2. FCCEDC Growth Initiative Fnd - Laserfiche WebLink

ARTICLE V. Officers Section 1. NUMBER. The Officers of the Corporation shall be elected by the Board of Directors and shall include a Chairman, a Vice Chairman, a Secretary and Treasurer. The Board of Directors may also appoint such other Officers and Assistant Officers as it may deem necessary. Except as provided in these Bylaws, the Board of Directors shall fix the powers, duties and compensation of all Officers. Officers may, but need not be Directors of the Corporation. Section2. ELECTION AND TERM OF OFFICE. Officers shall be elected at each annual meeting of the Board of Directors and shall hold office at the pleasure of the Board. Each officer shall hold office until a successor shall have been duly elected unless prior thereto the Officer shall have resigned or been removed from office as hereinafter provided. Section 3. REMOVAl AND VACANIES. Any officer or agent elected or appointed by the Board of Directors may be removed from office with or without cause at any time by the vote of a majority of the Board of Directors. Any vacancy in any office of the Corporation shall be filled by the Board of Directors. Section 4. CHAIRMAN. The Chairman shall have general and active management of the business of the Corporation and shall see that all orders and resolutions of the Board of Directors are carried into effect. The Chairman shall have the general powers and duties usually vested in the office of the chairman of a corporation and shall have such other powers and perform such other duties as the Board of Directors may from time to time prescribe. Section 5. VICE CHAIRMAN. The Vice Chairman shall have such powers and perform such duties as the chairman or the Board of Directors may from time to time prescribe. In the absence of the Chairman or in the event of the Chairman's death, inability or refusal to act, the Vice Chairman shall perform the duties of the Chairman, and when so acting, shall have all the powers of and be subject to all the restrictions upon the Chairman. Section 6. SECRETARY. The Secretary shall attend all meetings of the Board of Directors and record all votes and the minutes of all proceedings of the Board of Directors in a book to be kept for the purpose, and shall custody of all documents and records of the Corporation, except those connected with the office of the Treasurer. The Secretary shall have the custody of the corporate seal and attest the same when properly authorized to do so. The Secretary shall give or cause to be given notice of all meetings of the Board of Directors, and shall perform such other duties and have such other powers as the Board of Directors may from time to time prescribe. Section 7. TREASURER The treasurer shall have the care and custody of the corporate funds and securities of the Corporation and shall disburse the funds of the Corporation as may be ordered from time to time by the Board of Directors. The Treasurer shall keep full and accurate account of all receipts and disbursements in books belonging to the Corporation and shall have such other powers and perform such other duties as the Board of Directors may from time to time prescribe. Section 8. GENERAl ADMINISTRATION. Unless provided otherwise by resolution adopted by the Board of Directors, the F-CCEDC President shall be the chief administrative officer of the Corporation. The chief administrative officer (a) shall have the responsibility for the day to day management of the Corporation; (b) shall be present at all meetings of the Board of Directors; (c)