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Section 8: Quorum. At all meetings of the Board of Directors, the presence in person of a majority of the whole Board (but not less than five (5) Directors) shall be necessary and sufficient to constitute a quorum for the transaction of business. In the absence of a quorum, those present may, without notice other than by announcement at the meeting, adjourn the meeting from time to time until a quorum shall be present. At any such adjourned meeting, any business may be transacted which might have been transacted at the meeting as originally called. Section 9: Voting. At all meetings of the Board of Directors at which a quorum is present, all matters except as otherwise expressly required by law, the Articles of Incorporation or these By-Laws shall be decided by the vote of a majority of the Directors present. Section 10: Resignations. Any Director may resign at any time by notice in writing to the Board of Directors, the ChaiYman of the Board or the President. Unless otherwise specified in such notice, such resignation shall take effect upon receipt thereof by the Board or any such officer. If any Director shall tender his resignation to take effect at-a future time, the Board shall have power to elect a successor to take office at such time as the resignation shall become effective. Section 11: Removal. Any Director may be removed, either for or without cause, at any time by the affirmative vote of a majority of all the members at any special meeting called for the purpose and the vacancy in the Board of Directors caused by any such removal may be filled by the members at such meeting.