3A - Final Plat of Sentinel Office Park

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and similar obligations on behalf of the Association. The President shall have such other duties as may from time to time be prescribed by the Board. 5. Vice President. The Vice President shall take the place of the President and perform the duties of the office whenever the President shall be absent or unable to act. The Vice President shall also perform such other duties as shall from time to time be prescribed by the Board. 6. Secretary. The Secretary shall be responsible for recording the minutes of all meetings of the Board and the Members. The Secretary shall be responsible for keeping the books and records of the Board and the Association and shall give all notices required by the Declaration, the Bylaws and the Act. The Board may designate some or all of the foregoing functions to be undertaken by an agent; provided that such delegation shall not relieve the Secretary of the ultimate responsibility for the Secretary's duties. 7. Treasurer. The Treasurer shall have custody of all financial assets of the Association, including funds, securities and evidences of indebtedness of the Association. The Treasurer shall be responsible for keeping the Association's financial books, assessment rolls and accounts in accordance with good accounting practices and shall submit them to the Board for its examination upon request. The Treasurer shall cause all moneys and other valuable effects of the Association to be deposited to the credit of the Association in depositories designated by the Board, shall cause the funds of the Association to be disbursed as ordered by the Board and shall perform all other duties incident to the office of the Treasurer. The Board may designate some or all of the foregoing functions to be undertaken by an agent; provided that such delegation shall not relieve the Treasurer of the ultimate responsibility for the Treasurer's duties. 8. Compensation. 'Except as authorized by a vote of the Members at a meeting thereof, officers of the Association shall receive no compensation for their services in such capacity. Officers may be reimbursed for out-of-pocket expenses incurred in the performance of their duties. An officer or an entity in which the officer has an interest may be reasonably compensated under a contract for goods and services furnished to the Association in a capacity other than as an officer; provided (i) that the contract is approved by a majority vote of the Board, excluding the interested party, and (ii) that the officer's interest is disclosed to the Board prior to approval. ARTICLE Vlll OPERATIONS The administration and operation of the Association and the Property, including but not limited to the acts required of the Association, shall be governed by the following provisions: 8