4. The articles of incorporation of Dakila Incorporated (DI) provides for a seven- member Board of Directors. Florante, the chairperson of the Board, resigned barely two months into office while Laura, another director, died in a vehicular accident on her sixth month in office, thereby leaving only five members in the Board. The one-year term of office of the remaining directors had just ended without an annual stockholders’ meeting being held since Laura was actually the majority stockholder of DI and her estate was still being settled. May the remaining five directors, acting as the Board, fill in the vacancies in the Board? Explain your answer.