EFTA Document EFTA01390438

By-Laws Page 3 Arnica w OFFICERS SACIION I. Pectin& The Board of Trustee! Shall select a President, a Secretary and a Treasurer and may select One (I) or more Vico-Presidents, Assistant Secretaries or Assistant Treasurers, who shall be elected by the Board of trustees at their regular annual -Meeting held annually on a date from time toil= specified:by the Board. The term of office shall Ire for one (I) year end until their successors are chosen. No one of such officers, except the President, peed be a Trustee, but a Vice•President who is not aTiustee, cannot succeed to or fill the office efPresid.ent. Any two (2) of the above-named offices, except those. of President and Secretary, may be held bythe same person, butsno officer shall execute, acknowledge or, verify any instrument in more than one (1) capacity: The Board of Thiatees may fix the saliriesOf the officers of the Corporation. SECTION i The Board of "-trust* Mayalstartekn suchother officers and agents'as they tnay deem n$..ery for the transaction ef tug, Corporation. All officers and agents shall respectively have such authority and peiforiraizeir chilies in the management of the property and affairs of the Co rporation 11§ maybe desiignated byte..1341ml of 'Trustees Any officeror agent may bt removed, or any vacancies filled by the /3:44.tif Trustees whenever; in their judgment, the business interests of the will. he =heed thereby. SECTION 3. The-B otad-ef t rustees tray the fidelity ninny or all such officers by bond u. or otherwise. . .••• "4-0- MIT1CLE v Durres qr OFFICERS SECTION I. President. The President shall be the chief executive. offi'cer of 'the Corporation, and in the recess of the Board of Trustees shall have the general control and. management of lit business and -affairs Subject, however, to Meright ofthe. Board ofIlostees to delegate any specific- power, except-such as inay be ,by Satin! Otelusively. conferred upon the President, to any other officer or officers of the Corporation. Be shall preside at all meetings of the Trustees and all meetings of the member, unless otherwise deterinihed byethe member. SECTION 2. Vice-President. In case the office of President shall Weenie vacant by death, resignation or otherwise, or in case of the absence of the President or hii inability to dischargee the duties of hisoffice, such duties shall, for the time being, devolve upon the Vice-President, who shall CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0094944 SDNY_GM_00241128 EFTA01390438