CENTURY ROAD CLUB ASSOCIATIONMEETING OF THE BOARD OF DIRECTORS

January 12, 2016

The Board of Directors (the “Board”) of the Century Road Club Association (the “CRCA”) held a duly noticed meeting on January 12, 2016 at the Donghia Gallery on the 3rd Floor of 25 East 13th Street, New York, New York.

The meeting was called to order by Alexis Kraft, President of the Board, at approximately 7:00 PM.

The following members of the Board, constituting a quorum of the Board, were present:

• Alexis Kraft – President
• Gabrielle Fisher – Vice President, Racing
• Tara Parsons – Vice President, Rider Development
• Fred David – Secretary
• Ken Edwards – Treasurer
• Russ Bogin – Public Relations Director
• Randy Locklair – Membership Director
• David Wen Riccardi-Zhu – Communications Director
• Ted Teyber – Director of Open Racing
• Robert Rakowitz – Director of Teams

Also present were the following former members of the Board:

• Liz Marcello
• David Carr
• Lucia Deng
• Joe Grgic

1. WELCOME

Alexis Kraft welcomed the Board and thanked the outgoing Board members for their contributions to the CRCA.

2. MEMBERSHIP

Randy Locklair provided an update regarding the logistics for opening membership registration. The Board identified a target launch date of January 26.

The Board discussed continuing the new member referral program and potential changes to the program. Under the program, as in effect for the 2015 season, CRCA members who recruit a new member to the club received a $15 discount on the entry fee for a 2015 open race hosted by the CRCA. The Board discussed the need to better define the program’s requirements and to better publicize the program. The Board did not vote on the matter and will readdress the topic in a future meeting.

The Board also discussed the proposals for distributing race numbers, including a number pick-up social event, distribution to sub-team captains and mailings.

3. CLUB RACING

Gabrielle Fisher provided an update on preparations for 2016 club races, including updates on the status of the process of obtaining requisite permits from the New York City Parks Department and USA Cycling, staffing, and other related logistics.

4. GRANTS TOMB

Joe Grgic provided an update on preparations for the Grants Tomb Criterium, which is tentatively scheduled for March 12, including updates on the status of the process of obtaining requisite permits from the New York City Parks Department, USA Cycling, the New York Police Department and the New York City Fire Department and other related logistics.

5. OPEN RACING

Joe Grgic and Ted Teyber provided a brief update on preparations for the Orchard Beach Criterium and the Bear Mountain Classic.

TREASURY / FINANCIAL

Ken Edwards provided a brief update on the status of the CRCA’s financial position and concluded that there was no need to change the pricing model for membership and club races.

7. SPONSORSHIP OUTLOOK

Russ Bogin provided an update on the outlook for obtaining sponsorships for the CRCA and its races. The Board discussed the importance of locating additional sponsors.

8. SPRING SERIES

Liz Marcello informed the Board that the New York City Spring Series would be returning in 2016 after being cancelled in 2015 and that the CRCA would be lending equipment to the new promoter of the Spring Series.

9. COACHING

Tara Parsons provided an update on the 2016 coaching sessions and discussed adding Karl Rahn to the coaching program.

10. MARSHAL CREDIT FOR OUTGOING MEMBERS

Upon motion duly made and seconded, the Board voted that outgoing 2015 Board members would have a one-year relief of marshaling duty as a recognition of their contributions to the club as past board members.

11. ADJOURNMENT

There being no further business, the meeting was adjourned at approximately 8:00 PM.

Respectfully submitted,

Fred David, Secretary