The Arizona Waiver of Notice of First Meeting of Shareholders is a legal document that allows shareholders of a corporation to waive their right to receive notice of the first meeting of shareholders. This waiver signifies that the shareholders are acknowledging their willingness to forgo the standard notice period required for such meetings. In Arizona, there are two types of waivers of notice for the first meeting of shareholders. The first type is a general waiver, which is a blanket agreement signed by all shareholders, collectively waiving their rights to receive notice of the meeting. This type of waiver is often used when all shareholders are in agreement and wish to expedite the meeting process. The second type of waiver is an individual waiver, where each shareholder signs a separate document indicating their personal waiver of notice. This type of waiver is typically used when not all shareholders can attend the first meeting or when certain shareholders want to exercise their right to receive notice for a specific reason. Keywords: Arizona, Waiver of Notice, First Meeting of Shareholders, shareholders, legal document, notice period, general waiver, individual waiver, blanket agreement, meeting process.