Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 883

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 883
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 Directors at which the appointing Director is not personally present, and generally to perform all the functions of the appointing Director in his absence. An alternate Director, however, is not entitled to receive any remuneration from the Company for services rendered as an alternate Director. Appointment ceases when the appointor ceases to be a Director 15.6An alternate Director shall cease to be an alternate Director if: (a)the Director who appointed him ceases to be a Director; or (b)the Director who appointed him revokes his appointment by notice delivered to the Board or to the registered office of the Company or in any other manner approved by the Board; or (c)in any event happens in relation to him which, if he were a Director of the Company, would cause his office as Director to be vacated. Status of alternate Director 15.7An alternate Director shall carry out all functions of the Director who made the appointment. 15.8Save where otherwise expressed, an alternate Director shall be treated as a Director under these Articles. 15.9An alternate Director is not the agent of the Director appointing him. 15.10An alternate Director is not entitled to any remuneration for acting as alternate Director. Status of the Director making the appointment 15.11A Director who has appointed an alternate is not thereby relieved from the duties which he owes the Company. Annex C-24 16Powers of Directors Powers of Directors 16.1Subject to the provisions of the Act, the Memorandum and these Articles the business of the Company shall be managed by the Directors who may for that purpose exercise all the powers of the Company. 16.2No prior act of the Directors shall be invalidated by any subsequent alteration of the Memorandum or these Articles. However, to the extent allowed by the Act, Members may, by Special Resolution, validate any prior or future act of the Directors which would otherwise be in breach of their duties. Directors below the minimum number 16.3lf the number of Directors is less than the minimum prescribed in accordance with these Articles, the remaining Director or Directors shall act only for the purposes of appointing an additional Director or Directors to make up such minimum or of convening a general meeting of the Company for the purpose of making such appointment. lf there are no Director or Directors able or willing to act, any two Members may summon a general meeting for the purpose of appointing Directors. Any additional Director so appointed shall hold office (subject to these Articles)