period: At the first
annual meeting of the members, and at each subsequent annual
meeting during the Declarant Control Period, the Directors shall
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