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localities, and the names, addresses, and terms of office of new initial appointees to the board of directors. The amended articles of incorporation shall be filed with the State Corporation Commission as provided by law. Upon the date of issuance of the certificate by the State Corporation Commission for the amended articles of incorporation, the terms of office of the board members of the existing Authority shall terminate and the appointments made in the resolutions, ordinances, or agreement creating the new Authority shall begin. Merger of two authorities existing under the Act shall be accomplished by the same method as joinder of a new member locality. ARTICLE V BOARD OF DIRECTORS, TERMS OF OFFICE The powers of the Authority shall be exercised by a board of directors composed of five voting members and five alternate members, with one voting member and one alternate appointed by the governing bodies of each of the member localities as set forth in this Article. Members of the board of directors or their alternate members may be, but are not required to be, members of the governing body or professional staff of a member locality. In the event a board of directors member or alternate member is removed from office as a director, has his or her term of office with the appointing locality end, or has his or her employment with the appointing locality end during his or her term on the board of directors, that board of directors member shall be disqualified and his or her seat on the board of directors shall become automatically vacant. The governing body of the member locality that appointed that board member may appoint a replacement to serve the remainder of the term. The terms of office of the board of directors members shall be four years. The initial terms shall be staggered such that two members are initially appointed for two -year terms, and three members are initially appointed for four years. Members may succeed themselves. Appointments to fill vacancies, however arising, shall be for the remainder of the unexpired term. If at the end of any term of office a successor director has not been appointed, then the director whose term of office has expired shall continue to hold office until his or her successor is appointed and qualifies. The board of directors shall annually elect from among its members a chairman and a vice - chairman, and shall annually elect a secretary and treasurer who need not be members. The names and addresses, and terms of office of the members of the initial board of directors of the Authority are as follows: