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An extraordinary general meeting (EGM) is a shareholder meeting called other than a company's scheduled annual general meeting (AGM). An EGM is also called a special general meeting or emergency general meeting.
Special Meeting means a special meeting of the holders of Voting Shares, called by the Board of Directors for the purpose of approving a supplement or amendment to this Agreement pursuant to Subsection 5.4(b); Annual Meeting means the annual meeting of the stockholders of the Company.
Each holder of one or more shares may attend Shareholders' Meetings, either in person or by written proxy, speak and vote ing to the Articles of Association.
Special meetings usually address issues that need immediate attention or that need more time and discussion than can be handled in routine Board or annual meetings from opening a new diner to a new pharmacy.
Most states require notice of any shareholder meeting be mailed to all shareholders at least 10 days prior to the meeting. The notice should contain the date, time and location of the meeting as well as an agenda or explanation of the topics to be discussed.
A special meeting allows shareholders to remove the current board of directors and elect a new board. The following is an explanation of the procedures for calling a special meeting of the shareholders. Enclosed are copies of documents, which you can use for your meeting.
There are three types of shareholders' meetings: an ordinary meeting, an extraordinary meeting and a special meeting.