MEETINGS

ANNUAL MEETING: The newly constituted Board of Directors shall hold a meeting for the purpose of orginizaion and electing officers within thirty (30) days of the incorportation, and an annual meeting shall be held in the month of July of each year for the purpose of electing officersfor the ensuing year.

REGULAR MEETINGS: Regular meetings may be held at such times as may be agreed upon by the majority of said Directors but not less than semi-annually. Written notice of the meetings shall be either mailed by first class mail, sent by email, or if necessary, members contacted by telephone so that each of the voting and non-voting members of the Board of Directors receives a notice and respoinds. Other interested persons are permitted to attend Board of Directors meetings except when in executive session.

SPECIAL MEETINGS: Other meetings of the Board of Directors shall be called by the President or at the written request of any three (3) of the members of the Directors. The Secretary or President shall give oral or written notice of time and location of each such meeting to each director at least two (2) days prior to the meeting; however, if all directors waive the advance notice requirement either orally or in writing to the President or Secretary, a Board of Directors meeting may be convened at any time. any action which might be taken at a meeting of the Board of Directors may be taken without a meeting if a Record of Memorandum thereof be make in writing and signed by all of the Directors and filed with Secretary and made a part of the Foundaiton records.

LOCATION OF MEETINGS: Meetings of the Board of Directors shall be held at such place as the Directors may determine.