Policy - Term of office of directors  By-Law Home

One-third of these positions will be elected every year. The term of office commences January 1st following the annual general member's meeting which has the directors' election and is finished at the end of the year of their respective term. After two consecutive terms, should a director want to serve again on the Board, he/she must wait one full year before running again. Following the approval of this by-law,  POLICY, one-third (1/3) directors shall be elected for a three-year term, one-third (1/3) directors shall be elected for a two-year term and one-third (1/3) directors shall be elected for a one-year term. Thereafter, except where an election is held to fill the unexpired portion of a term, newly elected directors shall be elected for three-year (3) terms. 

The board at its discretion may set aside this term limit or waive this consecutive term limit for a position or office in the event there is no suitable candidate to assume the position or office that would become vacant. 

Effective Date. This policy is effective as of November 11, 2025 and supersedes any prior policies regarding Term of office of directors.

Revision. (YY/##). 2502