Remote Communication. For the purposes of this Agreement, if authorized by the Board of Directors and subject to such guidelines and procedures as the Board of Directors may adopt, Partners and proxyholders may, by means of remote communication: (1) participate in a meeting of Partners; and (2) be deemed present in person and vote at a meeting of Partners, whether such meeting is to be held at a designated place or solely by means of remote communication; provided, however, that (i) the Partnership shall implement reasonable measures to verify that each Person deemed present and permitted to vote at the meeting by means of remote communication is a Partner or proxyholder, (ii) the Partnership shall implement reasonable measures to provide such Partners and proxyholders a reasonable opportunity to participate in the meeting and to vote on matters submitted to the Partners, including an opportunity to read or hear the proceedings of the meeting substantially concurrently with such proceedings, and (iii) if any Partner or proxyholder votes or takes other action at the meeting by means of remote communication, a record of such vote or other action shall be maintained by the Partnership.
Appears in 1 contract
Sources: Limited Partnership Agreement (Tiptree Financial Partners, L.P.)
Remote Communication. For the purposes of this Agreement, if authorized by the Board of Directors and subject to such guidelines and procedures as the Board of Directors may adopt, Partners and proxyholders may, by means of remote communication:
(1) participate in a meeting of Partners; and
(2) be deemed present in person and vote at a meeting of Partners, whether such meeting is to be held at a designated place or solely by means of remote communication; , provided, however, that (i) the Partnership shall implement reasonable measures to verify that each Person deemed present and permitted to vote at the meeting by means of remote communication is a Partner or proxyholder, (ii) the Partnership shall implement reasonable measures to provide such Partners and proxyholders a reasonable opportunity to participate in the meeting and to vote on matters submitted to the Partners, including an opportunity to read or hear the proceedings of the meeting substantially concurrently with such proceedings, and (iii) if any Partner or proxyholder votes or takes other action at the meeting by means of remote communication, a record of such vote or other action shall be maintained by the Partnership.
Appears in 1 contract
Sources: Limited Partnership Agreement (Highland Financial Partners, L.P.)