Selecting New President
Adams Stirling PLC
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VP AS ACTING PRESIDENT

QUESTION: Our president resigned. Does the vice president assume the presidency or just until a fifth person is brought onto the board and the board votes on a president?

ANSWER: The vice president becomes the acting president until such time as the board selects a new president. The board can elect new officers at any time or it can wait until it adds a fifth director to the board.

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Adams Stirling PLC