Common use of Informal Action by Board Members Clause in Contracts

Informal Action by Board Members. Any action required to be taken at a meeting of the Policy Board, or any other action which may be taken at a meeting of the Policy Board, may be taken without a meeting if all Policy Board Members consent to taking such action without a meeting. If all Policy Board Members consent to taking such action without a meeting, the affirmative vote of a majority of the Policy Board Members is the act of the Policy Board. The action must be evidenced by one or more written consents describing the action taken, signed by each Policy Board Member, indicating each signing Policy Board Member's vote or abstention on the action, and shall be included in the minutes or filed with the Policy Board records reflecting the action taken.

Informal Action by Board Members. Any action required to be taken at a meeting of the Policy Board, or any other action which may be taken at a meeting of the Policy Board, may be taken without a meeting if all Policy Board Members consent to taking such action without a meeting. If all Policy Board Members consent to taking such action without a meeting, the affirmative vote of a majority of the Policy Board Members is the act of the Policy Board. The action must be evidenced by one or more written consents describing the action taken, signed by each Policy Board Member, indicating each signing Policy Board Member's vote or abstention on the action, and shall be included in the minutes or filed with the Policy Board records reflecting the action taken.. EXHIBIT 6.9.1 ROAII PLAN