Page 15 of 81 Board of Directors 10. (1) The Super Agency shall consist of not more than 15 members appointed by the Lieutenant Governor in Council who shall form the board of directors of the Super Agency. Term (2) Subject to subsection (3), the following provisions apply respecting the term of members of the board of ditectors of the Super Agency: 1, Bach member shall hold office for a term of up to three years at the pleasure of the Lieutenant Governor in Council and may be reappointed for any number of terms of up to three years. 2. Despite paragraph 1, no person may be @ member for more than six years in total, 3. Despite paragraph 2, a member who is designated as chair under subsection (7) after serving at least three years as a member may, despite anything else in subsection (7), be appointed for one further term of up to three years while designated as chair. Termination (3) A member ceases to be a member of the Super Agency if, before the term of the member expires, (@) the Lieutenant Governor in Council revokes the member’s appointment; or (b) the member dies, resigns as a member of the board of directors or becomes a bankrupt. Successor’s term (5) Ifa person ceases to be a member of the board of directors before the term of the member expires, the first term of the petson’s successor shall be for the remainder of the first person’s term.