Common use of Proxy Votes Clause in Contracts

Proxy Votes. Election of the Board of Directors of the Plan and certain significant corporate transactions are determined by majority vote of its policyholders, unless a different vote is required by law or the Plan’s Articles of Incorporation or Bylaws. A policyholder designates, by means of the application for coverage, the Subscribers of the Board of Directors of the Plan 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 P.O. Box 98029 Baton Rouge, Louisiana 70898-9029. In lieu of giving his proxy on the application for coverage, the policyholder may designate any other policyholder as his proxy by any form of writing which includes the policyholder’s name and Benefit Plan number, sent to the Plan as indicated above. Notice of meetings to the proxy constitutes notice to the policyholders giving their proxies. Further, notice is hereby given that the annual meeting of the Plan is held in the month of February with notice of the date of that meeting being given as required by law and the articles and bylaws of the Louisiana Health and Service Indemnity Company. However, additional notice of meetings will be sent to any policyholder or his proxy upon his written request for such notice directed to Our secretary.

Appears in 2 contracts

Samples: Student Group Health Insurance Benefit Plan, Student Group Health Insurance Benefit Plan

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Proxy Votes. Election of the Our Board of Directors of the Plan and certain significant corporate transactions are determined by a majority vote of its Our policyholders, unless a different vote is required by law or the Plan’s Our Articles of Incorporation or Bylaws. A policyholder designates, by means of the application for coverage, the Subscribers Members of the Our Board of Directors of the Plan 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 P.O. Box 98029 Baton Rouge, Louisiana 70898-9029. 9029 In lieu of giving his proxy on in the application for coverage, the policyholder may designate any other policyholder as his proxy by any form of writing which includes the policyholder’s name and Benefit Plan policy number, sent to the Plan Us as indicated above. Notice of meetings to the proxy constitutes notice to the policyholders giving their proxies. Further, notice is hereby given that the Our annual meeting of the Plan is held in the month of February with notice of the date of that meeting being given as required by law and the articles and bylaws of the Louisiana Health and Service Indemnity Company. However, additional notice of meetings will be sent to any policyholder or his proxy upon his written request for such notice directed to Our secretary.

Appears in 1 contract

Samples: Limited Benefit Contract

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Proxy Votes. Election of the Our Board of Directors of the Plan and certain significant corporate transactions are determined by a majority vote of its Our policyholders, unless a different vote is required by law or the Plan’s Our Articles of Incorporation or Bylaws. A policyholder designates, by means of the application for coverage, the Subscribers members of the Our Board of Directors of the Plan 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 P.O. Box 98029 Baton Rouge, Louisiana 70898-9029. 9029 In lieu of giving his proxy on in the application for coverage, the policyholder may designate any other policyholder as his proxy by any form of writing which includes the policyholder’s name and Benefit Plan policy number, sent to the Plan Us as indicated above. Notice of meetings to the proxy constitutes notice to the policyholders giving their proxies. Further, notice is hereby given that the Our annual meeting of the Plan is held in the month of February with notice of the date of that meeting being given as required by law and the articles and bylaws of the Louisiana Health and Service Indemnity Company. However, additional notice of meetings will be sent to any policyholder or his proxy upon his written request for such notice directed to Our secretary.

Appears in 1 contract

Samples: Group Limited Vision Benefit Contract

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