MARVIN MANDEL, Governor

1583

The only changes are in style.

2-504. NOTICE OF MEETING; WAIVER OF NOTICE.

(A) SECRETARY TO GIVE NOTICE.

NOT LESS THAN TEN NOR BORE THAN 90 DAYS BEFORE EACH
STOCKHOLDERS' MEETING, THE SECRETARY OF THE CORPORATION
SHALL GIVE WRITTEN NOTICE OF THE MEETING TO:

(1)    EACH STOCKHOLDER ENTITLED TO VOTE AT THE
MEETING; AND

(2)   EACH OTHER STOCKHOLDER ENTITLED TO NOTICE
OF THE MEETING.

(B) CONTENTS OF NOTICE.

THE NOTICE SHALL STATE:

(1)   THE TIME AND PLACE OF THE MEETING; AND

(2)   THE PURPOSE OF THE MEETING, IF:

(I)   THE MEETING IS A SPECIAL MEETING; OR

(II)  NOTICE OF THE PURPOSE IS REQUIRED BY ANY
OTHER PROVISION OF THIS ARTICLE.

(C)   DELIVERY OF NOTICE.

FOR PURPOSES OF THIS SECTION, NOTICE IS GIVEN TO A
STOCKHOLDER WHEN IT IS:

(1)   PERSONALLY DELIVERED TO HIM;

(2)   LEFT AT HIS RESIDENCE OR USUAL PLACE OF
BUSINESS; OR

(3) MAILED TO HIM AT HIS ADDRESS AS IT
APPEARS ON THE RECORDS OF THE CORPORATION.

(D)   WAIVER OF NOTICE.

WHENEVER THIS ARTICLE OR THE CHARTER OR BYLAWS OF A
CORPORATION REQUIRE NOTICE OF THE TIME, PLACE, OR PURPOSE
OF A MEETING OF THE STOCKHOLDERS, [[THE NOTICE IS WAIVED
IF]] EACH PERSON WHO IS ENTITLED TO THE NOTICE [[BUT DOES
NOT RECEIVE IT]] WAIVES NOTICE IF HE:

(1) BEFORE OR AFTER THE MEETING SIGNS A
WAIVER OF THE NOTICE WHICH IS FILED WITH THE RECORDS OF
STOCKHOLDERS MEETINGS; OR