Common use of Meetings of Board Clause in Contracts

Meetings of Board. (a) The Board may hold its meetings at the principal office of the Company, or such other location(s) as set forth in the notice of meeting which conforms to the terms of this Agreement. (b) Except as otherwise set forth in this Agreement, meetings of the Board or a Board committee shall be held whenever called one or more Board members. Notice of the day, hour and place of holding of each meeting of the Board or any meeting of a Board committee shall be given to each Board member or committee member by email or any other method under Section 12.1, at least 72 hours before the meeting. Unless otherwise indicated in the notice thereof, any and all business may be transacted at any such meeting. At any meeting at which every Board member shall be present, even though without any notice, any business may be transacted. (c) A quorum for the transaction of business by the Board shall consist of Board Members holding 80% of the votes then serving on the Board, and a quorum for the transaction of business by a Board committee shall consist of committee members holding a majority of the votes held by the committee members then serving on such committee. If at any meeting of the Board or committee thereof, there is less than a quorum present, holders of a majority of the votes held by those present may adjourn the meeting from time to time until a quorum is present upon Notice to all Board members. (d) The Manager and any Board Member may participate in any meeting of the Board or a Board committee by means of conference telephone or similar communications equipment by means of which all persons participating in the meeting can hear each other, and such participation shall constitute presence in person at such meeting. (e) Any action required or permitted to be taken at any meeting of the Board or a committee thereof may be taken without a meeting if a consent in writing, setting forth the action so taken, is signed by Board members holding the requisite number of the votes held by the Board members then serving on the Board or such committee as such action requires. Prompt notice of the taking of an action without a meeting by less than unanimous written consent shall be given to those Board members who have not consented in writing. A Board member who does not participate in any such meeting may approve any matter by email.

Meetings of Board. (a) The Board may hold its meetings at the principal office of the Company, or such other location(s) as set forth in the notice of meeting which conforms to the terms of this Agreement. (b) Except as otherwise set forth in this Agreement, meetings of the Board or a Board committee shall be held whenever called by at least one or more Board members(1) Manager. Notice of the day, hour and place of holding of each meeting of the Board or any meeting of a Board committee shall be given to each Board member Manager or committee member by email or any other method under Section 12.1, at least 72 seventy-two (72) hours before the meeting. Unless otherwise indicated in the notice thereof, any and all business may be transacted at any such meeting. At any meeting at which every Board Manager or committee member shall be present, even though without any notice, any business may be transacted. (c) A quorum for the transaction of business by the Board shall consist of Board Members holding 80% not less than two Managers from each of the votes two Management Groups then serving on the Board, and a quorum for the transaction of business by a Board committee shall consist of committee members holding a majority of the votes held by the committee members then serving on such committee. If at any meeting of the Board or committee thereof, there is less than a quorum present, holders of a majority of the votes held by those present may adjourn the meeting from time to time until a quorum is present upon Notice to all Board memberspresent. (d) The Any Manager and any Board Member may participate in any meeting of the Board or a Board committee by means of conference telephone or similar communications equipment by means of which all persons participating in the meeting can hear each other, and such participation shall constitute presence in person at such meeting. Any Manager may participate in any meeting either in person or by proxy, or by telephone. (e) Any action required or permitted to be taken at any meeting of the Board or a committee thereof may be taken without a meeting if a consent in writing, setting forth the action so taken, is signed by Board members Managers holding the requisite number of the votes held by the Board members Managers then serving on the Board or such committee as such action requires. Prompt notice of the taking of an action without a meeting by less than unanimous written consent shall be given to those Board members Managers who have not consented in writing. A Board member Manager who does not participate in any such meeting may approve any matter by email.

Meetings of Board. (a) The Board may hold its meetings at the principal office of the Company, or such other location(s) as set forth in the notice of meeting which conforms to the terms of this Agreement. (b) Except as otherwise set forth in this Agreement, meetings of the Board or a Board committee shall be held whenever called one or more Board members. Notice of the day, hour time and place of holding of each meeting of the Board or any meeting of a Board committee Directors shall be given delivered to each Board member member, either personally (including by courier) or committee member by email telephone, telegraph or any other method under Section 12.1facsimile, at least 72 twenty-four (24) hours before the meeting. Unless otherwise indicated time at which such meeting is to be held, or shall be mailed to each Director by first-class mail, postage prepaid, addressed to it at its mailing address set forth in the records of the Company, at least three (3) days before the day on which such meeting is to be held. Attendance of a Director at a meeting shall constitute a waiver of notice thereof, any and all business may be transacted at any of such meeting, except where a Director attends a meeting for the express purpose of objecting, at the beginning of such meeting, to the transaction of any business on the ground that the meeting is not lawfully called or convened. At any meeting at which every Minutes of all meetings of the Board member shall be present, even though without any notice, any business may be transactedkept and retained in the records of the Company. (cb) A quorum for the transaction of business Any action permitted or required by the Board shall consist of Board Members holding 80% of the votes then serving on the Board, and applicable law or this Agreement to be taken at a quorum for the transaction of business by a Board committee shall consist of committee members holding a majority of the votes held by the committee members then serving on such committee. If at any meeting of the Board or committee thereofmay be taken without a meeting if a consent is in writing, there setting forth the action to be taken, is less than a quorum present, holders of a majority signed by each of the votes held by those present Directors. Such consent shall have the same force and effect as a vote at a meeting and may adjourn be stated as such in any document or instrument filed with the Secretary of State of New York, and the execution of such consent shall constitute attendance or presence in person at a meeting from time of the Board. Subject to time until a quorum is present upon Notice to all Board members. (d) The Manager and any Board Member the requirements of this Agreement for notices of special meetings, Directors may participate in any and hold a meeting of the Board or a Board committee Board, by means of a telephone conference telephone or similar communications equipment by means of which all persons Directors participating in the meeting can hear and speak to each other, and participation in such participation meeting shall constitute attendance and presence in person at such meeting, except where a Director participates in the meeting for the express purpose of objecting, at the beginning of such meeting, to the transaction of any business on the ground that the meeting is not lawfully called or convened. (ec) Any action required or permitted The Board shall be entitled to be taken at any meeting appoint the Chairman of the Board (the "CHAIRMAN"). The Chairman shall preside over all meetings of the Board and shall have such other powers, authority and responsibility ad the Board may, from time to time, delegate to such Chairman. The Chairman shall (subject to the right of the Board to designate the Chairman as provided above) be entitled to hold office until death, resignation or a committee thereof removal. The person who is serving as Chairman may be taken without a meeting if a consent in writing, setting forth the action so taken, is signed by Board members holding the requisite number of the votes held by the Board members then serving on the Board or such committee as such action requires. Prompt notice of the taking of an action without a meeting by less than unanimous written consent shall be given to those Board members who have not consented in writing. A Board member who does not participate in any such meeting may approve any matter by email.removed as