Common use of Meeting of the Board of Directors Clause in Contracts

Meeting of the Board of Directors. The Board of Directors of the Company may hold meetings, both regular and special, within or outside the Commonwealth of Pennsylvania. Regular meetings of the Board may be held without notice at such time and at such place as shall from time to time be determined by the Board, provided that the Board of Directors shall have previously distributed to each Director an annual schedule of regular meetings. Special meetings of the Board may be called by the Chief Executive Officer or President on not less than one day's notice to each Director by telephone, facsimile, mail, telegram or any other means of communication, and special meetings shall be called by the Chief Executive Officer, President or Secretary in like manner and with like notice upon the written request of any one or more of the Directors.

Meeting of the Board of Directors. The Board of Directors of the Company may hold meetings, both regular and special, within or outside the Commonwealth of Pennsylvania. Regular meetings of the Board may be held without notice at such time and at such place as shall from time to time be determined by the Board, provided that the Board of Directors shall have previously distributed to each Director an annual schedule of regular meetings. Special meetings of the Board may be called by the Chief Executive Officer or President on not less than one day's notice to each Director by telephone, facsimile, mail, telegram or any other means of communication, and special meetings shall be called by the Chief Executive Officer, President or Secretary in like manner and with like notice upon the written request of any one or more of the Directors.