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Section 2.2. The terms of the successor directors appointed pursuant to Article V(1) and (2) of the Articles of Incorporation shall be four (4) years. The term of the successor � ir t r a int r ant t Arti 1 f th Arti 1 f In rati n hall n 1 d ec o ppo ed pu su o c e V(3) o e c es o corpo o s be o eO year. All terms shall begin on the second Friday of the applicable year and expire on the second Thursday of the applicable year. Section 2.3. In the event that any appointment of a successor director is not made by the second Thursday of the applicable year, the director whose term would otherwise then expire shall continue to serve as a director until his or her successor is appointed, but not beyond March 31 of the applicable year. Section 2.4. Directors shall have the following qualifications: (1) They shall be natural, adult persons; (2) The two directors appointed pursuant to Article V(1) of the Articles of � Incorporation shall be members of the hotel/motel industry in the City of Roseville, defined as owners, officers or employees of a hotel/motel in the City of Roseville; (3) The directors appointed pursuant to Article V(2) of the Articles of Incorporation shall be members of the general business community in the City of Roseville, defined as an owner, officer, or employee of a business located in the City of Roseville, but shall not be a member of the hotel/motel industry in the City of Roseville; (4) The ex ofiicio voting director designated in Article V(3) of the Articles of Incorporation shall be either the current City Manager of the City of Roseville • or, if designated by the City Manager, an employee of the City of Roseville. r: �� �