Section 3: Selection and Election of Directors Nominations. In advance of the last regular meeting occurring prior to July 1, the Board Development and Governance Committee shall develop and the Chairman of the Board shall present to the Board of Directors, by mail or e-mail or other reasonable form of communication, a slate of candidates to serve three-year terms to replace the Directors whose regular terms are expiring. Each candidate must be an active member in good standing, must be eligible to serve in accordance with the term limits set forth below, and must have agreed to accept the responsibility of a Directorship. Election The nominated slate of candidates shall be considered for election by the Board of Directors at the last regular Board meeting occurring prior to July 31. Term Limits; Staggered Terms. An individual elected to the Board of Directors shall serve for a term of three (3) years. The Corporation shall not have term limits, but the Board Development and Governance Committee shall make recommendations regarding renewal of Directorships in order to ensure an active and effective Board of Directors. The elected Directors shall have staggered terms. As the term of each Director expires, such shall be filled in accordance with the provisions of these Bylaws. Each Director’s seat Director shall hold office until his or her resignation, removal, incapacity, death, or until his or her successor is elected and qualified following the expiration of such term of office. Director’s Seating of New Directors The term of each Director shall begin, and all newly-elected and appointed Directors shall be seated, at the first regular board meeting of the fiscal year following their election. Deemed Resignation A Director who has been absent from three (3) consecutive regular meetings of the Board of Directors or absent from three (3) consecutive Committee meetings, to which he or she is appointed, shall automatically be deemed to have resigned from the Board of Directors, unless confined by illness or other absence approved by a majority vote of those Directors voting at any regular or special meeting of the Board of Directors. Removal A Director may be removed by the Board of Directors or by unanimous vote of the Board Development and Governance Committee.
Section 3: Selection and Election of Directors Nominations. In advance of the last regular meeting occurring prior to July 1, the Board Development and Governance Committee shall develop and the Chairman of the Board shall present to the Board of Directors, by mail or e-mail or other reasonable form of communication, a slate of candidates to serve three-year terms to replace the Directors whose regular terms are expiring. Each candidate must be an active member in good standing, must be eligible to serve in accordance with the term limits set forth below, and must have agreed to accept the responsibility of a Directorship. Election The nominated slate of candidates shall be considered for election by the Board of Directors at the last regular Board meeting occurring prior to July 31. Term Limits; Staggered Terms. An individual elected to the Board of Directors shall serve for a term of three (3) years. The Corporation shall not have term limits, but the Board Development and Governance Committee shall make recommendations regarding renewal of Directorships in order to ensure an active and effective Board of Directors. The elected Directors shall have staggered terms. As the term of each Director expires, such Director’s seat shall be filled in accordance with the provisions of these Bylaws. Each Director shall hold office until his or her resignation, removal, incapacity, death, or until his or her successor is elected and qualified following the expiration of such Director’s term of office. Seating of New Directors The term of each Director shall begin, and all newly-elected and appointed Directors shall be seated, at the first regular board meeting of the fiscal year following their election. Deemed Resignation A Director who has been absent from three (3) consecutive regular meetings of the Board of Directors or absent from three (3) consecutive Committee meetings, to which he or she is appointed, shall automatically be deemed to have resigned from the Board of Directors, unless confined by illness or other absence approved by a majority vote of those Directors voting at any regular or special meeting of the Board of Directors. Removal A Director may be removed by the Board of Directors or by unanimous vote of the Board Development and Governance Committee.
Fox-Cities-Bylaws.docx