By-Law Amendments

Section 6.7a
Voting:

An act of a majority of the Board at any meeting at which there is a quorum shall constitute an act of the Board, except that a 2/3 vote of the members to which the Board is entitled shall be required to (i) change or amend by-laws, (ii) enter into any contract which encumbers the Corporation for an amount which equals or exceeds $4,000, (iii) (ii) approve any transaction in which a Director has a direct or indirect material financial interest (subject to Section 6.14b & c), and (iv) (iii) distribute or sell assets of the Corporation, the value of which equals or exceeds $4,000.

Section 12.2
Disbursements:

All checks or demands for money, drafts or other orders for payment of monies and all notes, bonds or other evidence of indebtedness issued in the name of the Corporation shall be signed by Officer(s), Agent(s), or Employee(s) of the Corporation as determined by the Board of Directors. All such checks or demands for payroll, in any amount equal to or greater than fifteen thousand dollars ($15,000), shall not be negotiable unless signed by at least two authorized signatories, of which one shall be a Director other than the President/CEO. All such checks or demands for amounts more than two hundred fifty dollars ($250) and less than fifteen thousand dollars ($15,000) may be signed by the President/CEO and any other authorized signatory. All such checks or demands for amounts of two hundred fifty dollars ($250) or less may be signed by the President/CEO or any other Officer. executed only in accordance with policy adopted from time to time by the Board of Directors.

Section 12.3
Contracts:

All contracts entered into on behalf of this Corporation shall be authorized by the Board of Directors. Contracts involving the Corporation in a transaction with considerations exceeding five thousand dollars ($5,000.00) shall be signed by the Chair and at least one other authorized signatory. Contracts obligating the Corporation to pay lesser amounts may be signed by the President/CEO. executed only in accordance with policy adopted from time to time by the Board of Directors.

For more information:

834-0007