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# ForProfit Committee Charter
As stated in the Operating Agreement of the Company electing oversight by this committee, any changes to this charer must be approved by unamious
written consent of all Members of all entities under this committee.
As stated in the Operating Agreement of the Component electing oversight by this committee, any changes to this charer must be approved by unamious
written consent of all Members of all components governed under this committee.
## Purpose
@@ -12,7 +12,7 @@ The ForPofit Committee provides support, guidance and counsel to Management and
* Suborbital
* Axios Heart Studios
and other affiliated entities that may elect oversight by this committee
and other affiliated components that may elect oversight by this committee
## 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.
## Notice and waiver; quorum
Notice of any meeting of the Committee shall be given to each director personally or by e-mail , or telephone call
addressed to such director at such directors last known e-mail address and/or phone number, at least two (2) days prior
to the meeting.

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The presence of fifty percent (50%) of the directors at any meeting constitutes a quorum.
## Term of Office
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
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.
### President
1. Is a member of the Committee and serves as the chief volunteer of the Entities.
2. Presides at all meetings of the Committee after developing the agenda with the Entity Executive Directors.
3. Encourages the Committee role in strategic planning.
@@ -101,6 +103,7 @@ voting Directors whenever in its judgment the best interests of the Entities wil
7. Reports to the full TSYS Group Board Of Directors on the committees decisions and recommendations.
### Vice President
1. Is a member of the Committee.
2. Performs responsibilities of the Committee President when the President is not available.
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.
### Nominating Sub Committee
The Nominating Sub Committee members ensure the Committee has an effective process and structure in place to conduct business. They are responsible for
planning the Committee retreat, sub committee development, ongoing training of Committee members and Committee evaluation.
@@ -200,6 +204,7 @@ confidentiality. For instance, if a staff person or volunteer approaches a Commi
the Entities operation, the Committee member should refer the matter back to the Executive Director.
## Commitee Member as representative of Entity
Committee members should be well informed of the mission and goals of the Entities. Each member should strive to educate, inform, and
recruit support for the programs in the community.