Agenda - 08-26-1982 - Laserfiche WebLink

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i ■ ., i the Board of Directors. The Executive Committee shall be empowered to handle th interim affairs of the corporation and the minutes of the Executive Committee Meetings and all action thereof shall be reported to the Bo rd of Directors at the next regular meeting. Section 6 Compensation. Except for the Executive Director and other personnel employed by the corporation and whose compensation shall be set by the Board of Directors, Directors shall receive no compensation for services to the corporation. However, the Board may authorize by resolution reasonable reimbursement for expenses incurred in service or performance of their duties. Such authorization may prescribe the procedure and method of payment for such expenses. Section 7. Duties. The Board of Directors shall be responsible for the busine a and affairs of the corporation and shall be empowered to undertake ny and all legal actions in furtherance of the purposes of the cot oration. The Board shall appoint an Executive Director and authorize other personnel, Eix compensation, receive and approve an annual budget and program of work. ARTICLE III Meetings Section 1. Annual Meeting. The annual meeting of the corporation shall be held in October of each year to elect officers, receive the annual report and conduct any other business of the corporation as necessary. The time and place shall be determined by the Executive Committee and notice thereof of at least ten (10) days mailed to all Board members. Section 2. Regular Meetings. The Board of Directors shall meet quarterly at the prircipal office of the corporation or other location designated by the Executive Committee. The Board shall review the prcgram of work, hear reports and supervise the affairs of the corporation. Section 3. Special Meetings• Special meetings of the Board of Directors may be called by the Chairman or the Secretary and shall be called by either upon written request of three (3) or more Directors. (3)