Board of Directors is appointed by the shareholders to take care of their best interest and act as representatives of the shareholders. A board meeting usually runs for a longer duration than the shareholders meeting and the frequency of the meeting is also more as compared to the shareholders meetings....
This simple form constitutes the waiver of the director of the corporation. It would show that all notices of the first meeting of the board of directors of the corporation is waived and consents to the meeting to be held at the same place and immediately following the initial meeting...