Common use of Conduct of a Meeting Clause in Contracts

Conduct of a Meeting. The Board of Directors in its reasonable discretion shall have full power and authority concerning the manner of conducting any meeting of the Members or solicitation of approvals in writing, including the determination of Persons entitled to vote, the existence of a quorum, the satisfaction of the requirements of this Article XII, the conduct of voting, the validity and effect of any proxies and the determination of any controversies, votes or challenges arising in connection with or during the meeting or voting. The Board of Directors shall designate a Person to serve as chairman of any meeting and shall further designate a Person to take the minutes of any meeting. All minutes shall be kept with the records of the Company maintained by the Board of Directors. The Board of Directors may make such other regulations consistent with applicable Law and this Agreement as it may deem advisable concerning the conduct of any meeting of the Members or solicitation of approvals in writing, including regulations in regard to the appointment of proxies, the appointment and duties of inspectors of votes and approvals, the submission and examination of proxies and other evidence of the right to vote and the revocation of approvals, proxies and votes in writing.

Conduct of a Meeting. The To the fullest extent permitted by law, the Board of Directors in its reasonable discretion shall have full power and authority concerning the manner of conducting any meeting of the V Members or solicitation of approvals in writingShareholders, including the determination of Persons entitled to vote, the existence of a quorum, the satisfaction of the requirements of this Article XIIAgreement, the conduct of voting, the validity and effect of any proxies and the determination of any controversies, votes or challenges arising in connection with or during the meeting or voting. The Board of Directors shall designate a Person person to serve as chairman chairperson of any meeting and shall further designate a Person person to take the minutes of any meeting. All minutes shall be kept with the records of the Company and any applicable Series maintained by the Board of DirectorsCompany or the applicable Series. The Board of Directors may make such other regulations consistent with applicable Law law and this Agreement as it may deem advisable concerning the conduct of any meeting of the Members or solicitation of approvals in writingShareholders, including regulations in regard to the appointment of proxies, the appointment and duties of inspectors of votes and approvalsvotes, the submission and examination of proxies and other evidence of the right to vote and the revocation of approvals, proxies and votes in writingvote.

Conduct of a Meeting. The Board of Directors in its reasonable discretion shall have full power and authority concerning the manner of conducting any meeting of the Non-Seadrill Members or solicitation of approvals in writing, including the determination of Persons entitled to vote, the existence of a quorum, the satisfaction of the requirements of this Article XIISection 13.4, the conduct of voting, the validity and effect of any proxies and the determination of any controversies, votes or challenges arising in connection with or during the meeting or voting. The Chairman of the Board of Directors shall designate a Person to serve as chairman of any meeting and shall further designate a Person to take the minutes of any meeting. All minutes shall be kept with the records of the Company maintained by the Board of Directors. The Board of Directors may make such other regulations consistent with applicable Law law and this Agreement as it may deem advisable concerning the conduct of any meeting of the Non-Seadrill Members or solicitation of approvals in writing, including regulations in regard to the appointment of proxies, the appointment and duties of inspectors of votes and approvals, the submission and examination of proxies and other evidence of the right to vote vote, and the revocation of approvals, proxies and votes approvals in writing.