Section 80, Cap. 287

Subject as herein otherwise provided or to the terms of any lawful Vacation ofagreement, the office of a Director shall be vacated- office. (a) if a receiving order is made against him or he makes any arrangement or composition with his creditors; (b) if he is found lunatic or becomes of unsound mind; (c) if he absents himself from the meetings of the Board and also from the meetings of any committees established by the Board of which he is a member during a continuous period of six months without special leave of absence from the other Directors, and they pass a resolution that he has by reason of such absence vacated his office; (d) if he shall be requested to vacate office by all the other Directors, and they pass a resolution that he has been so requested and by reason thereof has vacated his office; (e) if by notice in writing given to the Company he resigns his office; (f) if he is removed from office under Article 75 or 78 hereof: Provided that no Director appointed under Article 75 hereof shall be liable to vacate office pursuant to (c) arid (d) above. ALTERNATE DIRECTORS.