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.

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.