Filling Multiple Board Vacancies in an HOA Election

Our association's by-laws state:

"Section 5.2. Election. Election to the Board shall be by secret written
ballot. At such election the Members or their proxies may cast, in respect
to each vacancy, as many votes as they are entitled to exercise under the
provisions of the Declaration. The persons receiving the largest number of
votes shall be elected. Cumulative voting is not permitted."

So, if we have two vacancies on the Board, do we:

a. Have a separate election for each slot?
b. Have one election in which the two highest vote-getters fill the slots?

Also, what does "cumulative voting" mean here, and how does the prohibition against it relate to the questions above?

Mary has it right except for the cumulative voting which is prohibited in your Association so the members could NOT use all their votes on one candidate.

Thanks, Mary and Glen.

A follow-up question:

What if the vacancies to be filled are for different terms (e.g. one slot for a three year term and one slot for a one year term)? How do you decide which candidate fills which vacancy?

Roger