Quorum for Shareholders’ Meetings. The quorum for shareholders' meetings of the company shall be all shareholders, provided that if, within 15 (fifteen) minutes from the time appointed for a meeting, a quorum is not present, the meeting shall stand adjourned to the same day in the next week, at the same time and place or, if that day be a public holiday, a Saturday or a Sunday, to the next succeeding day other than a public holiday, a Saturday or a Sunday and if, at such adjourned meeting, a quorum is not present within 15 (fifteen) minutes from the time appointed for the meeting, the shareholder/s then present in person or by proxy shall be a quorum.
Appears in 2 contracts
Samples: Shareholders Agreement, Shareholders Agreement
Quorum for Shareholders’ Meetings. The quorum for shareholders' meetings of the company shall be all both shareholders, provided that if, within 15 30 (fifteenthirty) minutes from the time appointed for a meeting, a quorum is not present, the meeting shall stand adjourned to the same day in the next week, at the same time and place or, if that day be a public holiday, a Saturday or a Sunday, to the next succeeding day other than a public holiday, a Saturday or a Sunday and if, at such adjourned meeting, a quorum is not present within 15 30 (fifteenthirty) minutes from the time appointed for the meeting, the shareholder/s then present in person or by proxy shall be a quorum.
Appears in 1 contract
Samples: Shareholders Agreement
Quorum for Shareholders’ Meetings. The quorum for shareholders' ’ meetings of the company Company shall be all shareholders, provided the Odyssey present in person or by proxy: Provided that if, within 15 30 (fifteenTHIRTY) minutes from the time appointed for a meeting, a quorum is not present, the meeting shall stand adjourned to the same day in the next week, at the same time and place or, if that day be a public holiday, a Saturday or a Sunday, to the next succeeding day other than a Saturday, Sunday or public holiday, a Saturday or a Sunday holiday and if, at such adjourned meeting, a quorum is not present within 15 30 (fifteenTHIRTY) minutes from the time appointed for the meeting, the shareholder/s Shareholders then present in person or by proxy shall be a quorum.
Appears in 1 contract
Samples: Agreement (Odyssey Oil & Gas, Inc.)