Common use of Electronic Meetings Clause in Contracts

Electronic Meetings. The board may determine that a meeting of shareholders shall be held entirely by means of telephone, electronic or other communications facilities that permit all participants to communicate with each other during the meeting. A meeting of shareholders may also be held at which some, but not necessarily all, persons entitled to attend may participate by means of such communications facilities, if the board determines to make them available. A person participating in a meeting by such means is deemed to be present at the meeting.

Electronic Meetings. The board directors may determine that a meeting of shareholders shall be held entirely by means of telephonetelephonic, electronic or other communications communication facilities that permit all participants to communicate with each other adequately during the meeting. A meeting of shareholders may also be held at which some, but not necessarily all, persons entitled to attend may participate by means of such communications facilities, if the board determines directors determine to make them available. A person participating in a meeting by such means is deemed to be present at the meeting.