This June 30, 2023, Affiliation Agreement establishing the legal and operational framework for Antioch University and Otterbein University to form the Coalition for the Common Good.
Relevant excerpts:
- “3.1 Authority of the Board. As the Corporation’s governing board, the Board shall have broad and sole authority over the affairs of the Corporation to the fullest extent permitted by these By-Laws, the Ohio Nonprofit Corporation Law and other applicable law, except to the extent such authority is delegated pursuant to these By-Laws or Board action to the Antioch Standing Committee, the Otterbein Standing Committee or another authorized committee of the Board.”
- “6.4 Antioch Standing Committee. The Antioch Standing Committee shall consist, ex-officio, of all of the Antioch Directors, who shall oversee, in consultation with the Antioch Advisory Board, matters generally related to the Antioch Division... The Antioch Standing Committee is required to approve the matters noted below in this Section 6.4. Matters indicated by an asterisk (*) are solely subject to approval by the Antioch Standing Committee; all other matters are, following the approval of the Antioch Standing Committee, also subject to a Majority Vote or Supermajority Vote of the Corporation’s Board under Article IV hereof.
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- B. Operating and capital budgets, including investments from the Corporation’s affiliates;
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- D. Amendments to the Corporation’s By-Laws or Articles of Incorporation;
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- H. Appointment and termination of the Chancellor of the Antioch Division;
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- K. Changes to the Antioch Division’s institutional accreditation;”