ARTICLE VII. 



Members' Meetings 



Section 1. The annual meeting of the Association shall be held at a 

 place to be designated by the Board of Directors in the City of 



, County of , State of New Jersey, 



on the day of of each year, at 



o'clock if not a legal holiday, but if a legal holiday, on the next 

 business day following, for the purpose of electing Directors and 

 transacting such other business as may come before the meeting. 



Section 2. Special Meetings. Special meetings of the members for 

 any purpose or purposes whatsoever, may be held upon call made by the 

 President or by the Board of Directors, or by not less than fifteen 

 (15%) percent of the members, and at a time appointed therefor by 

 those calling the meeting. Call for meeting shall state the time, 

 place, and purpose for which the meeting is held. 



Section 3, Notice of Meetings. Written notice of meetings, whether 

 regular or special, shall be sent or given to each member entitled 

 to notice at least three (3) days before the meeting. Notices of 

 special meetings shall state the time and place of meeting and the 

 purpose for which called. 



Section 4. Quorum. Fifty-one (51%) percent of the members of the 

 Association shall constitute a quorum for the transaction of business 

 at any meeting of the members. 



Section 5. Presiding Officer. The President and Secretary of Associ- 

 ation shall act as Chairman and Secretary, respectively, of such meet- 

 ing of the members or Board of Directors, unless the meeting shall 

 otherwise decide. 



Section 6, Rules for Election and Voting. 



(a) The Board of Directors may make and, from time to time change, 

 rules and regulations for the conduct of elections or any election 



and for voting upon or with respect to any question or matter submitted 

 to the members for vote, consent or assent, except election of Directors 

 and acceptance of new members. 



(b) At the annual meeting or at such other meeting at which the 

 election of Directors shall take place, the presiding officer shall 

 call for nominations of Directors. Each member shall have the right 

 to nominate one director either at the time of meeting or in writing 



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