ARTICLE III. ELECTION OF OFFICERS

A. The offices of Board Chair, Vice-Chair/Chair Elect, Treasurer and Secretary shall comprise the Executive Committee, with duties as described in ARTICLE VIII, SECTION C.

B. The Board's Nominating Committee shall conduct elections according to conditions described in ARTICLE VIII, SECTION F.

C. For one or more positions, voting can occur at Board meetings during the Market or supplemental Board Meetings as conditions warrant.

D. Duly elected Board members may submit nominations anytime prior to an election.

E. The Nominating Committee shall deliver a slate of nominees to the Chair and Executive Committee to approve or disapprove the slate. Current Officers other than the Vice Chair may be nominated for additional terms.

F. Election of the Officers shall be by majority vote of the Board voting either in person or by written proxy for a term of one year each.

G. The Vice-Chair shall fill any unexpired term vacancy of the Board Chair, until an election by the Board can be conducted.

H. The Board Chair may appoint officers or members for any unexpired term vacancies of other Officers and Board members may be filled by appointment of Board Chair, seconded by majority vote of the remaining Board members, or may be filled by the Executive Committee until the next meeting of the Board of Directors.

I. All elected Officers and Advisors shall take their respective offices upon the conclusion of the Marketplace each fall at the last Board of Directors' meeting.