GIS » Topics » 1.5 Term.

This excerpt taken from the GIS 10-Q filed Dec 19, 2007.
Term:

(a)    The Board of Directors shall determine the number of directors on the board, which shall be at least seven (7) and no more than fifteen (15).

(b)    No person shall be eligible to become or to remain a director of the corporation unless the person is a stockholder in the corporation. Not more than six (6) of the members of the board of directors shall be officers or employees of the corporation; but the chairman of the board shall not be deemed such an officer or employee.

 

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(c)        Subject to the provisions of the certificate of incorporation, as amended, a majority of the total number of the directors shall constitute a quorum for the transaction of business. The affirmative vote of the majority of the directors present at a meeting at which a quorum is constituted shall be the act of the board of directors, unless the certificate of incorporation shall require a vote of a greater number.

(d)        Except as otherwise provided in these by-laws, directors shall hold office until the next succeeding annual stockholders’ meeting and thereafter until their successors are respectively elected and qualified.

SECTION 

This excerpt taken from the GIS 8-K filed Dec 14, 2007.

TERM

 

This Agreement shall commence on December 12, 2007, and continue until such time as Operator or Lessee terminates this Agreement. Either party may at any time terminate this Agreement upon thirty (30) days’ written notice to the other party.

 

This excerpt taken from the GIS 8-K filed Aug 3, 2007.

         1.5 Term.

        The term of the Company commenced on the date the Certificate of Formation was filed in the office of the Secretary of State of the State of Delaware in accordance with the Act and shall continue until the dissolution and the completion of the winding up of the Company in accordance with Section 13. The existence of the Company as a separate legal entity and this Agreement shall continue until the cancellation of the Certificate of Formation in accordance with the Act.

This excerpt taken from the GIS 8-K filed Dec 28, 2006.

TERM

 

This Agreement shall commence on December 21, 2006, and continue until such time as Operator or Lessee terminates this Agreement. Either party may at any time terminate this Agreement upon thirty (30) days’ written notice to the other party.

 

This excerpt taken from the GIS 10-Q filed Jan 6, 2005.

        1.5     Term.

        The term of the Company commenced on the date the Certificate of Formation was filed in the office of the Secretary of State of the State of Delaware in accordance with the Act and shall continue until the dissolution and the completion of the winding up of the Company in accordance with Section 13. The existence of the Company as a separate legal entity and this Agreement shall continue until the cancellation of the Certificate of Formation in accordance with the Act.

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