Rule 10

Section 59. Failure of Election. a. When a regular or special election cannot be held or
conducted due to lack of quorum as defined under the association by-laws or for any other
serious cause such as violence, terrorism, force majeure, and other analogous causes of such
a nature that the holding of a free, orderly and honest election should become impossible,
the Election Committee shall call for another election within a period of thirty (30) days
from the date of the failed election or the cessation of the cause for such failure of election.

However, section 60 of the same Rule, allows the incumbent board members to continue in a hold-over
capacity until their successors are elected and qualified.

Section 60. Hold-Over. Where there is failure to elect a new set of directors or officers, the
incumbent directors/trustees/officers shall be allowed to continue in a hold-over capacity
until their successors are elected and qualified, subject to compliance with the preceding
sections of this Rule on the non-holding or postponement of regular and special elections. In
no case shall the hold-over term of the officers/directors/trustees exceed two (2) years.

Section 63. Election Reports. Within fifteen (15) days from the date of any regular or
special election, the association shall submit the following to the Regional Office: a. Proof of
notice of election; b. A copy of the notice sent to the members or posted in conspicuous
places stating the time, date and place of the election; c. Attendance sheet signed by the
members and attested by the Secretary; d. Notarized minutes of elections prepared and
signed by the committee which supervised the election of the association; e. Election returns
duly certified by the committee which supervised the election of the association; and, f.
Master list of qualified voters as certified by the association secretary and treasurer.

The election committee specified above is one constituted by the association itself.