The principal office of the association shall be located at The Quadrant Corporation, Quadrant Plaza Suite 500, 11100 NE 8th St., Bellevue, Washington. The association may have such other offices, either within or without the State of Washington, as the Board of Directors (“Board”) may designate or as the business of the association may require from time to time.

Section 2.1 Annual Meeting

The annual meeting of the members shall be held each year at the following time and place for the purpose of electing Directors and transacting such other business as may come befoe the meeting: The second Wednesday in October, at the office of The Quadrant Corporation, Quadrant Plaza Suite 500, 11100 NE 8th St., Bellevue, Washington.

If the day fixed for the annual meeting is a legal holiday at the place of the meeting, the meeting shall be held on the next succeeding business day. If the election of Directors is not held on the day designated for the annual meeting of the members, or at any adjournment thereof, the election shall be held at a special meeting of the members called as soon thereafter as practicable.

Section 2.2 Special Meeting

The President of the Board may call special meetings of the members for any purpose. At the request of the holders of not less than ten percent (10%) of all of the outstanding shares of the association entitled to vote at the meeting, the President shall call a special meeting of the members.

Section 2.3 Place of Meeting

All meetings shall be held at the principal office of the association or at such other place within or without the State of Washington designated by the Board of by a waiver of notice signed by all of the members entitled to vote at the meeting.

Section 2.4 Notice of Meeting

The President or Board, when calling an annual or special meeting of members, shall cause to be delivered to each member entitled to vote at the meeting either personally or by mail not less than 14 or more than 60 days before the meeting written notice stating the place, day and hour of the meeting and the agenda for the meeting. If an amendment to the Articles or Bylaws, removal of a director, or change in a budget which will result in a change of an assessment obligation is proposed, a general description of such action proposed shall be included with the notice. Place such notice in the United States mail, postage prepaid, and addressed to a member at his last known postal address constitutes delivery of notice.

Section 2.5 Action by Members without a Meeting

Any action required or permitted to be taken at a member’s meeting may be taken without a meeting if a written consent setting forth the action so taken is signed by all members entitled to vote with respect to the subject matter thereof. Any such consent shall be inserted in the minute book as if it were the minutes of a members’ meeting.

Section 2.6 Quorum

Thirty Four (34) percent of the outstanding shares of the association entitled to vote, represented in person or by proxy, shall constitute a quorum at a members’ meeting. If less than a quorum of the outstanding shares are represented at a meeting, a majority of the shares represented may adjourn the meeting without further notice, and Fifty (50) percent of the number of outstanding shares represented at the prior members’ meeting shall constitute a quorum for the purpose of any rescheduled meeting. The provisions of RCW 64.38.025(3) shall apply to quorums and votes on budget matters. At an adjourned meeting at which a quorum is present or represented, any business may be transacted that might have been transacted at the meeting as originally notified. The members present at a duly organized meeting may continue to transact business until adjournment, notwithstanding the withdrawal of enough members to leave less than a quorum.

Section 2.7 Proxies

At all members meetings a member may vote by proxy executed in writing by the member or by his attorney in fact. Such proxy shall be filed with the Secretary of the association before or at the time of the meeting. Unless otherwise provided in the proxy, a proxy shall be invalid after 11 months from the date of the execution.

Section 2.8 Voting of Shares

Each outstanding share entitle to vote shall be entitle to one vote upon each matter submitted to a vote at a meeting of members.

Section 2.9 Cumulative Voting

Each member entitle to vote at an election of Directors may vote in person or by proxy the number of shares owned by him for as many persons as there are Directors to be elected and for whose election he has a right to vote or he may cumulate his votes by distributing among one or more candidates as many votes as are equal to the number of such Directors multiplied by the number of his shares.

Section 2.10 Adjournments

Members’ meetings may be adjourned to a time and place certain without new notice of the meeting being given. However, any meeting at which Directors are to be elected shall only b adjourned from day to day until the Directors are elected.