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next regularly scheduled meeting of the Board . Each Vice President , Assistant Secretary, and <br /> Assistant Treasurershall be appointed by the President subject to the concurrence of the Board . <br /> Each Officer elected by the Board of Directors shall hold office from the close of the meeting <br /> on the day of such Officer ' s election for one ( 1 ) year and until such Officer' s successor shall <br /> have been duly elected and qualified , unless such Officer shall sooner resign or be removed . <br /> Each Officer appointed by the shall hold office from the date of the concurring vote of the <br /> Board until such Officer shall eitherresign or be removed . <br /> Section 5 . 4 . RESIGNATIONS AND REMOVAL, Any Officer may resign at <br /> any time by giving written notice to the Chairman , the President or the Secretary , and , unless <br /> otherwise specified therein , the acceptance of such resignation shall not be necessary to make it <br /> effective . Any Officer may be removed by the vote of a majority of the members of the -- <br /> Board of Directors whenever in its judgment the best interest of the _ Corporation would be - <br /> served thereby . A vacancy in an office elected by the - Board of Directors may be filled by - <br /> - the Board for the unexpired portion of the term . A vacancy in an office appointed by the - <br /> President with the concurrence of the Board may be filled by the President with the <br /> concurrence of the Board . <br /> Section 5 . 5 . DUTIES . The Officers of the Corporation shall have the following <br /> duties in addition to those required by law : <br /> A . Chairman , - The Chairman shall preside at all meetings of the <br /> Board - of Directors , shall appoint, with the- <br /> - concurrence of the Board , all committees and the <br /> chairmen thereof with the exception of the- _ <br /> chairman of the Finance Committee ; shall assume <br /> such responsibilities and perform such duties as <br /> may be set forth in a position description -adopted <br /> - by the Board of Directors ; and shall perform such - <br /> other duties as may be assigned by the Board . <br /> B . Vice Chairman & Immediate Past Chairman , <br /> The - Vice Chairman and the Immediate Past _ <br /> Chairman , if any , shall assist the Chairman <br /> generally and shall exercise such other powers and <br /> perform such other duties as shall be prescribed by <br /> either the Chairman or the Board of Directors and <br /> as may be set forth in a position description <br /> adopted by the Board of Directors . During the <br /> absence or inability of the Chairman to render and <br /> perform the Chairman ' s duties or exercise the <br /> Chairman ' s powers , as set forth in these Bylaws or <br /> in the laws under which this Corporation is <br /> organized , the same shall be performed and <br /> 8 <br />