Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 836

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 836
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 be given to the appointing director and not to the alternate. Rights of alternate director 15.6An alternate director shall be entitled to attend and vote at any board meeting or meeting of a committee of the directors at which the appointing director is not personally present, and generally to perform all the functions of the appointing director in his absence. 15.7For the avoidance of doubt: (a)if another director has been appointed an alternate director for one or more directors, he shall be entitled to a separate vote in his own right as a director and in right of each other director for whom he has been appointed an alternate; and (b)if a person other than a director has been appointed an alternate director for more than one director, he shall be entitled to a separate vote in right of each director for whom he has been appointed an alternate. 15.8An 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 15.9An alternate director shall cease to be an alternate director if the director who appointed him ceases to be a director. Status of alternate director 15.10An alternate director shall carry out all functions of the director who made the appointment. 15.11Save where otherwise expressed, an alternate director shall be treated as a director under these Articles. 15.12An alternate director is not the agent of the director appointing him. 15.13 An alternate director is not entitled to any remuneration for acting as alternate director. Status of the director making the appointment 15.14A director who has appointed an alternate is not thereby relieved from the duties which he owes the Company. 16 Powers 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. Annex B-36 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. Appointments to office 16.3The directors may appoint a director: (a)as chairman of the board of directors; (b)as managing director; (c)to any