Readers 2 Leaders

“At its annual meeting, the board shall elect and appoint the members of the board of directors. The board may submit nominations to the board, and the board may consider, at its own discretion, but shall not be bound, by such nominations by the board. Each director's term shall commence on the first day of the month following the month in which his or her election and appointment occur. Except as provided in section 4.5 or section 5.5, each director's term shall continue for two years and until his or her successor has been elected and qualified or until his or her earlier death, retirement, disqualification or removal from office. Unless waived by the board, a director other than the chairman may serve for three consecutive terms. A director may be reelected in the future. Section 4.5 any vacancy occuring in the board of directors shall be filled by the board. A director appointed to fill a vacancy shall serve for the unexpired term of such director's predecessor in office. Section 5.5 the chairman shall perform such duties as may be assigned by the board of directors from time to time. The chairman shall serve as an ex-officio member of the board with voting rights and shall preside at all meetings of the board. The chairman shall serve as an ex-officio member of all committees of the board with voting rights. The officers of the corporation shall consist of a chairman of the board of directors, a secretary, a treasurer, and such other officers as may be elected in accordance with the provisions of this article. The board of directors may elect such other officers, including one or more operating directors, one or more assistant secretaries, if any, and one or more assistant treasurers, if any, for such terms as it shall deem desirable. Such officers shall have the authority and perform the duties prescribed, from time to time, by the board of directors. Any two or more offices may be held by the same person. The officers shall serve for terms of one year and shall be elected annually by a majority vote of the board of directors present at a meeting of the board at which a quorum is present or written consent in accordance with section 4.14 annually by the board of directors. If the election of officers is not held at the annual meeting, the election shall be held as soon thereafter as possible. New offices may be created and filled by the board. Each officer shall hold office until his or her successor, if any, shall have been duly elected and qualified or until the earlier death, resignation, retirement, disqualification or removal from office of the officer.”

“The organization is to review the tax form 990 at the earliest board meeting.”

“Officers and key employees sign a written conflict of interest policy annually. Any conflicts are reviewed by the executive director and/or board of directors as necessary.”

“The determination of compensation of key employees of the organization is made after a review of comparability data or other evidence that compensation is reasonable.”

“The determination of compensation of key employees of the organization is made after a review of comparability data or other evidence that compensation is reasonable.”

“Documents are made available to the public upon request.”