AGMM
AFRINIC Bylaws 2016
- AFRINIC Bylaws 2016
- 2 NAME
- 3 TYPE AND OBJECTS OF COMPANY
- 4 FUNDING
- 5 REGISTERED OFFICE
- 6 MEMBERSHIP
- 7 POWERS OF MEMBERS
- 8 TERMINATION OF MEMBERSHIP
- 9 THE NOMINATION COMMITTEE
- 10 ELECTION COMMITTEE
- 11 COMMUNITY MEETINGS
- 12 PROCEEDINGS AT ANNUAL GENERAL MEMBERS' MEETINGS
- 13 APPOINTMENT OF DIRECTORS
- 14 REMOVAL OF DIRECTORS
- 15 POWERS OF DIRECTORS
- 16 THE COUNCIL OF ELDERS
- 17 CHIEF EXECUTIVE OFFICER
- 18 REMUNERATION OF DIRECTORS
- 19 PROCEEDINGS OF DIRECTORS
- 20 SECRETARY
- 21 INDEMNITY AND INSURANCE
- 22 WINDING-UP
- 23 COMMON SEAL, AUTHENTICATION OF DOCUMENTS
18 REMUNERATION OF DIRECTORS
18.1 Except for the Chief Executive Officer, a Director shall not be an employee of the company and subject to the approval of the Annual General Members' Meeting may receive such remuneration or compensation as may be prescribed.
However, Directors shall be entitled to be reimbursed for reasonable out-of pocket expenses (including travelling, hotel and subsistence expenses) as determined by the Board from time to time, incurred in the fulfilment of their duties towards the Company or otherwise in connection with the business of the Company.
Find out more
More information about the AGMMs, AGMM procedures and the responsibilities of the Board of Directors can be found in the following articles of the AFRINIC bylaws:
- 9. The Nomination Committee
- 10. Election Committee
- 11. Community Meetings
- 12. Proceedings At Annual General Members' Meetings
- 13. Appointment Of Directors
- 15. Powers Of Directors
AFRINIC's corporate and financial documents can be found here