respective chairperson of each committee, or by the Chair, provided that notice is given to all
members of the committee in person, by telephone, or by electronic mail at least 24 hours in
advance of the meeting. All committee meetings shall comply with New Hampshire’s Right-to-
Know Law, NH RSA 91-A, and as it may be amended. Reports of committee meetings shall be
presented to the Board at its next regular meeting, and each committee shall furnish copies thereof
to the Secretary to be maintained with the records of the Corporation. Any committee member
may participate ina meeting of the committee by means of a conference telephone, video or similar
communications equipment allowing all persons participating in the meeting, including the public,
to hear each other at the same time, to the extent allowed by NH RSA 91-A, and participation by
such means shall constitute presence in person at a meeting. Unless the Board shall otherwise
provide, the standing committees shall have the power to establish their own rules of procedure
and to determine the time and place of their meetings.
SECTION 3. Executive Committee. At such time as membership in the Corporation exceeds
11 (eleven) Members, there shall be an Executive Committee consisting of the Chair, the Vice
Chair, the Treasurer, the Secretary, and the Immediate Past-Chair. If the Immediate Past-Chair is
no longer a Director of the Board or declines to serve on the committee, another Director may be
appointed to serve on the committee. The Chair, Vice Chair, Treasurer, and Secretary shall serve
on the committee during their terms in office. Other members shall be appointed for one-year
terms and may serve consecutive terms. The Executive Committee shal! have authority to exercise
all powers of the Board between meetings of the Board but shall exercise such authority only when
action is required before the next scheduled Board meeting. All actions taken by the committee
shall be reported to the Board at the next meeting of the Board. Further, the committee shall have
no authority to take any of the following actions:
(a) Elect or remove any Director or officer, including the filling of a vacancy.
(b) Terminate, hire, or take any other action with respect to the employment status of the
Chief Executive Officer.
(c) Adopt or materially amend the Corporation’s budget.
(ad) Amend or terminate the Agreement.
(e) Repeal or adopt any amendment to the Corporation’s Articles of Agreement or By-
Laws; or
(f) Approve any merger, reorganization, liquidation, dissolution, or disposition of substantially
all the Corporation’s assets.
SECTION 4. Finance Committee. There shall be a Finance Committee consisting of at least
two Directors or alternates, one of whom shall be the Treasurer, who shall serve as chairperson of
such Committee. The committee shall advise the Treasurer and the Board as to the investments,
budget, and general fiscal policy of the Corporation.
SECTION 5. Audit Committee. There shall be an Audit Committee consisting of no fewer than
two and no more than six Directors or alternates. The committee shall oversee the quality and
integrity of the Corporation’s accounting, auditing and reporting practices, shall cause an
independent financial report of the accounts and records of the Corporation to be made by a
certified public accountant or public accountants each fiscal year, which shall be provided to
Directors and to Members at the Annual Meeting. The Corporation shall consider the budget
amount necessary for such financial reports as determined by the Audit Committee. The specific
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