Increase the Number of In-Person Board Meetings

To balance the considerations noted above, the Nominating and Governance Committee agreed to keep the required number of annual meetings at four per year, but recommended increasing the number of required in-person meetings from two to three. This change is documented in Article 5.3(b).

    (b) Regular Meetings. The Board shall meet four (4) times each calendar year, with at least three (3) of these meetings being in-person (rather than telephonic) meetings. As used in these Bylaws, the term “annual meeting” refers to any one of the in-person meetings in any calendar year.