Real Property Transfer Agreement - South Bend Heritage Foundation - 912 W Oak Street

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9M person, upon payment of the dues fixed by the Board of Directors. A firm member- ship shall not carry the right to vote; however, the firm member may designate one of its officers, directors, or employees as a participating member. The designated participating member shall be entitled to all the rights of a participating membership. SECTION 3. Voting Rights of Classes. The participating members, alone, shall have voting rights at meetings of members. Neither the junior membership nor the Firm membership carries voting privileges. SECTION 4. Dues. Membership dues shall be set by the Board of Directors from time to time and may vary in amount for the different membership classes. In lieu of periodic dues, the Board of Directors may require or permit membership upon payment of a single amount to be determined by the Board of Directors. SECTION 5. M etin Participating members and junior members shall be entitled to attend meet- ings of the membership of the Foundation. Each participating member, present in person, at a meeting or otherwise entitled to vote by the by-laws of the Foundation, shall be entitled to vote on any matter submitted to the membership by the Board of Directors. and a majority of such membership present at a meeting shall constitute a quorum for the transaction of any business. Meetings of the members may be called and held any place within the United States in accordance with the by-laws of the Foundation.