Each year, on one of the business days of the Annual Convention, there is an election to fill three seats of those directors whose terms have expired on the IBF/USBA Board of Directors. Article 3.3 of the Bylaws provides that “Only persons who are former United States State Commissioners, former Executive Directors of United States State Commissions, members of the Corporation for five consecutive years immediately preceding the election, or former members of the Executive Committee or board of directors of the Corporation or its predecessor corporation (the IBF/USBA) shall be eligible to be elected a director.” Under the Bylaws, the newly elected directors shall hold office until the third successive annual meeting after their election and until their successors shall have been elected and qualified.
Article 3.6 of the Bylaws describes the mechanism for nominations for election to the Board of Directors:
Nomination of Directors.–Nominations for election to the board may be made by or on behalf of the board by any member entitled to vote for the election of directors. Nominations, other than those made by or on behalf of the board, may not be made unless a written notice of the member’s intent to make the nomination shall have been received by the secretary of the corporation not less than thirty days nor more than sixty days prior to the membership meeting at which the nomination will be made.If the corporation furnishes less than forty days notice of any meeting, however, the notification by the member must be received not later than ten days following the date on which the corporation provided the notice of the meeting, but in no event less than five days prior to the meeting.
3.6.1 The notification of intent to nominate shall contain the following information to the extent known to the notifying member:
(a) The name and address of each proposed nominee;
(b) The principal occupation of each proposed nominee;
(c) The name and residence address of the notifying member;
(d) The written consent of each nominee to serve as a director of the corporation if elected;
(e) A brief statement of the background and qualifications of each nominee that evidence their interest and competence in professional boxing; a
(f) The basis on which the nominee meets the qualifications required by paragraph 3.3 of these bylaws.
3.6.2 No nomination of a candidate for director, except candidates nominated by or on behalf of the board, shall be valid unless the member who proposes to nominate a candidate has provided notification to the corporation within the time limits and containing the information specified above. The chairman of the meeting, for good cause shown, may waive one or more of the foregoing requirements. In the absence of such a waiver, however, no nomination by a member shall be valid and all votes cast for persons not duly nominated shall be disregarded.
Article 2.12 provides the same time frame for a member to submit a proposed action to the membership for its approval or disapproval, that is, between March 20, 2015 and April 19, 2015. Therefore, any other action you would like to propose to the membership for approval or disapproval should also be sent to the IBF to arrive between these dates.
The Bylaws were approved at the annual meeting on May 29, 2002 and were distributed to the membership at that time. They can be reviewed on the IBF/USBA web site at http://ibfusbaboxing.wpenginepowered.com.
We anticipate that the election to fill the seats presently held by Paul Artisst, David McCullough and Al Meier will be held on Tuesday, May 19, 2015 at 4:30 p.m. In the event the date for the election changes, you will be notified in advance.
Thus, the written notices described above must be received at the IBF office, 899 Mountain Avenue, Suite 2C, Springfield, New Jersey 07081 no sooner than March 20, 2015 and no later than April 19, 2015.