Board Uses in Advisory Directors Clause

Advisory Directors

Advisory Directors. The Board of Directors (organization) values">Board of Directors may appoint one or more advisory directors as it shall from time to time determine. Each advisory director appointed shall hold office at the pleasure of the Board of Directors. An advisory director shall be entitled, but shall have no obligation, to attend and be present at the meetings of the Board of Directors, although a meeting of the Board of Directors may be held without notice to any advisory director and no advisory director shall be considered in determining whether a quorum of the Board of Directors is present. An advisory director shall advise and counsel the Board of Directors on the business and operations of the Corporation as requested by the Board of Directors; however, an advisory director shall not be entitled to vote on any matter presented to the Board of Directors. An advisory director, in consideration of such person serving as an advisory director, shall be entitled to receive from the Corporation such fees for attendance at meetings of the Board of Directors as the Board shall from time to time determine. In addition, an advisory director shall be entitled to receive from the Corporation reimbursement for the reasonable expenses incurred by such person in connection with the performance of such persons duties as an advisory director.

Advisory Directors

Advisory Directors. The Board of Directors (organization) values">Board of Directors may appoint one or more advisory directors as it shall from time to time determine. Each advisory director appointed shall hold office at the pleasure of the Board of Directors. An advisory director shall be entitled, but shall have no obligation, to attend and be present at the meetings of the Board of Directors, although a meeting of the Board of Directors may be held without notice to any advisory director and no advisory director shall be considered in determining whether a quorum of the Board of Directors is present. An advisory director shall advise and counsel the Board of Directors on the business and operations of the Corporation as requested by the Board of Directors; however, an advisory director shall not be entitled to vote on any matter presented to the Board of Directors. An advisory director, in consideration of such person serving as an advisory director, shall be entitled to receive from the Corporation such fees for attendance at meetings of the Board of Directors as the Board shall from time to time determine. In addition, an advisory director shall be entitled to receive from the Corporation reimbursement for the reasonable expenses incurred by such person in connection with the performance of such persons duties as an advisory director.

ADVISORY DIRECTORS

ADVISORY DIRECTORS. The Board of Directors (organization) values">Board of Directors may by resolution appoint advisory directors to the Board, who may also serve as directors emeriti, and shall have such authority and receive such compensation and reimbursement as the Board of Directors shall provide. Advisory directors or directors emeriti shall not have the authority to vote on the transaction of business.

ADVISORY DIRECTORS from Amended and Restated

The annual meeting of the stockholders of SI Financial Group, Inc. (the "Corporation") shall be held each year at such date and time as the Board of Directors shall, in their discretion, fix. The business to be transacted at the annual meeting shall include the election of directors and any other business properly brought before the meeting in accordance with these Bylaws.

ADVISORY DIRECTORS. The Board of Directors (organization) values">Board of Directors may by resolution appoint advisory directors to the Board, who may also serve as directors emeriti, and shall have such authority and receive such compensation and reimbursement as the Board of Directors shall provide. Advisory directors or directors emeriti shall not have the authority to participate by vote in the transaction of business.

Advisory Directors

Advisory Directors. The Board of Directors (organization) values">Board of Directors from time to time may elect one (1) or more persons to be advisory Directors, who shall not by such appointment be members of the Board of Directors. Advisory Directors shall be available from time to time to perform special assignments specified by the President, to attend meetings of the Board of Directors upon invitation and to furnish consultation to the Board. The period during which the title shall be held may be prescribed by the Board of Directors. If not period is prescribed, title shall be held at the pleasure of the Board.

ADVISORY DIRECTORS

The principal office of Central Federal Bancshares, Inc. (the "Corporation") in the State of Missouri shall be located in Phelps County. The Corporation may have such other offices, either within or without the State of Missouri, as the business of the Corporation may require from time to time.

ADVISORY DIRECTORS. The Board of Directors (organization) values">Board of Directors may by resolution appoint Advisory Directors to the Board, who may also serve as Directors Emeriti, and shall have such authority and receive such compensation and reimbursement as the Board of Directors shall provide. Advisory Directors or Directors Emeriti shall not have the authority to participate by vote in the transaction of business.

Advisory Directors

Advisory Directors. The Board of Directors (organization) values">Board of Directors may appoint such number of advisory directors as the Board of Directors may from time to time determine, each of whom shall hold office until the next annual meeting of shareholders following their appointment. Advisory directors shall serve in an advisory capacity to the Board of Directors, but shall not have the right to vote. Advisory directors also may be appointed by the Board of Directors to serve in an advisory capacity on any committee of the Board of Directors, but shall not have the right to vote. The Board of Directors may remove any advisory director, with or without cause, upon a majority vote of the Board of Directors. The compensation of any advisory director shall be set and determined by the Board.

Advisory Directors from Amended and Restated

The name of this corporation shall be American National Insurance Company (the Company), and its purpose shall be as stated in the Companys Articles of Incorporation, as may be amended and restated from time to time.

Advisory Directors. The Board of Directors (organization) values">Board of Directors may appoint one or more Advisory Directors who shall serve at the pleasure of the Board. Advisory Directors may attend all meetings of the Board of Directors and shall be entitled to the same compensation and benefits as members of the Board of Directors. Advisory Directors shall have an advisory role only, and shall not be entitled to set policies for the Company or to vote at meetings of the Board of Directors, nor shall an Advisory Director be counted as or considered a Director for purposes of determining a quorum or for any other purpose. Service as an Advisory Director shall be counted together with service as a Director for purposes of determining eligibility for any benefits based upon years of service. An Advisory Director of the Company shall be entitled to indemnification by the Company as provided in the Articles of Incorporation or Article VIII herein.

Advisory Directors from Amended and Restated

The name of this corporation shall be American National Insurance Company (the Company), and its purpose shall be as stated in the Companys Articles of Incorporation, as may be amended and restated from time to time.

Advisory Directors. The Board of Directors (organization) values">Board of Directors may appoint one or more Advisory Directors who shall serve at the pleasure of the Board. Advisory Directors may attend all meetings of the Board of Directors and shall be entitled to the same compensation and benefits as members of the Board of Directors. Advisory Directors shall have an advisory role only, and shall not be entitled to set policies for the Company or to vote at meetings of the Board of Directors, nor shall an Advisory Director be counted as or considered a Director for purposes of determining a quorum or for any other purpose. Service as an Advisory Director shall be counted together with service as a Director for purposes of determining eligibility for any benefits based upon years of service. An Advisory Director of the Company shall be entitled to indemnification by the Company as provided in the Articles of Incorporation or Article VIII herein.

Advisory Directors from Amended and Restated

The name of this corporation shall be American National Insurance Company (the Company), and its purpose shall be as stated in the Companys Articles of Incorporation, as may be amended and restated from time to time.

Advisory Directors. The Board of Directors (organization) values">Board of Directors may appoint one or more Advisory Directors who shall serve at the pleasure of the Board. Advisory Directors may attend all meetings of the Board of Directors and shall be entitled to the same compensation and benefits as members of the Board of Directors. Advisory Directors shall have an advisory role only, and shall not be entitled to set policies for the Company or to vote at meetings of the Board of Directors, nor shall an Advisory Director be counted as or considered a Director for purposes of determining a quorum or for any other purpose. Service as an Advisory Director shall be counted together with service as a Director for purposes of determining eligibility for any benefits based upon years of service. An Advisory Director of the Company shall be entitled to indemnification by the Company as provided in the Articles of Incorporation or Article VIII herein.