Waiver of Notice for Special Board of Directors Meeting Template
How to use a waiver of notice for special board of directors meeting
A director on the Board of Directors of a corporation may have a serious problem that needs to be addressed. It could range from calling out another director for fraud or a simple company problem that requires a big chuck of the corporations money to be spent to fix.
For big decisions a board of directors always hold a meeting. Sometimes these meetings need to be made without notice. In a perfect world a director would give the other directors a week or two notice that he/she would like to hold a special board of directors meeting. In the real world this rarely happens.
It is very important if you as a director call a meeting, that you have gotten all the needed signatures from the other directors to cover yourself should another director cry foul someday. In a special director meeting. Having the directors sign the minutes of the meeting is one way of documenting the boards decisions, but another crucial document is a waiver of notice if notice was not given. This is also protection for you as a director that if you feel pushed and rushed into making a decision, you wouldn’t want to sign a waiver of notice of special meeting for the board of directors.
More Corporate Forms:
All Corporation Forms
Board of Directors Meeting
Board of Director Resolution
Waiver Shareholder Special Meeting
Waiver Shareholder Annual Meeting
Waiver Directors Annual Meeting
Articles of Incorporation
Corporate Bylaws template
All LLC Forms
All Nonprofit Forms