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ARTICLE IV <br />EXECUTIVE DIRECTOR <br />The Board of Directors shall at their discretion <br />appoint an executive director to be in charge of the <br />administration of the corporation, according to the policies <br />set forth by the Board of Directors. The executive director <br />shall attend all meetings of the board of directors as an <br />ex- officio member and shall serve at the will of said Board. <br />ARTICLE V <br />MISCELLANEOUS <br />Section 1. Records. The corporation shall maintain <br />full and correct records of its business and properties. <br />All of such records, books, and accounts shall be kept <br />at the principal office of the corporation, or at such place as <br />may be designated by the Board. <br />Section 2. Inspection of Books and Records. All books <br />and records shall be open to inspection by the directors, at <br />the place where they are regularly kept, during normal business <br />hours, at the request of any director. <br />Section 3. Payments or Indebtedness. All checks, <br />drafts, or other order for payment of money, notes, or other <br />evidence of indebtedness, issued in the name of or payable to <br />the corporation, shall be signed or endorsed by such persons <br />and in such manner as may be determined by the Board of <br />Directors. <br />Section 4. Contracts. The Board of Directors may <br />authorize any officer or officers, agent or agents, to enter <br />into any contract, or to execute any instrument in the name of, <br />-12- <br />