50. The first directors of the Company shall be elected by the subscribers to the Memorandum and thereafter, the directors shall be elected by the directors or the members for such term as the directors or the members determine. A director may be an individual or a company.
51. The minimum number of directors shall be one and the maximum number shall be _______
52. Each director shall hold office until his or her successor takes office or until his or her death, resignation or removal.
53. A director may be removed from office, with or without cause, by a resolution of members or by resolution of directors.
54. A director may resign his or her office by giving written notice of his or her resignation to the Company and the resignation shall have effect from the date the notice is received by the Company or from such later date as may be specified in the notice.
55. A vacancy in the Board of Directors may be filled by a resolution of members or by a resolution of a majority of the remaining directors.
56. With the prior or subsequent approval by a resolution of members, the directors may, by a resolution of directors, fix the emoluments of directors with respect to services to be rendered in any capacity to the Company.
57. A director shall not require a share qualification, but nevertheless shall be entitled to attend and speak at any meeting of the members of the Company and at any separate meeting of the holders of any class or series of shares in the Company.