Staggered Terms. The terms of the Trustees shall be staggered such that the terms of no more than one-third of Trustees end in the same year. In order to accomplish this, in the first group of Trustees appointed, four shall be appointed to a term of two years, six shall be appointed to a term of three years, and four shall be appointed to a term of four years.
Appears in 3 contracts
Sources: Trust Agreement, Trust Agreement, Trust Agreement