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of recommending action or policy with respect to any matter otherwise within the control of the Directors. (k) To enforce by legal means the provisions of the Declaration and the Articles of Incorporation, Bylaws, and the rules and regulations of the Association: (1) To purchase such policies of insurance as are permitted or required under the Declaration. (m) To pay all statements rendered for common expenses. (n) To employ personnel at a reasonable compensation to perform the services required for proper administration of the purposes of the Association. ( o) To perform · all other acts required or permitted to be performed by the Association pursuant to the terms of the Declaration, Section 4. Management Agent: Other Contracts. The Board of Directors may employ a professional management agent ("Management Agent") at compensation established by the Board to perform such duties and services as the Board shall authorize. Any agreement for professional management of the Association or any other contract providing for the services of the Declarant, or any affiliate of the Declarant, may not exceed one year and shall provide for termination by either party without cause and without payment of any termination fee or penalty on thirty (30) days' written notice; such agreement shall be renewable by agreement of.the parties for successive one-year periods. Section 5. Election and Term of Office. At the initial annual meeting of the Members, the Members ( or the Declarant, pursuant to the Declaration) shall elect one-third of the Directors to serve a term of three (3) years, one-third of the Directors to serve a term of two (2) years, and one-third of the Directors to serve a term of one (1) year (such numbers to be as close as possible to an even one- third division). At the expiration of the initial term of office of each such Director, his or her successor shall be elected to serve a term of three (3) years, and thereafter all Directors shall be elected to serve terms of three (3) years. Directors shall hold office until their successors have been elected and hold their first meeting. Section 6. Vacancies. Vacancies in the Board of Directors. caused by any reason other than the removal of a Director by a vote of the Association shall be filled by vote . of the majority of the remaining Directors, even though they may constitute less than a quorum; and ·each person so elected shall be a. Director until a successor is elected at the next annual meeting of the Association. Section 7. Removal of Directors. At any regular or special meeting of the Members, any one or more of those Directors previously elected by the Members maybe removed with or without cause by a majority of the Members, and a successor may then and there be elected to fill the vacancy thus created. Any Director whose removal has been proposed by the Members shall be given an opportunity to be heard at the meeting. 8