Board of Director Meetings. As long as the Stockholder owns not less than ten percent (10%) of the total number of outstanding shares of Common Stock of the Company, (A) the Company shall, to the extent that the Stockholder does not then have a representative as a member of the Board of Directors of the Company, invite a representative of the Stockholder to attend all meetings of its Board of Directors in a nonvoting observer capacity and, in this respect, shall give such representative copies of all notices, minutes, consents, and other materials that it provides to its directors at the same time as provided to its directors; provided, however, that such representative and the Stockholder shall agree to hold in confidence and trust and to act in a fiduciary manner for the benefit of the stockholders of the Company with respect to all information so provided, and (B) upon receipt of the agenda for a meeting of the Board of Directors of the Company or at any other time, the Stockholder may submit to the Company for discussion and consideration at the next subsequent meeting of the Board of Directors such matters as the Stockholder in its sole discretion shall determine. Notwithstanding the foregoing, the Company may exclude the Stockholder or its representatives from any deliberation of the Board of Directors if the Chairman of the Board of Directors delivers, prior to the date of such deliberation, a letter to the Stockholder stating that legal counsel to the Company has advised the Board of Directors that such exclusion is necessary to preserve attorney client privilege.
Board of Director Meetings. The Company shall use its best -------------------------- efforts to ensure that meetings of its Board of Directors are held at least four times each year and at least once each quarter.
Board of Director Meetings. The Company will annually hold at least six Board of Director meetings, unless the Board of Directors in its reasonable discretion, changes the number of meetings required. In advance of each Board of Director meeting, the Company’s management will prepare an update on the Company, including key metrics to measure the Company performance.
Board of Director Meetings. The Board of Directors shall hold annual meetings on a date and time that all Directors can attend after July 1st but no later than July 31st. Special meetings of the Board of Directors, for any purpose or purposes, unless otherwise prescribed by statute, can be called at the request of any Director. Members who were Directors at the time of the previous Annual Meeting of the Club may attend the annual meeting as advisors but will not be able to vote. Other than this, only current Directors are able attend Board of Director meetings but the Board of Directors will keep a complete record of votes and decisions made by the Board of Directors and will make them available upon request to any Regular Members or on a member only section of the Club website.
Board of Director Meetings. It is agreed and understood that prior to final board action on any matter referred to a board committee, the board will fully disclose either verbally or in the text of a resolution, at the discretion of the board, the substance of committee consideration of the matter, except for any of the above- referenced confidential matters. The parties further agree that the board’s executive committee has authority to take action on behalf of CPGH, Inc. in between regular Board meetings to the extent allowed by law and CPGH, Inc.’s Bylaws. All such final actions that are not required or permitted to be kept confidential shall be disclosed to the board in a public meeting of the board.
Board of Director Meetings. The Company shall ensure that meetings of its Board of Directors are held not less than quarterly, and subject to receipt of expense reports containing such detail as the Company may reasonably request, shall reimburse Directors for their reasonable travel expenses, including without limitation, the cost of air fare and any necessary meals and lodging, incurred in connection with attending meetings of the Board of Directors or performing such other business as and if required on behalf of the Company.
Board of Director Meetings. Colonial agrees that a representative of Sovereign shall be permitted to attend: (i) all meetings of the Board of Directors of Colonial, (ii) all meetings of the executive committee of the Board of Directors of Colonial, and (iii) all senior management level meetings of Colonial involving policy matters or significant business decisions; provided, however, that Sovereign acknowledges that its representative will be asked to leave any meeting during any discussion of matters relating to this Agreement. Colonial agrees to provide Sovereign with at least 48 hour's advance written or oral notice of any such meeting, except that in the case of an emergency meeting, Colonial shall provide the same notice to Sovereign as it provides to its own directors and/or officers.
Board of Director Meetings. At the request of the Company, the Consultant will attend Board meetings either in person or telephonically in order to advise them of developments and progress in respect to his duties and obligations under this Agreement, or provide expertise and background information on topics as requested by the Board.
Board of Director Meetings. The Company shall use its best efforts to ensure that meetings of its Board of Directors are held at least once each quarter. The Company shall permit the NBIC Holders to have one representative in addition to the NBIC Director (who need not be the same person each meeting) attend each meeting of the Board of Directors of the
Board of Director Meetings. Borrowers shall provide Holder with reasonable prior notice of all meetings (including telephonic meetings) of the boards of directors of Borrowers, and permit an authorized representative of Holder to attend and observe all such meetings; provided, however, the Holder’s representative shall not be permitted to attend meetings of executive committees of the boards of directors held to discuss matters that the boards of directors have determined in good faith are required to be kept confidential for the protection of the Borrowers’ operations.
