Common use of Remote Communication Clause in Contracts

Remote Communication. The Board of Directors may authorize shareholders to participate in a meeting of shareholders by means of remote communication, subject to the conditions imposed by applicable law and any guidelines and procedures adopted by the Board of Directors. At any meeting in which shareholders can participate by means of remote communication, the Corporation shall implement reasonable measures to: (a) verify that each person participating as a shareholder or proxy holder remotely is a shareholder or proxy holder; and (b) provide such shareholders a reasonable opportunity to participate in the meeting and to vote on matters submitted to the shareholders, including an opportunity to communicate, and to read or hear the proceedings of the meeting, substantially concurrently with such proceedings.

Appears in 3 contracts

Sources: Merger Agreement (Gulf Island Fabrication Inc), Merger Agreement (Gulf Island Fabrication Inc), Merger Agreement (IES Holdings, Inc.)