I was just curious, because moderator elections are currently labeled by year, such as the "Gaming 2012 Moderator Election" which seems to imply that you can only have one in the year. What if a couple moderators decide to leave that same year. You have an election in January, and around September/October, you need two more. Does the site have to wait until the next year to get more moderators, or would you come up with some uniquely interesting way to rename the election? Part Deux?
I know this is an edge-case which will probably never happen, but I'm curious! My mind wanders!