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6. 1. F. - Page 26 ARTICLE 3 THE ASSOCIATION Section 3.1 Incorporation The Association is a nonprofit mutual benefit corporation formed under the laws of the State of California. At the recording of the first sale of a Condominium, the Association shall be charged with the duties and invested with the powers set forth in the Condominium Documents. Section 3.2 Action Throueh Designated Officers Except as to matters requiring the approval of Owners as set forth in the Condominium Documents, the affairs of the Association, including the exercise of its powers and duties, shall be conducted by the Board, such officers as the Board may elect or appoint or such Persons with delegated authority as set forth in the Condominium Documents. Section 3.3 Association to Manage the Common Area The management of the Common Area, including both the Building Common Area and Association Common Area, shall be vested in the Association in accordance with the Condominium Documents. The Owners of all of the Condominiums hereby covenant and agree that the administration of the Development shall be in accordance with the provisions of the Condominium Documents. Section 3.4 Membership The Owner of a Condominium shall automatically, upon becoming the Owner of same, be a Member of the Association, and shall remain a Member thereof until such time as that Owner's ownership ceases for reasons set forth herein, at which time that Owner's membership in the Association shall automatically terminate. Each Owner shall have the rights, duties and obligations of membership as set forth in the Condominium Documents. Any party that holds an interest in a Condominium merely as security for performance of an obligation shall not be a Member of the Association. Upon the commencement of Annual Assessments in a subsequent Phase, the Owners of Condominium Units described in the Declaration of Annexation for that Phase shall become Members of the Association. Section 3.5 Transferred Membership Membership in the Association shall not be transferred, pledged or alienated in any way, except upon the sale, conveyance, judicial sale or other voluntary or involuntary transfer of the Condominium to which it is appurtenant and then only to the purchaser in the case of a sale or to the transferee in the case of a transfer. Any attempt to make a prohibited transfer is void. Section 3.6 Membership Classes and Voting Rights The Association shall initially have two classes of voting Members as follows: (a) Class A : Class A voting Members shall consist of all Owners with the exception of the Declarant and shall be entitled to one vote or right of consent for each Condominium owned. When more than one Person holds an interest in any Condominium, all such Persons shall be Members; provided, however, the vote or right of consent for any such Condominium shall be exercised in accordance with the Bylaws and as such multiple Owners may among themselves determine, but in no event shall more than one vote be cast or right of consent be exercised with respect to any Condominium. (b) Class B : Class B voting Members shall consist of the Declarant who shall be entitled to three (3) votes or rights of consent for each Condominium owned. Declarant may designate an individual(s) to exercise Declarant's rights as a member of the Association. The Class B voting 16 CCRS -One Marina. docx