From 5f65ee5226d4caa6e0cec42168ce138f8dd07b39 Mon Sep 17 00:00:00 2001 From: Charles N Wyble Date: Thu, 26 Dec 2024 15:34:36 -0500 Subject: [PATCH] . --- src/Board/charters/ForProfit-Committee-Charter.md | 7 ++++--- src/Board/charters/NonProfit-Committee-Charter.md | 5 +++++ 2 files changed, 9 insertions(+), 3 deletions(-) diff --git a/src/Board/charters/ForProfit-Committee-Charter.md b/src/Board/charters/ForProfit-Committee-Charter.md index 84e0772..39a290e 100644 --- a/src/Board/charters/ForProfit-Committee-Charter.md +++ b/src/Board/charters/ForProfit-Committee-Charter.md @@ -1,8 +1,8 @@ # 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 @@ -43,6 +43,7 @@ The Committee may participate in a meeting by means of conference telephone or s 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 director’s last known e-mail address and/or phone number, at least two (2) days prior to the meeting. diff --git a/src/Board/charters/NonProfit-Committee-Charter.md b/src/Board/charters/NonProfit-Committee-Charter.md index 19d8903..7125b91 100644 --- a/src/Board/charters/NonProfit-Committee-Charter.md +++ b/src/Board/charters/NonProfit-Committee-Charter.md @@ -62,6 +62,7 @@ Meetings may be attended remotely through electronic means. 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. @@ -92,6 +93,7 @@ The officers of the Committee serve one year terms in their respective offices. 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 committee’s 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. @@ -144,6 +147,7 @@ The Finance Sub Committee recommends policy regarding the Entity finances and as 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.