Common use of Voting at Meetings Clause in Contracts

Voting at Meetings. 28. (1) Each Member who is the owner of an “A” share shall have at any meeting of the Company one (1) vote for each ten thousand dollars ($10,000) paid for the share or shares of “A” stock held by it, together with an additional vote in respect of each full ten thousand dollars ($10,000) allocated to it of Cumulative Allocable Premium as defined in Exhibit E to the Agreement; 1 On July 22, 2020 the Board of Directors resolved that effective January 1, 2021 the record date shall be February 1. provided, however, that no Member will be allowed votes, including, at the discretion of the Board of Directors, votes attributed to such “Member” under the attribution rules of Section 958 of the United States Internal Revenue Code, which represent more than nine and a half percent (9.5%) of the total voting power. This limitation shall apply only so long as there are more than eleven

Voting at Meetings. 28. (1) Each Member who is the owner of an “A” share shall have at any meeting of the Company one (1) vote for each ten thousand dollars ($10,000) paid for the share or shares of “A” stock held by it, together with an additional vote in respect of each full ten thousand dollars ($10,000) allocated charged to it of Cumulative Allocable Premium as defined in Exhibit E to the Agreement; provided, 1 On July 22, 2020 the Board of Directors resolved that effective January 1, 2021 the record date shall be February 1. provided, however, that no Member will be allowed votes, including, at the discretion of the Board of Directors, votes attributed to such “Member” under the attribution rules of Section 958 of the United States Internal Revenue Code, which represent more than nine and a half percent (9.5%) of the total voting power. This limitation shall apply only so long as there are more than eleven

Voting at Meetings. 28. (1) Each Member who is the owner of an “A” share shall have at any meeting of the Company one (1) vote for each ten thousand dollars ($10,000) paid for the share or shares of “A” stock held by it, together with an additional vote in respect of each full ten thousand dollars ($10,000) allocated to it of Cumulative Allocable Premium as defined in Exhibit E D to the Agreement; 1 On July 22, 2020 the Board of Directors resolved that effective January 1, 2021 the record date shall be February 1. provided, however, that no Member will be allowed votes, including, at the discretion of the Board of Directors, votes attributed to such “Member” under the attribution rules of Section 958 of the United States Internal Revenue Code, which represent more than nine and a half percent (9.5%) of the total voting power. This limitation shall apply only so long as there are more than eleven