Quorum clause: Copy, customize, and use instantly
Introduction
A quorum clause establishes the minimum number of participants or members required to be present in order for a meeting or decision-making process to be valid and binding. It ensures that decisions are made with adequate participation and that all parties are represented, providing a framework for legitimacy and accountability.
Below are templates for quorum clauses tailored to different scenarios. Copy, customize, and insert them into your agreement.
Quorum for shareholder meetings
This variation applies to setting the quorum for shareholder meetings.
A quorum for any meeting of the shareholders of the Company shall consist of shareholders holding at least [percentage] of the outstanding shares entitled to vote, present in person or by proxy. If such quorum is not present, the meeting shall be adjourned to a later date as determined by the chairman.
Quorum for board of directors meetings
This variation applies to setting the quorum for board of directors meetings.
A quorum for any meeting of the Board of Directors shall consist of a majority of the total number of directors then in office, present in person or by proxy. In the event a quorum is not present, the meeting shall be adjourned to a time and date specified by the chairman.
Quorum for committee meetings
This variation applies to setting the quorum for committee meetings.
A quorum for any committee meeting shall consist of at least [percentage] of the members of the committee, present in person or by proxy. If the quorum is not met, the meeting shall not proceed, and no decisions may be made until a quorum is established at a rescheduled meeting.
Quorum for general meetings
This variation applies to setting the quorum for general meetings.
A quorum for any general meeting of the members of the organization shall consist of at least [number or percentage] of the total membership, present in person or by proxy. If the quorum is not achieved within [time frame], the meeting shall be adjourned to a later time.
Quorum for extraordinary meetings
This variation applies to setting the quorum for extraordinary meetings.
A quorum for any extraordinary meeting shall consist of [percentage] of the voting members, present in person or by proxy. If a quorum is not established, the meeting shall be adjourned for a period not exceeding [time frame], and any business transacted without a quorum shall be void.
Quorum for annual meetings
This variation applies to setting the quorum for annual meetings.
A quorum for the annual meeting of the members shall consist of [number or percentage] of the members entitled to vote, present in person or by proxy. If a quorum is not established within [time frame] of the meeting's scheduled start, the meeting shall be rescheduled to a later date.
Quorum for meetings involving voting rights
This variation applies to setting the quorum for meetings involving voting rights.
A quorum for any meeting where voting on proposals or resolutions is to occur shall require the presence of shareholders or members holding at least [percentage] of the total voting rights. In the absence of a quorum, no votes may be cast or recorded, and the meeting shall be adjourned.
Quorum for special meetings
This variation applies to setting the quorum for special meetings.
A quorum for any special meeting shall consist of a majority of the members entitled to vote, either in person or by proxy. If a quorum is not present, the meeting may be adjourned until a quorum is achieved or a new meeting is called.
Quorum for unanimous written consent
This variation applies to setting the quorum for unanimous written consent in lieu of a meeting.
The quorum for unanimous written consent in lieu of a meeting of the board or members shall require the written consent of all eligible voting members or directors. No action may be taken without the unanimous written approval of all parties.
Quorum for decision-making in joint ventures
This variation applies to setting the quorum for decision-making in joint venture agreements.
A quorum for any decision-making meeting or vote related to the joint venture shall consist of [number or percentage] of the total joint venture partners. If a quorum is not present, the meeting shall be adjourned, and no binding decisions may be made.
Quorum for partnership meetings
This variation applies to setting the quorum for partnership meetings.
A quorum for any partnership meeting shall consist of at least [percentage] of the total partnership interests, represented in person or by proxy. If a quorum is not met, the meeting shall be adjourned, and no official business may be conducted until a quorum is present.
Quorum for electronic meetings
This variation applies to setting the quorum for meetings held electronically.
A quorum for any electronic meeting shall consist of at least [percentage] of the total number of members entitled to vote, who are either present via electronic communication or represented by proxy. If the quorum is not met, the meeting shall be adjourned to another date and time.
Quorum for meetings with remote participation
This variation applies to setting the quorum for meetings with remote participation.
A quorum for any meeting with remote participation shall require at least [percentage] of the members, either attending in person or via teleconference, video conference, or other electronic means. In the absence of a quorum, no binding actions may be taken.
Quorum for special voting arrangements
This variation applies to setting the quorum for special voting arrangements.
A quorum for any meeting involving special voting arrangements shall consist of [number or percentage] of the total voting rights, and any decision made without this quorum shall be invalid unless specifically agreed upon by the quorum present.
Quorum for shareholder approval
This variation applies to setting the quorum for shareholder approval meetings.
A quorum for any shareholder approval meeting shall consist of the holders of at least [percentage] of the total outstanding shares entitled to vote. If a quorum is not present, the meeting may be adjourned, and the resolutions to be voted on will be rescheduled.
Quorum for emergency meetings
This variation applies to setting the quorum for emergency meetings.
A quorum for any emergency meeting of the board or members shall consist of at least [number] of the total members or directors. In the absence of a quorum, no actions may be taken unless the meeting is reconvened with a quorum present.
Quorum for board of directors' meetings
A quorum for any board of directors' meeting shall consist of at least a majority of the directors then in office. If a quorum is not present, the meeting shall be adjourned to a time specified by the chairperson.
Quorum for shareholder voting
A quorum for any shareholder voting shall require the presence of shareholders holding at least [percentage] of the outstanding shares entitled to vote, either in person or by proxy. If a quorum is not achieved, the meeting shall be adjourned and rescheduled.
Quorum for partnership decisions
A quorum for any partnership meeting shall consist of [number] of the total partners, represented in person or by proxy. No business shall be transacted unless a quorum is present.
Quorum for member meetings
A quorum for any member meeting shall consist of [percentage] of the total membership, present in person or by proxy. In the absence of a quorum, the meeting shall be adjourned and reconvened at a later date.
Quorum for meetings of a limited liability company (LLC)
A quorum for any LLC meeting shall consist of members holding at least [percentage] of the LLC's membership interests. If a quorum is not established, the meeting shall be rescheduled to another time and place.
Quorum for committee meetings
A quorum for any committee meeting shall consist of a majority of the members of the committee, present in person or by proxy. No decisions shall be made unless a quorum is present.
Quorum for meetings involving votes on resolutions
A quorum for any meeting where resolutions are to be voted on shall require the presence of shareholders or members holding at least [percentage] of the voting rights. If no quorum is present, the meeting shall be adjourned.
Quorum for general business meetings
A quorum for any general business meeting shall consist of at least [number] of the voting members present, either in person or by proxy. If the quorum is not met, the meeting shall not proceed, and the business shall be postponed.
Quorum for executive meetings
A quorum for any executive meeting shall consist of a minimum of [percentage] of the total executive board members, either in person or by proxy. No decisions will be valid unless a quorum is reached.
Quorum for decision-making in joint ventures
A quorum for any decision-making meeting of the joint venture shall consist of at least [percentage] of the joint venture partners present in person or by proxy. Without a quorum, no binding decisions may be made.
Quorum for emergency meetings
A quorum for any emergency meeting shall consist of [number] of the total members or directors, present in person or by proxy. If a quorum is not reached, the meeting shall be rescheduled at the earliest convenience.
Quorum for virtual meetings
A quorum for any virtual meeting shall consist of [percentage] of the participants being present via electronic communication means. If a quorum is not met, the meeting shall be rescheduled.
Quorum for advisory board meetings
A quorum for any advisory board meeting shall consist of at least [number] of the total members. If no quorum is present, the meeting shall be adjourned, and the business will be rescheduled.
Quorum for annual meetings of members
A quorum for the annual meeting of members shall consist of at least [percentage] of the membership, present in person or by proxy. Without a quorum, no business shall be transacted, and the meeting will be rescheduled.
Quorum for decision-making in multilateral agreements
A quorum for any decision-making meeting involving multilateral agreements shall consist of at least [percentage] of the signatory parties present. If a quorum is not established, the meeting shall be adjourned, and no decisions will be made.
Quorum for meetings involving changes to the organizational structure
A quorum for any meeting involving changes to the organizational structure shall require the presence of [percentage] of the total members, either in person or by proxy. If a quorum is not present, the matter will be rescheduled for further discussion.
Quorum for special meetings of directors
A quorum for any special meeting of directors shall consist of at least [number] of the total board members, present in person or by proxy. Without a quorum, the meeting shall be rescheduled.
Quorum for meetings of non-profit organizations
A quorum for any meeting of a non-profit organization shall consist of at least [percentage] of the voting members. In the absence of a quorum, the meeting shall be adjourned and rescheduled to a later time.
Quorum for meetings with external stakeholders
A quorum for any meeting involving external stakeholders shall consist of at least [percentage] of the total number of stakeholders invited to attend. If a quorum is not present, the meeting shall be postponed and rescheduled.
Quorum for distribution of capital contributions
A quorum for any meeting regarding the distribution of capital contributions shall require the presence of at least [percentage] of the total contributors. If a quorum is not achieved, the meeting shall be adjourned to a later date.
Quorum for vote on corporate mergers or acquisitions
A quorum for any meeting voting on mergers or acquisitions shall consist of at least [percentage] of the shareholders or members entitled to vote. Without a quorum, no vote shall be conducted, and the meeting will be adjourned.
Quorum for general meetings of members
This variation applies when determining the quorum for a general meeting of members.
A quorum for any general meeting of members shall consist of [number or percentage] of the total membership, present in person or by proxy.
Quorum for shareholder meetings
This variation applies when determining the quorum for a shareholder meeting.
A quorum for any meeting of the shareholders shall consist of shareholders holding at least [percentage] of the outstanding shares entitled to vote, present in person or by proxy.
Quorum for board of directors meetings
This variation applies when determining the quorum for a board of directors meeting.
A quorum for any meeting of the board of directors shall consist of a majority of the total number of directors then in office, present in person or by proxy.
Quorum for special meetings
This variation applies when determining the quorum for a special meeting.
A quorum for any special meeting shall consist of at least [percentage] of the members entitled to vote, present in person or by proxy.
Quorum for partnership meetings
This variation applies when determining the quorum for a partnership meeting.
A quorum for any meeting of the partners shall consist of at least [number or percentage] of the partnership interests.
Quorum for annual meetings
This variation applies when determining the quorum for an annual meeting.
A quorum for the annual meeting shall consist of [percentage] of the members entitled to vote, present in person or by proxy.
Quorum for committee meetings
This variation applies when determining the quorum for a committee meeting.
A quorum for any committee meeting shall consist of a majority of the committee members, present in person or by proxy.
Quorum for decision-making meetings
This variation applies when determining the quorum for a decision-making meeting.
A quorum for any decision-making meeting shall consist of [number or percentage] of the participants, present in person or by proxy.
Quorum for virtual meetings
This variation applies when determining the quorum for a virtual meeting.
A quorum for any virtual meeting shall consist of at least [percentage] of the total number of eligible participants, either in person or via electronic communication.
Quorum for extraordinary meetings
This variation applies when determining the quorum for an extraordinary meeting.
A quorum for any extraordinary meeting shall consist of [percentage] of the total number of members or directors, present in person or by proxy.
Quorum for special voting meetings
This variation applies when determining the quorum for a meeting involving special voting matters.
A quorum for any meeting involving voting on special matters shall require the presence of shareholders or members holding at least [percentage] of the voting rights, in person or by proxy.
Quorum for meetings involving a vote on resolutions
This variation applies when determining the quorum for a meeting involving a vote on resolutions.
A quorum for any meeting where resolutions are to be voted on shall require the presence of [percentage] of the voting members, present in person or by proxy.
Quorum for meetings of a limited liability company (LLC)
This variation applies when determining the quorum for an LLC meeting.
A quorum for any LLC meeting shall consist of members holding at least [percentage] of the LLC's membership interests, either in person or by proxy.
Quorum for remote participation meetings
This variation applies when determining the quorum for a remote participation meeting.
A quorum for meetings allowing remote participation shall require the presence of [percentage] of the members, either present in person or through telecommunication methods.
Quorum for advisory board meetings
This variation applies when determining the quorum for an advisory board meeting.
A quorum for any advisory board meeting shall consist of at least [number] of the total members. If no quorum is present, the meeting shall be adjourned.
Quorum for voting on major decisions
This variation applies when determining the quorum for meetings involving major decisions, such as mergers or acquisitions.
A quorum for any vote on major decisions, including mergers and acquisitions, shall require the presence of shareholders or members holding at least [percentage] of the voting rights.
Quorum for executive meetings
This variation applies when determining the quorum for an executive meeting.
A quorum for any executive meeting shall consist of at least [percentage] of the executive team members, present in person or by proxy.
Quorum for non-profit meetings
This variation applies when determining the quorum for a non-profit meeting.
A quorum for any meeting of a non-profit organization shall consist of at least [percentage] of the total membership, present in person or by proxy.
Quorum for joint venture meetings
This variation applies when determining the quorum for a joint venture meeting.
A quorum for any joint venture meeting shall consist of at least [percentage] of the joint venture partners, present in person or by proxy.
Quorum for general business meetings
This variation applies when determining the quorum for a general business meeting.
A quorum for any general business meeting shall consist of [number] of the total members present in person or by proxy.
Quorum for meetings involving amendments to governing documents
This variation applies when determining the quorum for meetings involving proposed amendments to governing documents.
A quorum for any meeting involving proposed amendments to the governing documents shall require at least [percentage] of the members entitled to vote, present in person or by proxy.
Quorum for annual shareholder meetings
This variation applies when determining the quorum for an annual shareholder meeting.
A quorum for the annual meeting of shareholders shall consist of shareholders holding at least [percentage] of the outstanding shares entitled to vote, present in person or by proxy.
Quorum for executive committee meetings
This variation applies when determining the quorum for an executive committee meeting.
A quorum for any executive committee meeting shall consist of a majority of the total number of committee members, present in person or by proxy.
Quorum for special resolution meetings
This variation applies when determining the quorum for meetings where special resolutions are being voted on.
A quorum for any meeting at which special resolutions are to be voted on shall consist of at least [percentage] of the total voting members, present in person or by proxy.
Quorum for business operations meetings
This variation applies when determining the quorum for business operations meetings.
A quorum for any business operations meeting shall consist of at least [number] of the total members entitled to vote, present in person or by proxy.
Quorum for virtual board meetings
This variation applies when determining the quorum for a virtual board meeting.
A quorum for any virtual board meeting shall require the presence of directors holding at least [percentage] of the total number of votes entitled to be cast, either in person or by electronic means.
Quorum for board meetings requiring shareholder approval
This variation applies when determining the quorum for board meetings requiring shareholder approval.
A quorum for any board meeting that requires shareholder approval for any major decisions shall require the presence of [percentage] of the outstanding shares entitled to vote, in person or by proxy.
Quorum for meetings of a partnership
This variation applies when determining the quorum for a partnership meeting.
A quorum for any meeting of the partners shall consist of partners holding at least [percentage] of the partnership interests, present in person or by proxy.
Quorum for public meetings
This variation applies when determining the quorum for a public meeting.
A quorum for any public meeting shall consist of at least [number] of the members of the public present, either in person or by proxy.
Quorum for committee decision-making meetings
This variation applies when determining the quorum for a committee decision-making meeting.
A quorum for any committee decision-making meeting shall require the presence of at least [percentage] of the committee members, either in person or by proxy.
Quorum for extraordinary general meetings
This variation applies when determining the quorum for an extraordinary general meeting.
A quorum for any extraordinary general meeting shall consist of members holding at least [percentage] of the total membership, present in person or by proxy.
Quorum for meetings to approve amendments to articles of incorporation
This variation applies when determining the quorum for meetings to approve amendments to articles of incorporation.
A quorum for any meeting to approve amendments to the articles of incorporation shall require the presence of at least [percentage] of the members entitled to vote, either in person or by proxy.
Quorum for joint venture meetings
This variation applies when determining the quorum for a joint venture meeting.
A quorum for any meeting of the joint venture shall consist of at least [percentage] of the joint venture participants, either present in person or by proxy.
Quorum for decision-making on changes to bylaws
This variation applies when determining the quorum for decision-making on changes to bylaws.
A quorum for any meeting where changes to the bylaws are being decided shall require the presence of at least [percentage] of the members entitled to vote.
Quorum for extraordinary resolutions
This variation applies when determining the quorum for extraordinary resolutions.
A quorum for any meeting at which extraordinary resolutions are being discussed shall consist of at least [percentage] of the membership, present in person or by proxy.
Quorum for quarterly financial meetings
This variation applies when determining the quorum for quarterly financial meetings.
A quorum for any quarterly financial meeting shall require the presence of at least [percentage] of the total membership, either in person or by proxy.
Quorum for shareholder approval on mergers
This variation applies when determining the quorum for shareholder meetings related to mergers.
A quorum for any meeting to approve a merger shall consist of shareholders holding at least [percentage] of the outstanding shares entitled to vote, present in person or by proxy.
Quorum for meetings involving financial decisions
This variation applies when determining the quorum for meetings that involve financial decisions.
A quorum for any meeting where financial decisions are to be made shall require the presence of at least [percentage] of the total members or directors, present in person or by proxy.
Quorum for meetings of an advisory board
This variation applies when determining the quorum for advisory board meetings.
A quorum for any meeting of the advisory board shall consist of at least [number] of the total members, present in person or by proxy.
Quorum for emergency decision meetings
This variation applies when determining the quorum for emergency decision-making meetings.
A quorum for any emergency decision-making meeting shall consist of at least [percentage] of the total voting members, either present in person or by proxy.
Quorum for board of trustees meetings
This variation applies when determining the quorum for board of trustees meetings.
A quorum for any meeting of the board of trustees shall consist of at least [percentage] of the trustees, present in person or by proxy. If no quorum is met, the meeting shall be adjourned and rescheduled.
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