Laserfiche WebLink
shall determine the nominating process for selecting Directors. Such process may be <br />through the use of a nominating committee or other means deemed appropriate by the <br />Board of Directors. It is the intent that there be community involvement in the <br />nominating process and a diverse Board of Directors and as such the process shall include <br />reviewing the diversity of the Board and shall include a method of obtaining names of <br />persons to be considered for nomination from both current Directors and from sources <br />outside of the Corporation. Such process should include, at a minimum, publication in <br />local media, social media, and notification to nonprofit or governmental organizations <br />performing health and wellness services in Lakewood which the Corporation has <br />identified may be able to assist the Corporation in identifying potential Board Members. <br />The process may be different each year depending upon the number and Diversity <br />Factors of Directors sought. <br />ARTICLE IV <br />Section 1. Committees. The Board of Directors may from time to time <br />appoint Committees which in its discretion it deems necessary or desirable and which <br />Committees shall consist of no fewer than three (3) persons. The Chair of any such <br />Committee shall be a Director; other Committee Members do not need to be Directors. <br />ARTICLE V <br />OFFICERS <br />Section 1. Officers. The officers of the Corporation shall consist of a <br />President, a Vice- President, a Treasurer, and a Secretary, and, if desired, such other <br />officers and assistant officers as may be deemed necessary, each of whom may be. <br />designated by such other titles as determined by resolution of the Directors. All officers <br />shall be Directors. Any two (2) or more offices (except for the offices of President and <br />Vice - President) may be held by the same person, but no officer shall execute, <br />acknowledge, or verify any instrument in more than one capacity if the instrument is <br />required to be executed, acknowledged, or verified by two (2) or more officers. <br />Section 2. Election and Term of Office. The officers of the Corporation, <br />except for the President shall be elected annually by the Board of Directors at its Annual <br />Meeting. The President of the Board shall be elected for a three (3) year term, such <br />election to take place every three (3) years at the Annual Meeting of the Directors. Each <br />officer shall hold office until his or her successor has been duly elected and accepted <br />office or until his or her death, resignation or removal (in the manner provided below). <br />The President of the Board may not be elected for additional consecutive terms; other <br />officers may be reelected for up to a total of three (3) consecutive terms. In the event a <br />Director is elected President for a three (3) year term and serving such three (3) year term <br />shall cause the Director to exceed the maximum number of years the Director is eligible <br />to serve, such Director shall continue to serve as President throughout his or her term as <br />President. At such time as the President's maximum amount of time serving as a <br />Director ends and the person serving as President would ordinarily rotate off the Board, <br />(K0670267.I ) 7 <br />