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200314908 Association shall be the aggregate number of votes and the rules for a quorum, for determining whether an action shall be taken, for election of the members of the Executive Board and all other purposes shall be as provided in these By -Laws. Annual and special assessments shall be in proportion to allocated interests as herein set forth, except as follows: (a) Any common expense associated with the maintenance, repair or replacement of a limited common element must be assessed against the units to which that limited common element is assigned; (b) Any common expense, or portion thereof, benefitting fewer than all of the units must be assessed against the units benefitted; and (c) Any common expense caused by the misconduct of any unit owner or such unit owner's invitee may be assessed by the Association exclusively against that owner's unit. If common expense liabilities are reallocated, common expense assessments and any installment thereof not yet due shall be recalculated in accordance with the reallocated common expense liabilities. ARTICLE IV. OFFICERS Section 1. Designation. The officers of the Association shall consist of a President, Vice President, Secretary and Treasurer and such additional officers as the Directors shall from time to time deem necessary. Any person may hold two or more offices, but no one person shall hold the offices of President and Secretary simultaneously. Members of the Executive Board may also be officers. The President may be elected from the members of the Executive Board. Section 2. Election. The officers of the Association shall be elected annually by a majority vote of the Executive Board at the annual Board meeting, and shall hold office at the pleasure of the board. Section 3. Removal. Upon the affirmative vote of a majority of the Board in attendance at an annual or special meeting, any officer may be removed, with or without cause, and his successor shall be elected thereat. Section 4. President. The President shall be the chief executive officer of the Association. He shall preside at all meetings of the Association and of the Executive Board. He shall have all of the general powers and duties which are incident to the office of President of a non - profit corporation, including but not limited to, the power to appoint committees from among the unit owners from time to time as he may at his discretion decide is appropriate to assist in the conduct of the affairs of the Association. 7