Sunflower Alliance Nfp

“Board of Directors Meetings taken from Section IV.07: Board of Directors Meetings section from NFP's By-Laws - a Regular Meetings. The board of directors shall have minimum of four 4 regular meetings each calendar year at the time and paces fixed by the board. Board meetings shall be held upon four 4 days notice by first-class mai electronic mai or facsimile transmission of forty-eight 48 hours notice delivered personally or by telephone. If sent by mail facsimile transmission or electronic mail the notice shall be deemed to be delivered upon its deposit in the mail or transmission system. Notice of meetings shall specify the place day and hour of meeting. The purpose of the meeting need not be specified. b Special Meetings. Special meetings of the board may be called by the president vice-president secretary treasurer or any two 2 other directors of the board of directors. A special meeting must be preceded by at least two 2 days' notice to each director of the date time and place but not the propose of the meeting. c Waiver of Notice. Any director may waive notice of any meeting in accordance with Michigan Law.”

“The board has adopted and periodically reviews its conflict of interest policy to protect the corporation's interest when it is contemplating any transaction or arrangement which may benefit any director officer employee affiliate or member of a committee with board-delegated powers in accordance with By-Laws section entitled "Section VIII.03: Conflict of Interest."”

“Directors are not restricted from being enumerated for professional services provided to the corporation. Such remuneration shall be reasonable and fair to the corporation and must be reviewed and approved in accordance with the board Conflict of Interest policy and state law. In addition Directors shall receive no compensation for carrying out their duties as directors. The board may adopt policies providing for reasonable reimbursement of directors for expenses incurred in conjunction with carrying out board responsibilities such as travel expenses to attend board meetings. These items can be found in Section IV.09: Compensation for Board Members Services and Section IV.10: Compensation for Professional Services by Directors in NFP's By-Laws.”