Subject to the provisions of these Bylaws with respect to the removal of Directors, vacancies occurring in the Board of Directors shall be filled by a majority vote of the remaining Directors, and Directors thus elected shall serve until the next Annual Meeting of Members (or until their successors shall have been elected at a Special Meeting of the Members or by the aforesaid election by the Board) and shall have qualified to serve for the unexpired portion of a term or a new term as the case may be.