The North Carolina Waiver of Notice of Meeting of Directors is an important legal document that pertains to corporate governance in the state of North Carolina. This waiver allows directors of a corporation to waive the notice requirement for a meeting, which means that they are agreeing to hold a meeting without the standard prior notification. In North Carolina, there are two main types of waivers of notice of meeting of directors: 1. General Waiver of Notice: This type of waiver applies to regular board meetings. Directors sign this waiver to acknowledge that they have received proper notification of the recurring board meetings and that they waive their right to receive individual notices for each meeting. This waiver is often used to streamline the process and eliminate the need for repeated notices for routine board meetings. 2. Special Waiver of Notice: This waiver is used for specific or special meetings of the board of directors. Sometimes, urgent matters or time-sensitive decisions require immediate attention, and the standard notice period may not be practical. In such cases, directors can sign a special waiver of notice, which allows them to hold a meeting without the required notice period. This waiver requires all directors to be in agreement and to sign the document, acknowledging their understanding and consent. Keywords: North Carolina, waiver of notice, meeting of directors, corporate governance, legal document, regular board meetings, individual notices, streamlining process, routine board meetings, special meetings, time-sensitive decisions, urgent matters, notice period, required notice, understanding, consent.