Amendments by the Board. The Board shall have the power to make and alter this Agreement, including the changing of the number of Directors. The text of the proposed amendments shall have been sent to all Directors with the call for the meeting at least ten (10) days in advance of such meeting. All amendment(s) made by the Board shall be submitted to the members as described in Article XV, Section 10, but not later than with the notice of the next scheduled meeting of members. If the amendments are not approved, the Board shall be required to reinstate the portion of the Agreement affected by such disapproval to the form in which it was prior to such action by the Board, without prejudice to the ability of the Board to make other amendments on the same subject or to the same portion of the Agreement at a later time.
Appears in 4 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
