Business Record details for North Shore Meadows, LLC

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•^' R J (� Section 7. Waiver of Notice and Assent#o Action. Notice of any meeting of the Board may be waived by any Govemor before, at or after the meeting in writing or orally. Attendance by a Governor at a meeting is a waiver ofi notice of that meeting, except where the Governor objects af the beginning of the meeting to the transaction of busin�ss bequse the meeting is not lawfully called or convened and does not pa�ticipate thereafter in the meeting. Section 8. uorum. The presence of a majority of the Govemors shalt constitute a quorum for the transaction of business. ln the absence of a quorum, a majority of the Govemors pres�nt may adjoum a meeting of the Board from tirne to time until a quorum is present. If a quorum is present when a duly called or held Board meeting is convened, the Govemors present may confiinue ta transact business until adjoumm�nt, even though the withdrawal of a number of Governors originally present leaves less than the proportion or number otherwis� required for a quorurn. Section �. Absent Governars. A Governar may give advance written consent or oppQsition to a proposal to be acted on at a Board meeting. If the Governor is not present at the mee#ing, cons�nt or oppos:iti4n to a proposal does not constitute presence for purposes of determining the existence of a quorum, but consent or opposi#ion shall be counted as a vote in favor of or against the proposal and shall be entered in the minutes or otl�er record of action at the meeting, if the proposal acted on at the meeting is substantially the same or has substantially the same effect as the proposal to which the Govern�r has consented or objected. Section 10. VotinQ. At all meetings of the Board of Governors, each Governor shall have one (1)vQte irrespective of the percent of the voting membership interest that ��•, 6 � RtDB'9$BNNHTT EGANRARUN.DBL