Common use of Proxy Votes Clause in Contracts

Proxy Votes. Election of Our Board of Directors and certain significant corporate transactions are determined by a majority vote of Our policyholders, unless a different vote is required by law or Our Articles of Incorporation or Bylaws. A policyholder designates, by means of the application for coverage, the Members of Our Board of Directors as his proxy to vote on these important matters. Payment of each premium extends the proxy’s effectiveness unless revoked by the policyholder. This proxy may be revoked by the policyholder by giving written notice of the revocation. This revocation may be in any form of writing either revoking the proxy or designating a different proxy and must be sent to Us at: Blue Cross and Blue Shield of Louisiana

Proxy Votes. Election of Our Board of Directors and certain significant corporate transactions are determined by a majority vote of Our policyholders, unless a different vote is required by law or Our Articles of Incorporation or Bylaws. A policyholder designates, by means of the application for coverage, the Members members of Our Board of Directors as his proxy to vote on these important matters. Payment of each premium extends the proxy’s effectiveness unless revoked by the policyholder. This proxy may be revoked by the policyholder by giving written notice not ice of the revocation. This revocation may be in any form of writing either revoking the proxy or designating a different proxy and must be sent to Us at: Blue Cross and Blue Shield of Louisianaat P.O. Box 98029, Baton Rouge, Louisiana 70898-9029. In lieu of