The Board of Director's committees cannot take a V-CAB
- • BoD cannot delegate Committees for the following V-CAB Commitees
- o THE FOLLOWING V-CAB CANNOT BE DELEGATED TO COMMITEES
- V: fill VACANCIES on the BoD
- C: fix director COMPENSATION
- A: AMEND, ADOPT or REPEAL bylaws
- B: BYPASS the BoD and the Committee directly submit to SHs any ‘DAM LAP’ plan/activity (which has to be decided first by the BoD).