Form with which the stockholders of a corporation waive the necessity of a first meeting of stockholders.
A Rhode Island Waiver of Annual Meeting of Stockholders — Corporate Resolutions is a legal document that allows a corporation in Rhode Island to waive the requirement of holding an annual meeting of its stockholders. It is an official resolution adopted by the board of directors that stipulates that the corporation's stockholders acknowledge and consent to the waiver of the annual meeting. Keywords: Rhode Island, waiver, annual meeting, stockholders, corporate resolutions, legal document. Different types of Rhode Island Waiver of Annual Meeting of Stockholders — Corporate Resolutions may include: 1. General Waiver of Annual Meeting: This resolution waives the requirement of holding an annual meeting of stockholders altogether. This type of waiver is common when all stockholders are in agreement to forego the annual meeting. 2. Specific Waiver of Annual Meeting: This resolution waives the requirement of holding an annual meeting for a specific year or a set period. It can be used when there are exceptional circumstances, such as emergencies or unforeseen events, that make it impractical or unnecessary to hold an annual meeting for that particular year. 3. Conditional Waiver of Annual Meeting: This resolution stipulates that the annual meeting will be waived if certain conditions are met. For example, if a certain percentage or the majority of stockholders provide written consent to the waiver, then the annual meeting requirement can be waived. It is important for corporations to consult with legal professionals or corporate attorneys to ensure that the waiver of the annual meeting complies with Rhode Island corporate laws and the corporation's articles of incorporation and bylaws. Each case may be unique, and the type of waiver resolution adopted will depend on the specific circumstances, the corporation's structure, and the preferences of the stockholders.
