Voting Rights; Proxies. Unless otherwise provided by law or by the Certificate of Incorporation each stockholder shall at every meeting of the stockholders be entitled to one vote in person or by proxy for each share of the capital stock having voting power held by such stockholder, but no proxy shall be voted on after three (3) years from its date, unless the proxy provides for a longer period. Each proxy shall be revocable unless expressly provided therein to be irrevocable or unless otherwise made irrevocable by law. The notice of every meeting of the stockholders may be accompanied by a form of proxy approved by the Board of Directors in favor of such person or persons as the Board of Directors may select.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Community Bankers Acquisition Corp.), Agreement and Plan of Merger (Community Bankers Acquisition Corp.), Agreement and Plan of Merger (Transcommunity Financial Corp)
