Mno-Bmadsen Dividend Policy Advisory Committee

New Partner Added To Hotel Elkhart Redevelopment
February 28, 2019

Mno-Bmadsen Dividend Policy Advisory Committee

Mno-Bmadsen Dividend Policy Advisory Committee

Request for Two Pokagon Band Citizen Applicants

Background

The Dividend Policy Advisory Committee (“committee”) was created by the Mno-Bmadsen Board of Directors to assist the Board with the study and development of a dividend policy. The committee presently consists of three members who are directors of the Mno-Bmadsen Board. Two vacant seats remain for tribal citizens. Tribal citizens who are interested in serving on the committee are asked to submit an application for consideration by the committee.

Purpose

The Dividend Policy Advisory Committee’s purpose is to study the matter of the issuance of dividends and recommend a dividend policy to the Board of Directors in conformity with the committee’s charter. In pursuit thereof, the committee will focus on two major tasks: 1. Investment and dividend analysis; and 2. Dividend policy recommendation. Following final approval of a dividend policy by the Board of Directors, the Committee shall convene annually to recommend dividend payments in accordance with same.

Meetings & Commitment

The committee is expected to meet on a monthly basis, or as otherwise determined by the committee, for the remainder of 2019. Meetings be held at the Mno-Bmadsen headquarters or possibly other locations in the southwest Michigan / northwest Indiana region. Mileage and pre-approved expenses are reimbursed for committee meetings and related work by its members.

Application & Appointment

Interested tribal citizens are asked to complete an application  indicating their interest in serving on the committee to:

Abbie Kusch, Office Administrator
[email protected]
269-783-4111

Please also direct any questions regarding the committee or the application process to Ms. Kusch. The committee will review applications as received and until the vacancies are filled. The Dividend Policy Advisory Committee’s charter is available on the Mno-Bmadsen website: https://mno-bmadsen.com or upon request to Ms. Kusch may be mailed or emailed.