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B G B R <br />YLA WS FOR THE UNNI SON A SI N OUN DTABLE <br />P 15 <br />AGE <br />AR T ICL E X <br />CO NTR AC TS, LO AN S, C HE CK S AN D D EP OSI TS <br />Con tracts. The Ro und tab le may autho riz e the Ch airp erson or Vi ce Ch airp erson , <br />Sect ion 1. <br />ag ent or ag ents, to enter into any contrac t on beha lf of the Roun dtab le and such au thor ity may <br />b e g en er a l or c on fi n ed t o sp ec if ic i n st a n ce s. <br />C h ec ks, Dr a ft s, E tc . The Round tabl e s hall nei th er i ssu e n or a cc ep t ch ec ks, <br />Sect ion 2. <br />dr a ft s, or o th er f or ms of p a y me n t fr om p ri v a te p a rt ie s. <br />AR TIC LE XI <br />F IS CAL Y EA R <br />Th e fi scal ye ar of the Rou ndta ble shall beg in on the first d ay of October an d en d on th e <br />last day of Septemb er i n each y ear, unl ess oth erwise desig nat ed b y the Rou ndta ble . <br />ARTICL E XI I <br />WA IV ER OF NOT ICE <br />Whe nev er a ny n otice is requ ired to b e g iv en to a ny M ember of the Rou ndta ble , un der <br />the prov ision s of t he s e Byl aw s or und er t he prov ision s of the appli cab le laws o f th e St ate of <br />Col orado , a waiv er ther eof in writin g, sign ed by the person or p erson s en title d to such noti ce, <br />wheth er b efore , at, or after the time stated ther ein , sha ll be deemed equ iv ale nt to t he gi vi ng <br />of su ch noti ce. <br />ARTICL E XI II <br />IN DEM NI F ICA T IO N <br />Th e R oun dtab le shal l hav e the power to indemni fy the Ch airp erson , V ice Ch airp erson , <br />Rec order, and any Member, employ ee or ag ent of the Rou ndta ble to the full est e xte nt permitte d <br />u n de r C ol or a do l a w. <br />ARTICL E XI V <br />AD OP TIO N A ND AME ND MEN TS <br />The Roundt ableand may be al tered, amen ded, re peal ed o r re plac ed b y new b yl aws on ly by con sensus of th e <br />Me mbe rs at any annual, regul ar or s pec ial me eti ng of t he Round tabl e. All M em bers shall have <br />recei ve d writte n noti ce o f an y and al l proposed cha ng es to the Byl aws at le ast t wo weeks pri or <br />to t he date such cha ng es a re t o b e v oted upon . <br />J 2, 20 07 <br />ULY <br />