Meeting of the Shareholders of the Company Clause Samples
The 'Meeting of the Shareholders of the Company' clause defines the procedures and requirements for convening and conducting meetings where shareholders gather to discuss and decide on important company matters. It typically outlines how meetings are called, the notice period required, quorum requirements, and the manner in which votes are cast and recorded. By establishing clear rules for shareholder meetings, this clause ensures orderly decision-making, promotes transparency, and helps prevent disputes regarding the validity of corporate actions.
Meeting of the Shareholders of the Company. Upon the calling of the meeting of the Shareholders of the Company under Clause 3.2, or circulation of the Shareholders’ written resolutions (as the case may be), the Shareholders shall give consents to short notice in respect of such meeting and shall attend and vote thereat in favour of resolutions (in such form as shall have been previously approved by the Shareholders) or promptly execute the Shareholders’ written resolutions (as applicable):
3.3.1 adopting the Memorandum and Articles in substitution for the existing memorandum and articles of association of the Company; and
3.3.2 approving the changes (if any) to the ‘X’ Directors, the removal of the ‘Y’ Directors nominated by SES S.A. or SES Global Holding AG and the appointment of the ‘Y’ Directors and the Company secretary (if any) as set out in Clauses 5.2.3, 5.2.4 and 5.9.2 respectively.
Meeting of the Shareholders of the Company. (a) As promptly as practicable after the date hereof, the Company shall take all action necessary in accordance with New Jersey Law and its Certificate of Incorporation and By-Laws to convene a meeting of its shareholders (the "Meeting") promptly to consider and vote upon the approval of the Merger, the Transactions and the adoption of this Merger Agreement unless the Board shall have properly exercised its rights set forth in Section 5.4(b). The Board will recommend that the shareholders of the Company vote to adopt and approve the Merger and the Transactions and adopt this Merger Agreement and the Board shall not withdraw or modify such recommendation, and the Company shall use its best efforts to solicit from shareholders of the Company proxies in favor of such adoption and approval and shall take all other action necessary or advisable to secure the vote and consent of such shareholders required by New Jersey Law unless, in any such case, the Board shall have properly exercised its rights set forth in Section 5.4(b). At any such meeting, the Parent shall vote, or cause to be voted, all of the Shares then owned by the Parent or any subsidiary of the Parent in favor of the Merger.
Meeting of the Shareholders of the Company. The Sellers shall cause to be duly held a meeting of the shareholders of the Company to approve the transfer of the Shares to the Purchaser pursuant to this Agreement, and to supply, subject to Completion, duly signed minutes of such meeting to the Purchaser.