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minimumcontributionlevelsformembership.TheCorporationmayalsograntnonvoting <br />complimentarymemberships. <br />ArticleIII <br />Directors <br />Section1.ThedirectorsofthisnonprofitCorporationshallbenofewerthanthree(3)innumber, <br />andnomorethanfifteen(15)innumber.Exofficio,nonvotingmembersshallincludetheDirectorof <br />Library&MuseumServicesandtheMuseumCoordinatorfortheCityofLouisville. <br />Section2.Nomorethantwo(2)CorporationdirectorsshallserveconcurrentlyontheLouisville <br />HistoricalCommission. <br />Section3.Boarddirectorsshallbeelectedbyamajorityvoteofdirectorspresentandvotingatthe <br />AnnualMeetingforrevolvingthree(3)yearterms.Intheeventofathree(3)directorboard,nomore <br />thanone(1)7z©;-·š©x­termshallexpireatanyannualmeeting,andintheeventofafive(5)director <br />board,nomorethantwo(2)7z©;-·š©­xtermsshallexpireatanyAnnualMeeting. <br />Section4.AnyvacatedpositionontheBoardofDirectorsmaybefilledbyamajorityvoteofthe <br />directorspresentandvotingatanyregularlyscheduledorspeciallycalledmeeting.Thedirectorso <br />appointedshallservetheremainderofthetermthatwasvacated. <br />Section5.ADirectorshallbelimitedtotwo(2)consecutivetermsontheBoard;however,such <br />DirectormayagainbeconsideredforelectiontotheBoardafteronefullyearofftheBoard. <br />Section6.ADirectormayberemovedfromBoardmembershipforcausebyamajorityofthe <br />Boardatanymeeting.Causeshallinclude,butnotbywayoflimitation,failuretoattendtwo(2) <br />consecutiveregularBoardmeetings,failuretoattendatleastfiftypercent(50%)oftheregularboard <br />meetingsinatwelve(12)monthperiod,orfailuretoactivelyparticipateinboardauthorizedactivities, <br />includingfundraising. <br />ArticleIV <br />Meetings <br />Section1.TheCorporationshallholdanannualmeetingandothermeetingsatsuchtimesand <br />placesastheymayfromtimetotimedetermine. <br />Section2.SpecialmeetingsoftheBoardofDirectorsmaybecalledbytheChairwithnolessthan <br />two(2)businessdaysnoticetoeachdirector.SpecialmeetingsshallbecalledbytheChairinlikemanner <br />andonlikenoticeonthewrittenrequestofdirectors. <br />Section3.AmajorityofthewholeBoardofDirectorsatameetingdulyassembledshallbe <br />necessaryandsufficienttoconstituteaquorumforthetransactionofbusinessandtheactofamajority <br />ofthedirectorspresentatanymeetingatwhichaquorumispresentshallbetheactoftheBoard <br />exceptasmaybeotherwisespecificallyprovidedbystatuteorbythesebylaws. <br />2 <br />