(b) Nominating; (c) Finance; (d) Policy; and (e) Initiatives. Section 7.2 Membership. The Chair of the Board shall appoint a chair and the mem- bers of each committee, subject to confirmation by the Board. The Chair of each committee shall call, conduct and cause minutes to be prepared for each committee meeting. Section 7.3 Term. The Chair and members of each committee shall serve a one-year term, renewable for successive one-year terms thereafter. Any Committee Member may resign from any Committee at any time. The Board may remove any member from any committee at its discretion. Section 7.4 Vacancies. Vacancies in the membership of any committee may be filled by appointments made in the same manner as provided in the case of the original appointments. Section 7.5 Quorum. Unless otherwise provided in the resolution of the Board of Di- rectors designating the committee, one half (1/2) of the whole committee shall constitute a quor- um and the act of a majority of the members present at a meeting at which a quorum is present shall be the act of the committee. Section 7.6 Rules. Each committee may adopt rules for its own governance not incon- sistent with the Articles of Incorporation, these Bylaws, any rules adopted by the Board of Direc- tors, or the Act. Section 7.7 Advisory Boards. The Chair of the Board may from time to time form one or more advisory boards, committees, auxiliaries or other bodies composed of such members, having such rules of procedure, and having such chair, as the Chair of the Board shall designate. The name, objectives and responsibilities of each such advisory board, and the rules and proce- dures for the conduct of its activities, shall be determined by the Chair of the Board. An advisory board may provide such advice, service, and assistance to the Board, and carry out such duties and responsibilities for the corporation as may be specified by the chair of the Board; except that, if any such committee or advisory board has one or more members thereof who are entitled to vote on committee matters and who are not then also Directors, such committee or advisory board may not exercise any power or authority reserved to the Board by the Act, the Articles of Incorpo- ration or these Bylaws. Further, no advisory board shall have authority to incur any corporate ex- pense or make any representation or commitment on behalf of the corporation without the express approval of the Chair of the Board. 8