RES 10385 - Laserfiche WebLink

(5) The Board of Directors may delegate any authority which is not reserved exclusively for the Board by this Agreement or the Bylaws. B. EXECUTIVE COMMITTEE An Executive Committee may be formed by the Board of Directors to administer and operate the risk management programs of the Authority. The Committee shall have such authority. except those exclusively reserved to the Board. as necessary and proper for the administration ofthe programs of the Authority within the policies established by the Board of Directors. C. OTHER COMMITTEES The Board of Directors or the Executive Committee may establish other committees as may be deemed expedient in the establishment or implementation of a program. D. OFFICERS (1) President and Vice President At the first Board of Directors meeting, the Directors shall elect a President and Vice President from among its members as prescribed in the Bylaws. Such President and Vice President shall serve such terms as stated in the Bylaws. Subsequent Presidents and Vice Presidents shall be elected as described in the Bylaws. (2) Other Officers The President shall appoint a Secretary and a Treasurer who shall serve as described in the Bylaws. The Board may create an office as deemed appropriate for the operations of the Authority and the President shall appoint one to serve in such office. (3) Any person elected or appointed as an officer may be removed from such office by a majority ofthe weighted votes ofthe Board of Directors. 7. MEMBERSHIP IN THE AUTHORITY A. Each "Party" to this Agreement and any "Members" represented by the "Party' must be an agency permitted to self - insure in the State of California and eligible for membership in the Authority as defined in the Bylaws. Each "Party" becomes a "Member" of the Authority and shall be entitled to the rights and privileges of membership, and shall be subject to the obligations of membership. as provided in this Agreement and in the Bylaws. B. Each "Party to this Agreement shall participate and continue to participate in the "Workers' Compensation Excess" program for a period of not Tess than three (3) full program years. C. This Agreement shall be binding upon the original "Parties" to this Agreement on the effective date of this Agreement. D. Upon two - thirds (2/3) weighted vote of the "Parties any agency, that is eligible for membership as defined in the Bylaws and is not a "Party" hereto, that desires to join the Authority created hereby. I AWCX AGRFI MFN I (3/19/92 aIt tune 1 %. 1992 5