Manager Participation by Remote Communication Clause Samples

Manager Participation by Remote Communication. A regular or special Board of Managers’ meeting may be held solely by any combination of means of remote communication through which all Managers may participate with each other in the meeting, if notice of the meeting is given to every Manager as would be required for a meeting, and if the number of Managers participating in the meeting would be sufficient to constitute a quorum. Participation by a Manager through remote communication constitutes presence at the meeting. For purposes of this paragraph 11(m), the term “remote communication” shall mean communication via electronic transmission (as such term is defined in paragraph 11(o) below), conference telephone, video conference, the internet, or such other means by which persons not physically present in the same location may communicate with each other on a substantially simultaneous basis. In addition to meetings held solely through means of remote communication, a Manager not physically present at a regular or special Board of Managers’ meeting may participate in a meeting held in a designated place by means of remote communication through which the Manager, other Managers so participating, and all Managers physically present at the meeting may participate with each other during the meeting. A Manager’s participation by such means constitutes presence at the meeting.