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Bylaws for Board of Directors

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Section 202 Executive Director. It is the Executive Director's responsibility to develop Chimorel Services Inc into a viable organization which will adhere to Chimorel's core principles in perpetuity. Warren Goodenow is Chimorel's founder. He will serve as Executive Director until his death or retirement. The Executive Director will serve as an unpaid Voting Director until such time as there are seven Voting Directors. Once there are seven Voting Directors, the Executive Director will no longer be a Voting Director. Warren may veto amendments to these bylaws or other Board decisions when such amendments/Board decisions, in Warren's sole discretion, change or threaten one or more of Chimorel's core principles. At Warren's death the then Voting Directors will appoint a new person with Veto Power to ensure adherence to Chimorel's Core Principles. At that time the Board may modify these Bylaws to appoint that person. At that person's death/incapication a new person would be appointed and the Bylaws would be amended to appoint that person. This process will continue indefinitely to assure adherence to Chimorel's Core Principles in perpetuity.

Section 203 Resignation and Removal. Any officer may resign at any time by giving written notice of such resignation to the Executive Director, President, Secretary or to another Director. Unless otherwise specified in such written notice, such resignation shall take effect upon receipt thereof by the Executive Director, Board member or officer, and the acceptance of such resignation shall not be necessary to make it effective. Any officer may be removed, either with or without cause, and a successor elected by a majority vote of the Board at any time.

Section 204 Vacancies. A vacancy in any office may, at any time, be filled for the unexpired portion of the term by a majority vote of the Board.

© The Chimorel Group 2005