PROCEEDINGS OF DIRECTORS. The quorum for the transaction of the business of the Directors may be fixed by the Directors, and unless so fixed shall be two if there are two or more Directors, and shall be one if there is only one Director. A person who holds office as an alternate Director shall, if his appointor is not present, be counted in the quorum. A Director who also acts as an alternate Director shall, if his appointor is not present, count twice towards the quorum.
Appears in 3 contracts
Sources: Merger Agreement (Hennessy Capital Acquisition Corp IV), Merger Agreement (Sonus Networks Inc), Merger Agreement (VanceInfo Technologies Inc.)
PROCEEDINGS OF DIRECTORS. The quorum for the transaction of the business of the Directors may be fixed by the Directors, and unless so fixed shall be two if there are two or more Directors, and shall be one if there is only one Director. A person who holds office as an alternate Alternate Director shall, if his appointor is not present, be counted in the quorum. A Director who also acts as an alternate Alternate Director shall, if his appointor is not present, count twice towards the quorum.
Appears in 2 contracts
Sources: Merger Agreement (CF Acquisition Corp. V), Business Combination Agreement (Queen's Gambit Growth Capital)
PROCEEDINGS OF DIRECTORS. 95 The quorum for the transaction of the business of the Directors may be fixed by the Directors, and unless so fixed shall be two if there are two or more Directors, and shall be one if there is only one Directorfour (4). A person who holds office as an alternate Director shall, if his appointor is not present, be counted in the quorum. A Director who also acts as an alternate Director shall, if his appointor is not present, count twice towards the quorum.
Appears in 1 contract
Sources: Share Subscription Agreement (Qihoo 360 Technology Co LTD)