The following Corporate precedent provides comprehensive and up to date legal information covering:
Add new definitions to ‘definitions’ article:
means any director appointed by holders of the A ordinary shares;
means any director appointed by holders of the B ordinary shares;
A ordinary shares
means the A ordinary shares of [insert amount] each in the capital of the Company;
B ordinary shares
means the B ordinary shares of [insert amount] each in the capital of the Company;
means a director who would be entitled to vote on the matter if proposed as a resolution at a meeting of directors;
Add the following new clauses as required and renumber document accordingly:
Number of directors
The number of directors (excluding alternate directors) shall not be less than [two] in number[ nor more than [insert maximum number]][ and shall be made up of [insert number] A directors and [insert number] B directors].
Proceedings of directors
Subject to the provisions of these articles, the directors may meet together for the despatch of business, adjourn and otherwise regulate their meetings as they think fit.
All business arising at any meeting of the directors or of any committee of the directors shall be determined only by resolution and no resolution shall be effective unless carried by a majority. No resolution may be proposed or passed at any such meeting unless the nature of the business to which the resolution relates is
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