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the Property or (iii) the date three years following the date of the first conveyance of a Unit to an Owner other than Declarant. Notwithstanding the foregoing, the Owners other than Declarant shall have the right to nominate and elect not less than thirty-three and one-third percent of the directors at a meeting of the Owners which shall be held within sixty days following the conveyance by Declarant of fifty percent of the total number of Units authorized to be included in the Property. 14.7. Consent to Certain Amendments. Declarant's written consent shall be required for any amendment to the Governing Documents or Rules and Regulations so long as Declarant owns any Unit for initial sale or has the right to add Additional Real Estate to the Property. 14.8. Relocation of Boundaries or Subdivision Conversion or Combination of Units. Declarant shall have the following rights and authority pursuant to Section 515B.2-112 of the Act with respect to Units owned by it: (i) to relocate the boundaries of any Units and (ii) to combine Units. Other Owners shall have the right to create additional Units by the subdivision of any Unit owned by them in accordance with Section 51513.2-112 of the Act. 14.9. Additional Real Estate. Declarant hereby expressly reserves the right to add the Additional Real Estate to the Property, by unilaterally executing and recording a supplemental declaration pursuant to Section 51513.2411 of the Act, subject to the following conditions: 14.9.1 The right of Declarant to add the Additional Real Estate to the common interest community shall terminate ten (10) years after the date of recording of this Declaration or upon earlier express written withdrawal of such right by Declarant or a successor Declarant, unless extended by a vote of the Owners pursuant to Section 51513.2-106(2) of the Act. There are no other limitations on Declarant's rights hereunder, except as may be imposed by law. 14.9.2 The Additional Real Estate is described in Exhibit C attached hereto. The Additional Real Estate may be added to the Property in parcels consisting of one or platted or un-platted parcels, or portions thereof, and in any sequence. 14.9.3 Declarant has no obligation to add the Additional Real Estate to the Property. If Declarant decides to add the Additional Real Estate to the Property, there are no assurances as to the times at which any part of the Additional Real Estate will be added, the order in which it will be added, the number of Units per phase nor the size of the Units. The Additional Real Estate may be developed by Declarant or its successors in interest for any purpose, subject only to approval by the appropriate governmental authorities. The maximum number of Units that may be created within the Additional Real Estate described as such on the date of this Declaration is approximately 9 Units. All Units created on the Additional Real Estate shall be restricted exclusively to non- residential use. 14.9.4 The Units, Buildings and any other improvement created upon the Additional Real Estate will be compatible with the Units, Buildings and any other improvement which is initially a part of the Property, in terms of general architectural style, quality of construction, principal materials employed in construction, subject to market conditions and governmental and lender requirements. 14.9.5 All covenants and restrictions contained in this Declaration affecting the use, occupancy and alienation of Units shall apply to all Units created on the Additional Real Estate. The statements made in this Section 14.9 shall not apply to any Additional Real Estate which is not added to the Property. 14.10. Other Rights. To have and exercise such other rights as are afforded Declarant under the terms 26