New Hampshire Proposed amendment to Bylaws regarding director and officer indemnification with copy of amendment

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This sample form, a detailed Proposed Amendment to Bylaws Re: Director and Officer Indemnifiation w/Copy of Amendment, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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  • Preview Proposed amendment to Bylaws regarding director and officer indemnification with copy of amendment
  • Preview Proposed amendment to Bylaws regarding director and officer indemnification with copy of amendment
  • Preview Proposed amendment to Bylaws regarding director and officer indemnification with copy of amendment
  • Preview Proposed amendment to Bylaws regarding director and officer indemnification with copy of amendment
  • Preview Proposed amendment to Bylaws regarding director and officer indemnification with copy of amendment
  • Preview Proposed amendment to Bylaws regarding director and officer indemnification with copy of amendment
  • Preview Proposed amendment to Bylaws regarding director and officer indemnification with copy of amendment

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FAQ

The voting requirements for membership approval of bylaw amendments and restatements are normally found in an association's bylaws. In the event the bylaws fail to include an amendment provision, they may be amended by a majority of those members voting once a quorum has been established. (Corp. Code § 7150(b).)

One of the best and easiest ways to remove a director is to allow term limits to expire and not reappoint them. This is one of the reasons some boards limit the number of terms a person can serve. Term limits keep boards refreshed. Letting loose an unproductive board member is a natural way to improve the board.

The board of directors for a nonprofit organization can be changed through a vote by the members or through a change in the bylaws. If the bylaws do not specify how board members can be removed or replaced, then the members can vote to change the board.

The most common policy for member organizations is to call a meeting of members and notify the board member in writing that they will be voted upon during said meeting. From there, bylaws can require the majority of (or sometimes more) members to vote to remove the board member.

To fire a toxic board member, follow these five steps: Check with others first. Make sure other leaders at your organization agree that the board member you are concerned with is a true detriment. ... Record their poor behavior. ... Recruit allies. ... Be honest and up-front. ... Acknowledge any contributions.

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New Hampshire Proposed amendment to Bylaws regarding director and officer indemnification with copy of amendment