Investment Account

John Bailey rekkanoryo at
Sun Sep 11 15:27:55 EDT 2022

I vote in favor.

On Sat, Sep 10, 2022, 22:44 Matthew <matthew at> wrote:

> I vote in favor.
> On Tue, Sep 6, 2022 at 11:54 PM Richard Laager <rlaager at> wrote:
>> The following is the example resolution from the Fidelity application.
>> I propose that we adopt the following resolution, with the understanding
>> that the "individual(s) listed on this application" are Matthew Needham,
>> Gary Kramlich, and Richard Laager.
>> I'll specify an opening time of 2022-09-10T05:00:00Z, which is a few
>> minutes on the correct side of the 72 hour requirement. According to our
>> voting procedure <>, voting ends 168 hours
>> after it opens (2022-09-17T05:00:00Z), or whenever a majority decision is
>> reached, whichever comes first.
>> ----
>> FIRST: That the individual(s) listed on this application hereby are
>> authorized and empowered, for and on behalf of this Business (herein called
>> the “Business”), to establish, maintain, and act on this account (which may
>> be a margin account), and each of them hereby is authorized and empowered
>> for and on behalf of this Business, with Fidelity Brokerage Services LLC
>> and its affiliates (collectively “Fidelity”) for the purpose of purchasing,
>> investing in, or otherwise acquiring, selling (including short sales),
>> possessing, transferring, exchanging, or otherwise disposing of, or turning
>> to account of, or realizing upon, and generally dealing in and with any and
>> all forms of securities including, but not by way of limitation, shares,
>> stocks, bonds, debentures, notes, scrip, participation certificates, rights
>> to subscribe, options, warrants, certificates of deposit, mortgages,
>> evidences of indebtedness, commercial paper, certificates of indebtedness
>> and certificates of interest of any and every kind and nature whatsoever,
>> secured or unsecured, whether represented by trust, participating and/or
>> other certificates, or otherwise. The fullest authority at all times with
>> respect to any such commitment or with respect to any transaction deemed by
>> any of the said officers and/or agents to be proper in connection therewith
>> is hereby conferred, including authority (without limiting the generality
>> of the foregoing) to give instructions (whether oral, written, electronic,
>> or otherwise) to Fidelity with respect to said transactions; to borrow
>> money and securities and to borrow such money and securities from or
>> through Fidelity, and to secure repayment thereof with the property of the
>> Business; to bind and obligate the Business to and for the carrying out of
>> any contract, arrangement, or transaction that shall be entered into by any
>> such officer and/or agent for and on behalf of the Business with or through
>> Fidelity; to pay by checks and/or drafts drawn upon the funds of the
>> Business such sums as may be necessary in connection with any of the said
>> accounts; to deliver securities and contracts to Fidelity; to deliver
>> securities to and deposit funds with Fidelity; to order the transfer or
>> delivery of securities to any other person whatsoever, and/or to order the
>> transfer of record of any securities, to any name selected by any of the
>> said officers or agents; to affix the corporate seal to any documents or
>> securities to any name selected by any of the said officers or agents; to
>> affix the corporate seal to any documents or agreements, or otherwise; to
>> endorse any securities and/or contracts in order to pass title thereto; to
>> direct the sale or exercise of any rights with respect to any securities;
>> to sign for the Business all releases, powers of attorney, and/or other
>> documents in connection with any such account, and to agree to any terms or
>> conditions to control any such account; to direct Fidelity to surrender any
>> securities to the proper agent or party for the purpose of effecting any
>> exchange or conversion, or for the purpose of deposit with any protective
>> or similar committee, or otherwise; to accept delivery of any securities;
>> to appoint any other person or persons to do any and all things that any of
>> the said officers and/or agents are hereby empowered to do, and generally
>> to do and take all action necessary in connection with the account, or
>> considered desirable by such officer and/or agent with respect thereto.
>> SECOND: That Fidelity may deal with any and all of the persons directly
>> or indirectly empowered by the foregoing resolution, as though they were
>> dealing with the Business directly.
>> THIRD: That the officers of the Business be and hereby are authorized,
>> empowered, and if requested by Fidelity, directed to certify: (a) a true
>> copy of these resolutions; (b) specimen signatures of each and every person
>> by these resolutions empowered; (c) a certificate (which, if required by
>> Fidelity, shall be supported by an opinion of the general counsel of the
>> Business, or other counsel satisfactory to Fidelity) that the Business is
>> duly organized and existing, that its operating documents empower it to
>> transact the business by these resolutions defined, and that no limitation
>> has been imposed upon such powers.
>> FOURTH: That Fidelity may rely upon any certification given in accordance
>> with these resolutions, as continuing fully effective unless and until
>> Fidelity shall receive due written notice of a change in or the rescission
>> of the authority so evidenced and the dispatch or receipt of any other form
>> of notice shall not constitute a waiver of this provision, nor shall the
>> fact that any person hereby empowered ceases to be an officer of the
>> Business or becomes an officer under some other title in any way affect the
>> powers hereby conferred. The failure to supply any specimen signature shall
>> not invalidate any transaction if the transaction is in accordance with
>> authority actually granted.
>> FIFTH: That in the event of any change in the office or powers of persons
>> hereby empowered, the officers of the Business shall certify such changes
>> to Fidelity in writing in the manner herein above provided, which
>> notification, when received, shall be adequate both to terminate the powers
>> of the persons theretofore authorized, and to empower the persons thereby
>> substituted.
>> SIXTH: That the foregoing resolutions and the certificates actually
>> furnished to Fidelity by the Business pursuant thereto be and hereby are
>> made irrevocable until written notice of the revocation thereof shall have
>> been received by Fidelity.
>> SEVENTH: That the Business and its officers indemnify and hold Fidelity
>> harmless from any claim, loss, expense, or other liability for effecting
>> any transactions and acting upon any instructions given by the officers of
>> the Business.
>> ----
>> --
>> Richard
>> _______________________________________________
>> Board mailing list
>> Board at
> _______________________________________________
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