Boardroom Commitment Pledge

Boardroom Commitment Pledge

This Boardroom Commitment Pledge (the "Pledge") is made effective as of Effective Date: between Organization Name: (the "Organization") and Board Member Name: .

WHEREAS

WHEREAS, the Organization is responsible for fiduciary oversight, strategic direction and governance of the Organization's affairs; and

WHEREAS, the Board Member has been elected or appointed to serve on the Organization's board and acknowledges the duties of care, loyalty and obedience that attach to such service; and

WHEREAS, the parties desire to set forth the specific commitments, time expectations and standards of conduct applicable to the Board Member's role through this written pledge.

SCOPE OF COMMITMENT

The Board Member agrees to perform the following duties and responsibilities in a manner consistent with the Organization's bylaws, policies and applicable law. The scope set forth below is not exhaustive and may be amended by written agreement of the parties.

COMMITMENTS

The Board Member affirms the following commitments by checking each applicable box and signing below. These commitments are material to the parties' relationship and are enforceable as set forth in this Pledge.

Attendance at scheduled board meetings and reasonable committee meetings, including preparedness and timely review of meeting materials.

Maintenance of confidentiality for non-public information acquired in connection with board service, consistent with the Confidentiality clause below.

Disclosure of any actual or potential conflicts of interest and recusal where required by policy or law.

Willingness to serve on committees and undertake reasonable assignments consistent with the Board Member's skills and the Organization's needs.

To advocate for the Organization's mission while distinguishing personal views from official Board positions.

PAYMENT TERMS

If applicable, the Organization will provide compensation or reimbursement as described below. Reimbursement for reasonable expenses is conditioned on submission of appropriate documentation in accordance with Organization policy.

TERM AND TERMINATION

This Pledge commences on Start Date: and continues until End Date: unless earlier terminated as provided below.

Either party may terminate this Pledge for convenience upon written notice to the other party delivered no fewer than prior to the effective termination date. The Organization may terminate this Pledge immediately for cause, including material breach, failure to disclose a conflict of interest, or conduct materially detrimental to the Organization.

CONFIDENTIALITY

The Board Member acknowledges that, in the course of board service, the Board Member may receive confidential, proprietary or non-public information concerning the Organization. The Board Member shall hold all such information in strict confidence, shall not disclose such information to any third party without prior written authorization from the Organization, and shall use such information solely for the performance of duties under this Pledge. Upon termination of board service, the Board Member shall return or destroy confidential materials as directed by the Organization. Breach of this confidentiality obligation may give rise to injunctive or other equitable relief in addition to any damages.

GOVERNING LAW

This Pledge shall be governed by and construed in accordance with the laws of the State of without regard to choice of law principles.

ENTIRE AGREEMENT

This Pledge constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior agreements, understandings, negotiations and discussions, whether oral or written. Any amendment or modification of this Pledge must be in writing and signed by both parties.

NOTICES

All notices required or permitted under this Pledge shall be in writing and delivered to the parties at the addresses below or to such other address as a party may specify in writing.

ACKNOWLEDGMENT

By signing below, the parties attest that they have the authority to enter into this Pledge and that the information provided herein is true and correct. The Board Member acknowledges that failure to fulfill the commitments set forth in this Pledge may result in remedial action as determined by the Organization in accordance with its governing documents.

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