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��� Handle Corporation funds as directed by the Board, including the <br />� depositing, investing and dispersal of such finds; and <br />y� <br />(d� Perform other duties prescribed by the Board. <br />Section 5.2. Directors may hold no more than one office at any given time, excepting <br />that the office of the Secretary/Treasurer is combined in one person. <br />Section 5.3. Officers may resign at any time upon written notice to the Corporation, <br />effective when the notice is received or at a later date stated in the notice. Officers may be <br />removed at any time, with or without cause, by a resolution adopted by the majority of the <br />Board. The Board shall fill vacancies in offices, for whatever cause. Replacement officers <br />shall serve the remainder of the expired term. <br />Section 5.4. Officers may, with Board approval, delegate some or all of their duties <br />and powers to another officer. <br />� Section 5.5. The Board may by resolution authorize the Executive Director or officers <br />.� <br />other than the Chair to execute instruments pertaining to the business of the Corporation on <br />bel�alf of the Corporation. <br />SECTION VI <br />ADNIIlVISTRATION <br />Section 6. L The Board shall appoint an Executive Director to manage the day-to-day <br />affairs of the Corporation on behalf of the Board. The Executive Director shall report to and <br />serve at the will of the Board. <br />Section 6.2. The Executive Director shall attend all Board meetings and shall submit <br />an annual work plan, with budget, to the Board for its approval. <br />� <br />