Company: ZNOG
Filing Date: 2025-03-28
Form Type: PRE 14A
Source: 0001437749-25-009798
Chunk: 168

Company: ZION OIL & GAS INC
Filing Date: 2025-03-28
Form: PRE 14A
Chunk 168
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 would be routed through the Chief Compliance Officer with regard to topics of conflict and such Director would not be permitted direct phone calls, emails, or interviews of management unless specifically authorized by the Chief Compliance Officer.

<div align='center'>17</div>

Section 16. . A director of the Corporation who is present at a meeting of the Board or a committee thereof when corporate action is taken shall be presumed to have assented to the action taken, unless he objects at the beginning of the meeting, or promptly upon his arrival, to holding the meeting or transacting specific business at the meeting, or he votes against or abstains from the action taken.

<div align='center'>ARTICLE IV
EXECUTIVE AND OTHER COMMITTEES</div>

Section 1. . The Board of Directors may, by resolution passed by a majority of the whole Board, designate annually two (2) or more of its members to constitute members or alternate members of an Executive Committee, which Committee shall have and may exercise, between meetings of the Board, all the powers and authority of the Board in the management of the business and affairs of the Corporation, including, if such Committee is so empowered and authorized by resolution adopted by a majority of the whole Board, the power and authority to declare a dividend and to authorize the issuance of stock, and may authorize the seal (if one is adopted) of the Corporation to be affixed to all papers that may require it, except that the Executive Committee shall have no power or authority to:

| a) | amend the Certificate of Incorporation of the Corporation; |

| b) | adopt an agreement of merger or consolidation involving the Corporation; |

| c) | recommend to the stockholders the sale, lease or exchange of all or substantially all of the property and assets of the Corporation; |

| d) | recommend to the stockholders a dissolution of the Corporation or a revocation of a dissolution; |

| e) | adopt, amend or repeal any bylaw of the Corporation; |

| f) | fill vacancies on the Board of Directors or any committee of the Board, including the Executive Committee; or |

| g) | amend or repeal any resolution of the Board of Directors which by its terms may be amended or repealed only by the Board. |

The Board shall have the power at any time to change the membership of the Executive Committee, to fill all vacancies in it and to discharge it, either with or without cause. For purposes of this , all references to “committee” or “committees” shall include