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# ForProfit Committee Charter
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As stated in the Operating Agreement of the Company electing oversight by this committee, any changes to this charer must be approved by unamious
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written consent of all Members of all entities under this committee.
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As stated in the Operating Agreement of the Component electing oversight by this committee, any changes to this charer must be approved by unamious
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written consent of all Members of all components governed under this committee.
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## Purpose
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* Suborbital
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* Axios Heart Studios
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and other affiliated entities that may elect oversight by this committee
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and other affiliated components that may elect oversight by this committee
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## Director Elections
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in the meeting can hear each other, and participation in such a meeting pursuant to this Section shall constitute presence in person at such meeting.
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## Notice and waiver; quorum
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Notice of any meeting of the Committee shall be given to each director personally or by e-mail , or telephone call
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addressed to such director at such director’s last known e-mail address and/or phone number, at least two (2) days prior
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to the meeting.
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The presence of fifty percent (50%) of the directors at any meeting constitutes a quorum.
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## Term of Office
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Board members are elected to a two-year term of office. The term is without compensation. The Board is made up of 3 to 15 members. Terms begin in November at
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our annual meeting and expire at the conclusion of the second annual meeting following their election.
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voting Directors whenever in its judgment the best interests of the Entities will be served.
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### President
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1. Is a member of the Committee and serves as the chief volunteer of the Entities.
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2. Presides at all meetings of the Committee after developing the agenda with the Entity Executive Directors.
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3. Encourages the Committee role in strategic planning.
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7. Reports to the full TSYS Group Board Of Directors on the committee’s decisions and recommendations.
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### Vice President
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1. Is a member of the Committee.
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2. Performs responsibilities of the Committee President when the President is not available.
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3. Works closely with the Committee President and the Group Entity staff to achieve the mission of the Entities.
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responsibility for safeguarding any endowment or reserve funds.
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### Nominating Sub Committee
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The Nominating Sub Committee members ensure the Committee has an effective process and structure in place to conduct business. They are responsible for
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planning the Committee retreat, sub committee development, ongoing training of Committee members and Committee evaluation.
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the Entities operation, the Committee member should refer the matter back to the Executive Director.
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## Commitee Member as representative of Entity
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Committee members should be well informed of the mission and goals of the Entities. Each member should strive to educate, inform, and
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recruit support for the programs in the community.
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