Waiver Of Notice For Board of Directors Special Meeting
A waiver of notice is a common document used for board of directors special meetings. Special meetings are called when there’s a pressing issue that can’t wait for the next scheduled meeting. If there’s not enough time for a formal meeting notice, directors can opt to sign a waiver and hold the meeting without notice. The waiver ensures that all directors agree to hold the meeting and abide by the actions that take place. Below, we provide a free waiver of notice template for your board of directors special meeting.
Special Meeting of Board of Directors – Free Waiver Of Notice Template
Enjoy our free waiver of notice template for a board of directors special meeting. Like all our forms, this template is intended for individual use.
We also have additional tools and resources to help you maintain your corporation. We offer registered agent service in every state for $125 a year. You can also hire us for state annual report compliance. If you would like help forming a corporation in your state or any state, we charge $100 plus the state filing fees.
Let Us Help You Maintain Your Corporation!
GET STARTED
Why would I need a waiver of notice for a board of directors special meeting?
For big decisions, a board of directors should always hold a meeting. Sometimes, these meetings need to be made without notice. In a perfect world, a director would notify the other directors of a special meeting far in advance. In the real world, this rarely happens.
There are a variety of big decisions that would justify short notice for a special meeting. A director on the board of a corporation may have a serious problem that needs to be addressed. It could range from calling out another director for fraud to sorting out a simple company problem that requires a big chunk of the corporation’s money.
If you call a meeting without notice, it’s critical that you get all the needed signatures from the other directors waiving their right to notice. Not only is proper notice is a requirement to hold a meeting, but it also prevents directors from feeling pushed or rushed into a making decisions.
What should a special meeting waiver of notice include?
Our waiver of notice template for a board of directors special meeting includes the following key information:
-
Your corporation’s name
-
Date, time and location of first meeting
-
Statement waiving notice
-
Statement consenting and agreeing to business transacted at the meeting
-
Statement that business transacted has the same force and effect as if there had been notice
-
Director names and signatures
-
Dates of all signatures