Effective Date: July 30, 2025 Applies To: CrownThrive, LLC · ThriveAlumni · Board of Directors · Executive Council · Governance & Compliance Committees
1. Purpose
This policy ensures the controlled, legally sound, and community-informed management of all Board restructuring efforts. It empowers the Founders and Governance Chairs to act swiftly during crises while preserving member representation and compliance with CHLOM™ governance standards.
2. Restructuring Triggers
Board restructuring may occur under the following conditions:
- Platform expansion or acquisition of a new subsidiary (e.g., CrownFluence, ThriveU)
- Merger, partnership, or corporate filing updates (e.g., LLC → C-Corp)
- Governance collapse or mass resignation within Board or Executive Committees
- Structural realignment to support CHLOM™ integration or new token-based governance layers
- Verified internal corruption, non-performance, or systemic ethical breach
3. Expansion Protocol
When expanding Board capacity:
- Proposal must be introduced by the Governance Committee or Executive Director
- All new seats must be justified via internal ecosystem needs (e.g., legal, finance, technology oversight)
- No more than 5 seats may be added in a single quarter without 2/3 Board vote
- ThriveAlumni must be notified at least 14 days prior to seat addition, with public eligibility review
- All new seats must be documented in the CHLOM™ ledger, Legal Depot, and Governance Roster
4. Emergency Override
If the Founders determine that a governance emergency exists, they may enact an Emergency Override Clause, granting the following powers for 30 days:
- Immediate appointment of up to 3 Emergency Board Members or Investigative Officers
- Temporary freezing of open elections or public nominations
- Suspension of access for members under investigation
- Rebalancing of Board voting weight until corrective action is complete
Extensions beyond 30 days require Governance Committee reapproval and CHLOM™ flag status elevation.
5. Founder Authority Safeguards
No restructure may:
- Remove Founders from Board voting rights without unanimous Founder consent
- Reallocate equity or governance tokens without CHLOM-verified ledger amendments
- Alter core seat definitions (Chair, Treasurer, Secretary) without a constitutional amendment process
Any attempt to circumvent these conditions triggers the Anti-Hostile Takeover Policy and initiates legal protection under LLC and IP laws.
6. Communication & Transparency
All restructures must be:
- Announced in the ThriveAlumni platform within 7 days of proposal approval
- Logged in the CHLOM™ Governance Ledger with smart contract timestamp
- Available for public review within the Legal Depot and Governance Archive
- Reviewed by the Advisory Committee within 15 business days for ethics compliance
7. Integration with CHLOM™
Each new board member seat, emergency role, or committee seat assignment triggered through restructure must include:
- Tokenized Governance ID (T-Gov ID) via CHLOM Decentralized Licensing Authority
- Duration of assignment, renewal clauses, and termination triggers
- Permission level (e.g., voting, advisory, restricted) recorded in immutable ledger form
8. Termination or Sunset of Added Seats
Restructured seats may be phased out if:
- No longer required by platform growth metrics
- Filled under temporary emergency clause and not reaffirmed
- Found redundant by CHLOM AI audit or community governance vote (75% approval needed)
Sunset seats will retain historical documentation for archive purposes.