Common use of Board Quorum; Meetings, etc Clause in Contracts

Board Quorum; Meetings, etc. The quorum of the meetings of the Board (which shall exist at the time of the voting as well as the attendance of the Board meeting) shall be the directors separately or collectively having five (5) votes, including the presence, in person or by telephone, electronic or other means of communication, of at least the Taikang Director, Matrix Director and K2 Director, provided, however, that if such quorum cannot be obtained for a Board meeting after two (2) consecutive notices of Board meetings have been sent by the Company with the first notice providing not less than fourteen (14) days’ prior notice and the second notice providing not less than five (5) days’ prior notice, then the attendance of the directors separately or collectively having at least five (5) votes shall constitute a quorum. Notices and agendas of Board meetings as well as copies of all board papers shall be sent to all the relevant directors and to the Investors at least fourteen (14) Business Days prior to the relevant Board meeting. Minutes of Board meetings shall be sent to Investors within thirty (30) days after the relevant meeting. The Company shall hold Board meetings at least once a quarter.

Board Quorum; Meetings, etc. The Company’s Revised M&A shall provide for a quorum of the meetings of the Board (which shall exist at the time of the voting as well as the attendance of the Board meeting) shall be of the directors separately or collectively having five Board for six (56) votesDirectors, including the presence, in person or by telephone, electronic or other means of communication, of at least the Taikang one (1) Series A Director, Matrix Director one (1) Series B Director, one (1) Series C Director, and K2 one (1) Ordinary Share Director, provided, however, that if such quorum cannot be obtained for a Board meeting after two (2) consecutive notices of Board meetings have been sent by the Company with the first notice providing not less than fourteen (14) days’ prior notice and the second notice providing not less than five (5) days’ prior notice, then the attendance of the directors separately or collectively having at least five any six (56) votes Directors shall constitute a quorum. Notices and agendas of Board meetings as well as copies of all board papers shall be sent to all the relevant directors and to the Investors at least fourteen (14) Business Days prior to the relevant Board meeting. Minutes of Board meetings shall be sent to Investors within thirty (30) days after the relevant meeting. The Company shall hold Board meetings at least once a quartermonth in the first six (6) months after the Closing and at least once a quarter thereafter.

Board Quorum; Meetings, etc. The quorum of the meetings of the Board (which shall exist at the time of the voting as well as the attendance of the Board meeting) of the meetings of the Board shall be the directors separately or collectively having five seven (57) votesdirectors, including the presence, in person Person or by telephone, electronic or other means of communication, of at least all the Taikang Director, Matrix Director and K2 DirectorPreferred Directors, provided, however, that if such quorum cannot be obtained for a Board meeting after two (2) consecutive notices of Board meetings have been sent by the Company with the first notice providing not less than fourteen (14) days’ prior notice and the second notice providing not less than five (5) days’ prior notice, then the attendance of the any six (6) directors separately or collectively having at least five (5) votes shall constitute a quorum; provided further that matters discussed in such adjourned meeting shall be limited to those stated in the written notices and agendas of the Board meetings. Notices and agendas of Board meetings as well as copies of all board papers shall be sent to all the relevant directors and to the Investors at least fourteen (14) Business Days prior to the relevant Board meeting. Minutes of Board meetings shall be sent to Investors within thirty (30) days after the relevant meeting. The Company shall hold Board meetings at least once a quarter.

Board Quorum; Meetings, etc. The quorum of the meetings of the Board (which shall exist at the time of the voting as well as the attendance of the Board meeting) of the meetings of the Board shall be the directors separately or collectively having five (5) votesdirectors, including the presence, in person Person or by telephone, electronic or other means of communication, of at least at least two thirds (2/3) of the Taikang Director, Matrix Director and K2 DirectorInvestor Directors, provided, however, that if such quorum cannot be obtained for a Board meeting after two (2) consecutive notices of Board meetings have been sent by the Company with the first notice providing not less than fourteen (14) days’ prior notice and the second notice providing not less than five (5) days’ prior notice, then the attendance of the directors separately or collectively having at least any five (5) votes directors shall constitute a quorum; provided further that matters discussed in such adjourned meeting shall be limited to those stated in the written notices and agendas of the Board meetings. Notices and agendas of Board meetings as well as copies of all board papers shall be sent to all the relevant directors and to the Investors at least fourteen (14) Business Days prior to the relevant Board meeting. Minutes of Board meetings shall be sent to the Investors within thirty (30) days after the relevant meeting. The Company shall hold Board meetings at least once a quarter.