Common use of Presence at Meetings Clause in Contracts

Presence at Meetings. The Trustee shall ensure, with respect to the shares of Capital Stock held in the Voting Trust hereunder, that such shares of Capital Stock are counted as being present for the purposes of any quorum required for stockholder action of the Company and to vote, assent or consent as set forth in this Article IV so long as the Trustee has reasonable notice of the time to vote, assent or consent (and the Trustee shall be deemed to have reasonable notice if it shall receive notice within the time periods under the applicable provisions of the Delaware General Corporation Law).

Appears in 5 contracts

Samples: Voting Trust Agreement (Missouri Foundation for Health), Voting Trust Agreement (Wellpoint Health Networks Inc /De/), Settlement Agreement (Rightchoice Managed Care Inc)

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Presence at Meetings. The Trustee shall ensure, with respect to the shares of Capital Stock held in the Voting Trust hereunderall Fund Restricted Shares, that such shares of Capital Stock are counted as being present for the purposes of any quorum required for stockholder action of the Company and to vote, assent vote or consent such shares as set forth in this Article ARTICLE IV so long as the Trustee has reasonable notice of the time to vote, assent vote or consent (and the Trustee shall be deemed to have reasonable notice if it shall receive notice within the time periods under the applicable provisions of the Delaware General Corporation Law).

Appears in 2 contracts

Samples: Voting Trust and Divestiture Agreement (Wellchoice Inc), Voting Trust and Divestiture Agreement (Wellchoice Inc)

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