Common use of Organization; Conduct of Business Clause in Contracts

Organization; Conduct of Business. Such person as the Board of Directors may have designated or, in the absence of such a person, the chief executive officer, or in his or her absence, the president or, in his or her absence, such person as may be chosen by the holders of a majority of the shares entitled to vote who are present, in person or by proxy, shall call to order any meeting of the stockholders and act as chairperson of the meeting. In the absence of the secretary of the corporation, the secretary of the meeting shall be such person as the chairperson of the meeting appoints. The chairperson of any meeting of stockholders shall determine the order of business and the procedure at the meeting, including the manner of voting and the conduct of business. The date and time of opening and closing of the polls for each matter upon which the stockholders will vote at the meeting shall be announced at the meeting.

Appears in 4 contracts

Samples: Merger Agreement (B. Riley Principal 150 Merger Corp.), Merger Agreement (AvidXchange Holdings, Inc.), Bylaws

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Organization; Conduct of Business. (a) Such person as the Board of Directors may have designated or, in the absence of such a person, the chief executive officer, or in his or her absence, Chief Executive Officer of the president Corporation or, in his or her absence, such person as may be chosen by the holders of a majority of the shares entitled to vote who are present, in person or by proxy, shall call to order any meeting of the stockholders and act as chairperson Chairman of the meeting. In the absence of the secretary Secretary of the corporationCorporation, the secretary Secretary of the meeting shall be such person as the chairperson Chairman of the meeting appoints. . (b) The chairperson Chairman of any meeting of stockholders shall determine the order of business and the procedure at the meeting, including the manner of voting and the conduct of business. The date and time of opening and closing of the polls for for, each matter upon which the stockholders will vote at the meeting shall be announced at the meeting.

Appears in 1 contract

Samples: Merger Agreement (Alliance MMA, Inc.)

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