− | SME Server, Inc. will be governed by a Board of Directors, initially numbering five (5) directors in total, three (3) from the SME Server Leadership Committee and two (2) from the Corporate Sponsor. The Board may vote to increase the number of Directors, or add Advisers at its discretion. | + | SME Server, Inc. will be governed by a President. |
| The Board of Directors shall concern itself, broadly, with legal and organizational issues arising from the existence of SME Server, Inc., and the financial activities of this corporation. In particular, it shall be responsible for, or may delegate and review, receiving any community donations, establishing bank and investment accounts, paying any obligations, establishing funds for such purposes as bounties, and so forth. | | The Board of Directors shall concern itself, broadly, with legal and organizational issues arising from the existence of SME Server, Inc., and the financial activities of this corporation. In particular, it shall be responsible for, or may delegate and review, receiving any community donations, establishing bank and investment accounts, paying any obligations, establishing funds for such purposes as bounties, and so forth. |
− | The initial members of the Board of Directors shall be the three elected members of the Leadership Committee, and two members chosen by the Corporate Sponsor. The Board members will not be paid for their service by SME Server, Inc. Their areas of interest on the Board of Directors shall be related to their roles in the SME Server Organization, in the following manner:
| + | The Board members will not be paid for their service by SME Server, Inc. Their areas of interest on the Board of Directors shall be related to their roles in the SME Server Organization, in the following manner: |