Waiver of Notice for Special Meeting of Shareholders TemplateWe’re Just Not Annoying®
How to use a waiver of notice for special stockholders meeting
From time to time shareholders will need to hold a special stockholder meeting. One of the biggest reasons is to oust a director from the board of directors. Typically if this kind of activity is happening, things need to progress quickly.
If you have a feisty director on the board of directors or worse yet, the director in question has become friends with some of the other shareholders, it will be imperative that you document the special shareholder meeting correctly to make sure there could be no arguments of the legitimacy of the decisions made.
A special shareholder meeting typically will happen without much notice. All shareholders should sign the waiver of notice of a special shareholder meeting to protect everyone and document that everyone was capable of making the decision correctly.