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,1 , . �°� � � � - �' : _ _ Section 6. Vac,ancies. ' • Vacancies iri the Board of Administrators caused by any�reason other than $he removal of a member ther�of:by' a vote of the Associati'on unit owners, shall be filled by vote of a majority of the remaining Administrators at a special meeting of the Board of Administrators held for that purpose promptly : after the occurrence of any such vacancy, even though the members present at such meeting may constitute less than a quorum, and each' person so elected shall be a member of the Board of Administrators for the remainder of ' the term of.the member so removed and until a successor shall be elected at the � : next annual meeting of the Association unit owners. Section 7.: Annual Board Meeting. ' The annual meeting of the members of the Board of Administrators shall be held immediately following the annual meeting of the Association unit owners, at such time and place as shall' be fixed by the Association unit owners at the meeting at which such Board of Administrators shall have` lieen elected, and no notice shall be necessary to the newly e�ected members of the Board of Administrators in order legally to constitute such meeting, providing a majority of the whole Board of Administrators shall be present thereat. Section 8. Special Board Meetings. Special meetings of the Board of Administrators may be called by the President ,upon five (5) business days' notice to each member of the Board, given by mail, or telegraph, which notice shall state.the time, place and purpose . of the meeting. Special meetings 'of the Board of Administrators shall be called : . by the President or Secretary in like manner and like notice on the written rec{uest of at least three (3) members of the Board of Administrators, unless there are less than three (3) members, in which event, upon the written reauest of the one or two remaining. Section 9. Waiver of Notice. ' Any member of the Board of Administrators may, at any time, waive notice � of any meeting of the Board of Administrators in writing, and such waiver shall � be deemed ec{uivalent to the giving of such notice. Attendance by a member of the Board of Administrators at any meeting of the Board shall constitute a waiver of notice to him of the time and place thereof. If all the members of the Board of Administrators are present at any meeting of the Board, no notice shall be required and any business may be transacted at ,such meeting. Section 10. Quorum. At all meetings of the Board of Administrators, a majority of the members thereof shall constitute a quorum for the transaction of busin ess, and the votes of a majority of the .members of the Board of Administrators present at a meeting at which a quorum is present shall constitute the decision of the Board of Administrators. If at any meeting of the Board of Administrators there shall be less than a c{uorum present, a majority of those present may adjourn the meeting from time to time. At any such adjournment at which a quorum is present, any business which might have be.en transacted at the meeting originally called, may be transacted without further notice. ' . Section 11. Fidelit� Bonds. . The Board of Administrators shall obtain adequate fidelity bonds for all officers and employees of the Associatioi� handling or responsible for Association funds. The premiums on such bonds shall constitute a common expense. Section 12. Compensation. No member of tl�e Board of Administrators shall receive any compensation from the Association for acting as such, except that members shall receive reimbursement for expenses actually incurred by them as Administrators. � Section `13. Liability of Administrators. The members of the Board of Administrators shall not be liable to the unit owners for any mistake of judgment, negligence, or otherwise, except for their own iridividua.l willful misconduct or bad faith. It is intended that the members of � . 5, . . S53 _ . . , � : __. -- _ . .- �;:_� . � -_„� __ ___ r