Proposed Bylaw Change(s)

 

Executive Director Compensation

Current 11.5:Officers shall serve in their roles as such without compensation. For the avoidance of doubt, this Section 11.5 shall not prohibit a LifeRing employee from receiving compensation for his or her services as an employee, or reimbursement for expenses incurred in connection with such employment services, regardless of whether such LifeRing employee also serves as an officer.

Proposed 11.5: The Secretary and Treasurer shall serve in their roles as such without compensation. For the avoidance of doubt, this Section 11.5 shall not prohibit a LifeRing employee from receiving compensation for his or her services as an employee, or reimbursement for expenses incurred in connection with such employment services, regardless of whether such LifeRing employee also serves as an officer.

Rationale: The Board recommends this bylaws change because it anticipates that it may be beneficial to LifeRing to hire an Executive Director in the future.