By Board. By the Board:
By Board. Purpose The purpose of this document is to provide a waiver and release agreement to be signed by per- sons visiting the APEX telescope located at the 5000-m altitude XXXX/APEX site in Chile. Signing this Waiver and Release Agreement acknowledges that you fully understand that you are entering a closed, private area at high altitude, which has risk which can be potentially fatal. Your signature acknowledges that you are doing so entirely at your own risk. You are assuring by your signature that you are doing so without any recourse (by you, your heirs or assigns), and are waiving all rights to any recourse to APEX, the legal responsible, or APEX representative or any other entity referred to in the Waiver and Release Agreement.
By Board. Except as otherwise expressly provided by statute or in the Certificate or in this Agreement, this Agreement may be amended by the Board, without any action by the Beneficiaries. Except as may otherwise be expressly provided in the Certificate, the Certificate may be amended only by the Board, without any action or approval by the Beneficiaries.
By Board. The administrative board may amend the provisions of the Agreement, except Sections 5.1., 5.3 12.3., and 13.5. by a two-thirds vote, at any meeting called for that purpose if at least 30 days written notice of the time, purpose, and place of the meeting is provided to all members and members of the board. The written notice must include the specific language of the proposed amendment and advise the members about their right to object to the proposed amendment and the method by which such right may be exercised. The amendment shall not be effective if more than 50 percent of the members appear personally or provide written objection to the proposed amendment prior to the time of the meeting.
By Board. The Board, upon a majority vote at a regular meeting, special meeting, or by way of Electronic Vote, may terminate a Project. Termination will be effective upon sixty (60) days notice, by any means suitable under these Bylaws, to the Project Lead.
By Board. The Board may terminate this Agreement without cause at its discretion upon the provision of not less than seven (7) days written notice of termination from the date such notice is approved by the Board at a duly noticed public meeting. In the event of unilateral termination by the Board, the Board shall pay the Superintendent, as severance pay, all of the aggregate salary and benefits he would have received under this Agreement and the indemnity obligations in Section 7 continue.
