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24 <br /> a certified public accountant or firm of such accountants to fairly <br /> reflect the financial condition of the corporation. <br /> (c) All Directors who vote for or assent to the making of any <br /> loan or guaranty or other form of security by the corporation to or <br /> for the benefit of the Directors or officers of the corporation, or <br /> any of them, except loans, guaranties or other forms of security <br /> made to full time employees of the corporation who are also <br /> Directors or officers of the corporation, shall be jointly and <br /> severally liable to the corporation for the repayment or return of <br /> the money or value loaned, with interest thereon at the rate of six <br /> percent (6%) a year until paid, or for any liability of the <br /> corporation upon the guaranty. <br /> ARTICLE IV <br /> Committees <br /> Section 1. Executive Committee. There shall be an Executive <br /> Committee of the Board of Directors, which shall be selected by the <br /> Board of Directors at its annual meeting and which shall consist of <br /> at twenty (20) persons who are members of the Board of Directors <br /> during their tenure as members of the Executive Committee. Six (6) <br /> members of the Executive Committee shall be Directors who are <br /> representatives of the Central Counties (with two (2) members from <br /> each Central County) , five (5) members of the Executive Committee <br /> shall be Directors who are representatives of the Northern Counties <br /> (with one (1) member from each Northern County) , and five (5) <br /> members of the Executive Committee shall be Directors who are <br /> representatives of the Southern Counties (with one (1) member from <br /> Ra12\1255090-006\0047496.06\10-07-94 15 <br />