Attached files
file | filename |
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EX-14.2 - CODE OF ETHICS - Exactus, Inc. | exactus_ex142.htm |
EX-14.1 - CODE OF ETHICS - Exactus, Inc. | exactus_ex141.htm |
EX-10.9 - MATERIAL CONTRACTS - Exactus, Inc. | ex10-9.htm |
EX-10.8 - MATERIAL CONTRACTS - Exactus, Inc. | exactus_ex108.htm |
EX-10.7 - MATERIAL CONTRACTS - Exactus, Inc. | exactus_ex107.htm |
EX-10.6 - MATERIAL CONTRACTS - Exactus, Inc. | exactus_ex106.htm |
EX-10.5 - MATERIAL CONTRACTS - Exactus, Inc. | exactus_ex105.htm |
EX-10.4 - MATERIAL CONTRACTS - Exactus, Inc. | exactus_ex104.htm |
EX-10.3 - MATERIAL CONTRACTS - Exactus, Inc. | exactus_ex103.htm |
EX-10.2 - MATERIAL CONTRACTS - Exactus, Inc. | exactus_ex102.htm |
EX-10.1 - MATERIAL CONTRACTS - Exactus, Inc. | exactus_ex101.htm |
EX-3.2 - ARTICLES OF INCORPORATION / BYLAWS - Exactus, Inc. | exactus_ex32.htm |
EX-3.1 - ARTICLES OF INCORPORATION / BYLAWS - Exactus, Inc. | exactus_ex31.htm |
8-K - CURRENT REPORT - Exactus, Inc. | exactus_8k.htm |
Exhibit
4.1
CHARTER
OF THE ADVISORY BOARD OF
EXACTUS,
INC.
This
Charter outlines the purpose, composition and responsibilities of
the Advisory Board (the “Advisory
Board”) of the Board of Directors (the
“Board”) of
Exactus, Inc., a Nevada corporation (the “Company”).
I.
PURPOSE
The
Advisory Board is responsible for: (a) making recommendations to
the Board regarding the Company's phyto-cannabinoid, FDA and drug
development related strategies and opportunities; (b) performing
such other functions as may be deemed necessary or convenient in
efficiently carrying out the foregoing; and (c) such other
functions as the Board may from time to time assign to the Advisory
Board.
II.
COMPOSITION
The
Advisory Board shall be composed of a minimum of two members
(including a Chairperson). The members of the Advisory Board and
the Chairperson shall be selected annually by the Board and shall
serve at the pleasure of the Board. Any Advisory Board member
(including the Chairperson) may be removed at any time, with or
without cause, by the Board. The Advisory Board shall have
authority to delegate responsibilities listed herein to
sub-Advisory Boards of the Advisory Board if the Advisory Board
determines such delegation would be in the best interest of the
Company.
III.
MEETING
REQUIREMENTS
The
Advisory Board shall meet as necessary to enable it to fulfill its
responsibilities, but at least once each year.
The
Advisory Board may ask members of management or others whose advice
and counsel are relevant to the issues then being considered by the
Advisory Board to attend any meetings and to provide such pertinent
information as the Advisory Board may request.
The
Chairperson of the Advisory Board shall be responsible for
leadership of the Advisory Board, including preparing the agenda,
presiding over Advisory Board meetings, making Advisory Board
assignments and reporting on the Advisory Board’s activities
to the Board.
IV.
ADVISORY
BOARD RESPONSIBILITIES
In
carrying out its responsibilities, the Advisory Board’s
policies and procedures should remain flexible to enable the
Advisory Board to react to changes in circumstances. In addition to
such other duties as the Board may from time to time assign, the
Advisory Board shall have the following
responsibilities:
A. Provide strategic
advice and make recommendations to the Board regarding current and
planned programs;
B. Advise the Board
regarding the merit of technology or products involved in
investment, licensing and acquisition opportunities;
C. Provide strategic
advice to the Board regarding emerging issues and trends;
and
D. Report to the full
Board with respect to significant matters covered at Advisory Board
meetings.