Frequency and Location of Board Meetings. (a) Regular meetings of the Board shall be convened on a monthly basis during the first year following the Company Establishment Date and, thereafter shall be convened on a quarterly basis. Meetings shall be held in a location approved by a majority of the directors, and convened and presided over as provided in the Charter Documents. Special meetings of the Board shall be held in a location approved by a majority of the directors, and convened by the Chairman at any time on his own motion or on the motion of any two directors. (b) The reasonable costs of attendance of directors at Board meetings shall be borne by the Company.
Appears in 3 contracts
Sources: Joint Venture Agreement (Video River Networks, Inc.), Joint Venture Agreement, Joint Venture Agreement (Weight Watchers International Inc)