Additional Board Meetings Clause Samples
The 'Additional Board Meetings' clause defines the conditions under which extra meetings of a company's board of directors may be convened beyond the regularly scheduled sessions. Typically, this clause outlines who has the authority to call such meetings, the required notice period, and any specific procedures that must be followed, such as providing an agenda or specifying the method of communication. Its core practical function is to ensure that urgent or unforeseen matters can be addressed promptly by the board, thereby maintaining effective governance and responsiveness to emerging issues.
Additional Board Meetings. Other than the regular quarterly meetings, additional meetings of the Board may be called by the Chair or the Chair’s designee by notice given to each Board Member at least seven (7) days before the meeting.