Common use of Duties of Inspectors Clause in Contracts

Duties of Inspectors. At a meeting of stockholders, the inspectors of election shall (i) ascertain the number of shares outstanding and the voting power of each share, (ii) determine the shares represented at a meeting and the validity of proxies and ballots, (iii) count all votes and ballots, (iv) determine and retain for a reasonable period of time a record of the disposition of any challenges made to any determination by the inspectors, and (v) certify their determination of the number of shares represented at the meeting, and their count of all votes and ballots. The inspectors may appoint or retain other persons or entities to assist the inspectors in the performance of the duties of the inspectors.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Cisco Systems, Inc.), Agreement and Plan of Merger (Splunk Inc), Agreement and Plan of Merger (Broadsoft, Inc.)

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Duties of Inspectors. At a meeting of stockholders, the inspectors of election shall (ia) ascertain the number of shares outstanding and the voting power of each share, (iib) determine the shares represented at a meeting and the validity of proxies and ballots, (iiic) count all votes and ballots, (ivd) determine and retain for a reasonable period of time a record of the disposition of any challenges made to any determination by the inspectors, and (ve) certify their determination of the number of shares represented at the meeting, and their count of all votes and ballots. The inspectors may appoint or retain other persons or entities to assist the inspectors in the performance of the duties of the inspectors.

Appears in 5 contracts

Samples: Business Combination Agreement (Phoenix Biotech Acquisition Corp.), Agreement and Plan of Merger (InterPrivate II Acquisition Corp.), Agreement and Plan of Merger (Petra Acquisition Inc.)

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Duties of Inspectors. At a meeting of stockholders, the inspectors of election inspector(s) shall (ia) ascertain the number of shares outstanding and the voting power of each share, (iib) determine the shares represented at a meeting and the validity of proxies and ballots, (iiic) count all votes and ballots, (ivd) determine and retain for a reasonable period of time a record of the disposition of any challenges made to any determination by the inspectors, and (ve) certify their determination of the number of shares represented at the meeting, and their count of all votes and ballots. The inspectors may appoint or retain other persons or entities to assist the inspectors in the performance of the duties of the inspectors.

Appears in 1 contract

Samples: Business Combination Agreement (DPCM Capital, Inc.)

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