Any officer or agent elected or appointed by the board may be removed by the board whenever in its judgment the best interests of the corporation will be served thereby. In addition, any member of the corporation may bring charges against an officer, and by filing with the secretary such charges in writing together with a petition signed by 10 per centum of the members, or 200 members, whichever is the lesser, may request the removal of such officer.

The officer against whom such charges have been brought shall be informed in writing of the charges at least 10 days before the board meeting at which the charges are to be considered and shall have the opportunity at the meeting to be heard in person or by counsel and to present evidence in respect of the charges, and the person or persons bringing the charges shall have the same opportunity.