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200808925 2. In like manner, all Resident Members and their respective residential lots or dwelling units within the limits of the real property included in membership shall be entitled to benefit from or otherwise to participate in all common functions. H. Discipline and Enforcement: Members shall be subject to disciplinary and enforcement measures as follows: 1. All Resident Members shall be subject to partial or total denial of access to, benefit from, or use of all or any facilities, functions or services, partial or total suspension of membership privileges, or any other disciplinary action directed by the Board of Directors for failure to pay any dues or charges or for any other act or omission detrimental to the affairs of the Corporation or otherwise improper. 2. The Corporation shall be entitled at any time or from time to time to institute any equitable or legal proceedings appropriate, convenient or necessary to collect any dues or charges or to enforce any covenant or easement of concern to it, or to take any appropriate, convenient or necessary action against any Member or any residential lot or dwelling unit within the limits of real property included in membership. SECTION II. DIRECTORS A. Number and Election: The affairs of the Corporation and its assets and other property shall be managed exclusively by a Board of three (3) Directors who shall not be required to be Members or officers, all of whom shall be elected annually by the Members at each annual meeting for a term of one (1) year beginning with the first such meeting as called for herein. The original Board of Directors shall consist of Dwayne Larson, Raymond J. O'Connor and Yvonne Wright. B. Vacancies: The office of Director shall be vacated forthwith upon the first occurring: of the death of such Director, the failure of such Director, without excuse, to attend any three (3) consecutive meetings ofthe Board of Directors, or the resignation of such Director. C. Meetings: Meetings of the Board of Directors shall be held as follows: 1. Annual meetings of the Board of Directors shall be held immediately following annual meetings of the Members. 2. Regular or special meetings of the Board of Directors may be held upon direction of the Board of Directors be called by the Chairman or a majority of the Directors.