Common use of Telephonic Participation Clause in Contracts

Telephonic Participation. Directors may participate in meetings of the Board of Directors through use of conference telephone or other remote communications equipment, so long as all Directors participating in the meeting can hear and speak to each other. Such participation is equivalent to personal presence at the meeting.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Applied Nanotech Holdings, Inc), Agreement and Plan of Merger (Applied Nanotech Holdings, Inc)

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Telephonic Participation. Directors A Director may participate in meetings a meeting of the Board by any means of communication through which such Director, other Directors through use of conference telephone or other remote communications equipment, so long as participating and all Directors physically present at the meeting may simultaneously hear each other during the meeting. A Director participating in the a meeting can hear and speak by this means is deemed to each other. Such participation is equivalent to personal presence be present at the meeting, and the minutes may reflect such.

Appears in 2 contracts

Samples: Venture and Operating Agreement, License Agreement (Solazyme Inc)

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