Proposed igate board structure

iGATE Proposed Board Structure 4/14/14 meeting – Nelson F, Sblend S, Jonathan L , Shail K

developed by Shail Khiyara

Proposed Structure City B City A

City C $

$

$

Board A 501 (c) 3

Comprises of City Officials Purpose: • To drive Economic Development in the TriValley Region with emphasis on creating jobs and companies.

Outcome: • Subject to Brown Act and CA Section 1090 • Allows City officials to participate on the Board

$ Based on certain criteria TBD

Board B 501 (c) 3

Comprises of Private Sector Purpose: • To define the vision and strategy of iGATE and provide governance Outcome: • Not subject to Brown Act or CA Section 1090 • Opportunities to bring in private sector investment • May be or may not be a pay for play

Seed Fund $ Inv. 1

$ Inv. 3

$ Inv. 2