1. The Board shall hold a minimum of four (4) meetings within a year. However, the chairman is required to call the Board to convene upon the request of at least two of the Board members.

2. The Board meetings shall be held at Company’s main office, unless otherwise determined by the Board.

3. The Company shall simultaneously send a copy of each invitation it sends to the Board members, to attend any Board meeting or Board committee meeting, to the Authority along with all the necessary information and documents provided to the Board members.