Common use of Quorum Requirements Clause in Contracts

Quorum Requirements. The presence of a majority of Directors then in office shall constitute a quorum. If a quorum is not achieved at any duly called meeting, such meeting may be postponed to a time no earlier than 24 hours after written notice of such postponement has been given to the Directors.

Appears in 3 contracts

Samples: Stockholder Rights Agreement, Stockholder Rights Agreement (Eco-Stim Energy Solutions, Inc.), Stockholder Rights Agreement (Eco-Stim Energy Solutions, Inc.)

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Quorum Requirements. The presence of a majority of Directors Directors, including at least one Investor Director, then in office shall constitute a quorum. If a quorum is not achieved at any duly called meeting, such meeting may be postponed to a time no earlier than 24 48 hours after written notice of such postponement has been given to the Directors.

Appears in 1 contract

Samples: Shareholder Agreements (Pan Global, Corp.)

Quorum Requirements. The presence of a majority of Directors then in office shall constitute a quorum. If a quorum is not achieved at any duly called meeting, such meeting may be postponed to a time no earlier than 24 forty-eight (48) hours after written notice of such postponement has been given to the Directors.

Appears in 1 contract

Samples: Stockholders Agreement (Creatd, Inc.)

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Quorum Requirements. The presence of a majority of Directors then in office shall constitute a quorum. If a quorum is not achieved at any duly called meeting, such meeting may be postponed to a time no earlier than 24 48 hours after written notice of such postponement has been given to the Directors.

Appears in 1 contract

Samples: Stockholders Agreement (United Express Inc.)

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