Common use of Chair of Meetings Clause in Contracts

Chair of Meetings. Meetings of directors are to be chaired by: (a) the chair of the board, if any; (b) in the absence of the chair of the board, the president, if any, if the president is a director; or (c) any other director chosen by the directors if: (i) neither the chair of the board nor the president, if a director, is present at the meeting within 15 minutes after the time set for holding the meeting, (ii) neither the chair of the board nor the president, if a director, is willing to chair the meeting, or (iii) the chair of the board and the president, if a director, have advised the secretary, if any, or any other director, that they will not be present at the meeting.

Appears in 2 contracts

Samples: Amalgamation Agreement (Asep Medical Holdings Inc.), Amalgamation Agreement (Asep Medical Holdings Inc.)

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Chair of Meetings. Meetings of directors are to be chaired by: (a) the chair of the board, if any;, (b) in the absence of the chair of the board, the president, if any, if the president is a director; , or (c) any other director chosen by the directors if: (i) neither the chair of the board nor the president, if a director, is present at the meeting within 15 minutes after the time set for holding the meeting, (ii) neither the chair of the board nor the president, if a director, is willing to chair the meeting, or (iii) the chair of the board and the president, if a director, have advised the secretary, if any, or any other director, that they will not be present at the meeting.

Appears in 2 contracts

Samples: Amalgamation Agreement, Amalgamation Agreement

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