Bylaws

Article I. Purpose
Section 1. To foster, promote, and increase local economies by bringing growth and innovation
to the community.
Article II. General Membership
Section 1. Each member must own at least one share of stock in the company.
Section 2. No member may act as a representative of the organization without explicit approval
of the Board.
Section 3. All members shall meet at least two (2) times a week. Any member who fails to attend
five consecutive meetings will be dropped. Members may also be removed or reinstated by a
majority vote of the directors at any regular meeting or special meeting of the Board of
Directors.
Section 4. A special meeting may be called by the President upon one (1) week written notice or
upon written notice by a majority of the Board.
Article III. Board of Directors
Section 1. Duties and Powers Shall Be To:
A. Manage all business of the Corporation.
B. Make all rules and regulations which they deem necessary and proper for governing the
Corporation as well as for the due and orderly conduct of the affairs of the Corporation.
C. Make all rules and regulations for property management that are not inconsistent with the
Charter and By-Laws.
D. Appoint such employees as may be required to carry out the Corporation's business.
E. Formulate and approve an annual budget and all fundraising projects for the Corporation.
F. Make special appropriations as deemed necessary for the efficient maintenance of the
corporation. Any such appropriations must be reported at the next General Membership
meeting.
G. Set both short-term and long-term goals to achieve their stated purpose(s).
Section 2. Dismissal:
A. Any Director who fails to attend three (3) consecutive board meetings shall be removed
from the Board. Any exceptions to this ruling will be made by the Board
B. Any director who fails to carry out his or her responsibilities as outlined in these Bylaws
and interpreted by the Board may be removed from the Board by a two-thirds (2/3) vote
of the remaining Board members present and voting at a regular or special Board
meeting. Such a director shall be permitted to attend the meeting.
Section 3. Vacancies:
A. Any vacancy on the Board shall be filled temporarily by the Board.
 B. An affirmative majority vote of the directors is required to fill a vacancy. This vote must
take place at a meeting where a quorum is present.
C. Approval of this appointment will be required at the next meeting of the General
Membership.
Section 4. Meetings and Quorum:
A. The Board shall meet monthly. Special meetings may be called by the President or at
least four (4) or more Directors upon seven (7) days' written notice to other members of
the Board.
B. The number of Directors necessary to constitute a quorum shall be one (1) more than half
the members of the Directors serving
C. Manner of Acting: The act of the majority of Directors present at a meeting at which a
quorum is present shall be the act of the Board.
Article IV. Stockholders
Section 1. A numbered certificate of shares in the corporation shall be issued to each member on
the full payment of the subscription to the capital stock, and for subsequent shares as paid for.
Section 2. A stockholder may own no more than two shares, and a family may own no more than
three shares of stock in this company. The record of shareholders and the outstanding stock shall
be kept by the secretary in a book for that purpose.
Section 3. Monthly meetings of stockholders may be called by the board of directors.
Article V. Finance
Section 1. Checks must be signed by the president and countersigned by the volunteer.
Article VI Products and Events
Section 1. The manufacture, assembly, and use of ADU Company's products or events shall not
present a hazard to consumers or employees.
Article VII. Disciplinary Action
Section 1. Member Suspensions and Expulsions:
A. The Board of Directors shall have the power, in its discretion, to suspend or expel a
member who fails to conduct himself or herself in accordance with these articles.
B. The Board of Directors shall not take any disciplinary action against a member until at
least ten days' notice has been given in writing to the member; until a hearing has been
held at a meeting of the Board of Directors to consider such a complaint; nor unless at
least two-thirds (2/3) of the Board of Directors vote in favor of such action. Such notice
shall state in detail the complaint against the member, the time and place of the meeting
of the Board of Directors at which the complaint will be considered, that the member may
make such answer to the complaint as he or she deems fit, and that he or she may attend
the Board of Directors meeting and be heard.
 C. If such member is also a member of the Board of Directors, he or she shall not be
permitted to vote.
Section 2. Effective Date and Appeals:
A. The Board of Directors' decision in disciplinary matters shall be effective immediately.
B. The Board's decision may be appealed to the full membership at the next general meeting
or at a special meeting called for the purpose of considering such an appeal, provided that
the appeal is filed in writing with the President within ten (10) days of the Board's ruling.
C. The Board's decision shall be overruled or modified only by a vote of three-fourths (3/4)
of the members present and voting at said meeting.
Section 3. Until the effective date of resignation, suspension or expulsion of an employee, such
employee shall have every right and be under every obligation established by these Articles and
all rules and regulations issued thereunder, and thereafter such member shall have no rights
whatsoever to any of the assets of the Corporation.
Article VIII. Amendments
Section 1. These articles shall be subject to amendment, alteration, or repeal by the affirmative
vote of two-thirds of the members of the Corporation present and voting (or voting by proxy or
mail).
Section 2. No amendment, alteration or repeal of these articles shall be voted on unless the
substance of the proposed amendment, alteration or repeal shall have been available to the
members for a period of ten days. No amendment, alteration, or repeal of these articles may be
voted on unless the substance of the proposed amendment, alteration, or repeal has been made
available to the members for a period of at least ten (10) days. The membership must be notified
either at a general meeting or through mailing of the availability of said amendments.
Article XI. Acceptance of Bylaws
Section 1. By paying their dues, each employee signifies his/her acceptance of these Articles and
any amendments thereto, as well as any rules and regulations promulgated under these Articles
from time to time, and hereby waives any and all claims and demands of any nature, past,
present, and future, against the Corporation or any employee of the Corporation, or any
employee, or individual for any action taken in good faith in accordance with these Articles.