Common use of Meetings by Remote Communication Clause in Contracts

Meetings by Remote Communication. The Trustees may, in their sole discretion, determine that a meeting of Shareholders may be held solely by means of remote communication. If authorized by the Trustees, in their sole discretion, and subject to such guidelines and procedures as the Trustees may adopt, Shareholders and proxyholders not physically present at a meeting of Shareholders may, by means of remote communication: (a) participate in a meeting of Shareholders; and (b) be deemed present in person and vote at a meeting of Shareholders whether such meeting is to be held at a designated place or solely by means of remote communication, provided that: (i) the Trust shall implement such measures as the Trustees deem to be reasonable (A) to verify that each person deemed present and permitted to vote at the meeting by means of remote communication is a Shareholder or proxyholder; and (B) to provide such Shareholders and proxyholders a reasonable opportunity to participate in the meeting and to vote on matters submitted to the Shareholders; and (ii) if any Shareholder or proxyholder votes or takes other action at the meeting by means of remote communication, a record of such vote or other action shall be maintained by the Trust.

Meetings by Remote Communication. The Trustees mayUnless otherwise provided in the Articles of Organization, in their sole discretion, determine that a if authorized by the Directors: any annual or special meeting of Shareholders shareholders need not be held at any place but may instead be held solely by means of remote communication. If authorized by the Trustees, in their sole discretion, and subject Subject to such guidelines and procedures as the Trustees Board of Directors may adopt, Shareholders shareholders and proxyholders not physically present at a meeting of Shareholders shareholders may, by means of remote communicationcommunications: (a) participate in a meeting of Shareholdersshareholders; and (b) be deemed present in person and vote at a meeting of Shareholders shareholders whether such meeting is to be held at a designated place or solely by means of remote communication, provided that: (i) the Trust Corporation shall implement such reasonable measures as the Trustees deem to be reasonable (A) to verify that each person deemed present and permitted to vote at the meeting by means of remote communication is a Shareholder shareholder or proxyholder; and (Bii) the Corporation shall implement reasonable measures to provide such Shareholders shareholders and proxyholders a reasonable opportunity to participate in the meeting and to vote on matters submitted to the Shareholdersshareholders, including an opportunity to read or hear the proceedings of the meeting substantially concurrently with such proceedings; and (iiiii) if any Shareholder shareholder or proxyholder votes or takes other action at the meeting by means of remote communication, a record of such vote or other action shall be maintained by the TrustCorporation.