EGM definition: Copy, customize, and use instantly
Introduction
The term "EGM" refers to an "Extraordinary General Meeting," which is a shareholder meeting convened outside the regular schedule to address urgent or significant matters. It is typically called to approve major decisions such as mergers, acquisitions, amendments to corporate governance, or changes in capital structure. Unlike an Annual General Meeting (AGM), an EGM can be held at any time as required by the company’s governing documents or regulatory obligations.
Below are various examples of how "EGM" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "EGM" as a meeting for urgent corporate decisions
This definition ties "EGM" to decision-making.
"EGM" means an Extraordinary General Meeting convened to discuss and approve significant corporate actions requiring shareholder approval.
Definition of "EGM" as a legally mandated shareholder meeting
This definition connects "EGM" to legal compliance.
"EGM" refers to a shareholder meeting convened in accordance with applicable corporate laws and regulations to address urgent matters.
Definition of "EGM" as a special meeting called by directors or shareholders
This definition applies "EGM" to governance rights.
"EGM" means an Extraordinary General Meeting convened at the request of the board of directors or a specified percentage of shareholders.
Definition of "EGM" as a meeting for major corporate restructuring
This definition ties "EGM" to financial changes.
"EGM" refers to a shareholder meeting called to approve mergers, acquisitions, divestitures, or other corporate restructuring events.
Definition of "EGM" as a venue for approving capital alterations
This definition connects "EGM" to financial decisions.
"EGM" means an Extraordinary General Meeting where shareholders approve significant changes to the company's share capital or financial structure.
Definition of "EGM" as an ad hoc meeting outside the AGM schedule
This definition applies "EGM" to scheduling flexibility.
"EGM" refers to a shareholder meeting held outside the company's regular Annual General Meeting to address urgent business matters.
Definition of "EGM" as a meeting for amendments to corporate bylaws
This definition ties "EGM" to governance modifications.
"EGM" means an Extraordinary General Meeting convened to discuss and approve amendments to the company's bylaws or articles of association.
Definition of "EGM" as a shareholder meeting requiring quorum
This definition connects "EGM" to voting requirements.
"EGM" refers to an official meeting of shareholders where a quorum is required for passing resolutions on significant company matters.
Definition of "EGM" as a board-initiated shareholder meeting
This definition applies "EGM" to board authority.
"EGM" means an Extraordinary General Meeting convened by the board of directors to seek shareholder approval on strategic corporate actions.
Definition of "EGM" as a forum for minority shareholder rights
This definition ties "EGM" to shareholder protections.
"EGM" refers to a shareholder meeting that allows minority shareholders to raise concerns and propose resolutions affecting company governance.
Definition of "EGM" as an emergency shareholder meeting in financial distress
This definition connects "EGM" to crisis management.
"EGM" means an Extraordinary General Meeting called to address financial distress, insolvency proceedings, or major restructuring efforts.
Definition of "EGM" as a meeting requiring prior notice to shareholders
This definition applies "EGM" to procedural requirements.
"EGM" refers to a corporate meeting convened with prior notice to shareholders, specifying the agenda and resolutions to be discussed.
Definition of "EGM" as a decision-making body for executive appointments
This definition ties "EGM" to leadership changes.
"EGM" means an Extraordinary General Meeting held to appoint, remove, or replace members of the board or executive leadership.
Definition of "EGM" as a voting event for takeover bids
This definition connects "EGM" to mergers and acquisitions.
"EGM" refers to an Extraordinary General Meeting where shareholders vote on proposed takeover bids or hostile acquisition defenses.
Definition of "EGM" as a meeting to authorize large-scale financial commitments
This definition applies "EGM" to financial approvals.
"EGM" means a shareholder meeting convened to authorize significant financial transactions, such as issuing new debt or acquiring major assets.
Definition of "EGM" as a compliance-driven meeting under corporate laws
This definition ties "EGM" to regulatory obligations.
"EGM" refers to an Extraordinary General Meeting convened in compliance with local or international corporate governance requirements.
Definition of "EGM" as an event for shareholder activism
This definition connects "EGM" to investor influence.
"EGM" means a formal meeting where activist shareholders propose changes in company policies, executive compensation, or governance structures.
Definition of "EGM" as a forum for dividend policy decisions
This definition applies "EGM" to shareholder returns.
"EGM" refers to an Extraordinary General Meeting where shareholders approve or modify dividend distributions and profit allocations.
Definition of "EGM" as a platform for voting on share buybacks
This definition ties "EGM" to stock repurchase programs.
"EGM" means an Extraordinary General Meeting where shareholders vote on authorizing or modifying share buyback programs.
Definition of "EGM" as a dispute resolution mechanism within corporate governance
This definition connects "EGM" to conflict resolution.
"EGM" refers to a meeting convened to resolve disputes among shareholders, directors, or other stakeholders through formal resolutions.
Definition of "EGM" as a procedural requirement before delisting from a stock exchange
This definition applies "EGM" to market withdrawal.
"EGM" means an Extraordinary General Meeting called to approve the delisting of company shares from a stock exchange.
Definition of "EGM" as a formal gathering required for significant policy shifts
This definition ties "EGM" to company direction.
"EGM" refers to a meeting where shareholders discuss and approve major policy shifts affecting the company's business operations.
Definition of "EGM" as a shareholder meeting for approving mergers
This definition ties "EGM" to corporate consolidation.
"EGM" means an Extraordinary General Meeting convened to discuss and approve the terms of a proposed merger or acquisition.
Definition of "EGM" as a meeting for altering shareholder rights
This definition connects "EGM" to equity adjustments.
"EGM" refers to an official shareholder meeting where amendments to voting rights, share classes, or other shareholder privileges are proposed and decided.
Definition of "EGM" as a forum for resolving internal management conflicts
This definition applies "EGM" to governance disputes.
"EGM" means an Extraordinary General Meeting held to mediate and resolve conflicts between company management, shareholders, or other stakeholders.
Definition of "EGM" as a meeting to decide on liquidation proceedings
This definition ties "EGM" to business closure.
"EGM" refers to a shareholder meeting convened to determine the company's dissolution, voluntary liquidation, or bankruptcy proceedings.
Definition of "EGM" as a venue for ratifying corporate governance changes
This definition connects "EGM" to compliance adjustments.
"EGM" means an Extraordinary General Meeting where shareholders vote to ratify changes to governance structures, such as board composition or executive authority.
Definition of "EGM" as a legally binding meeting for major corporate resolutions
This definition applies "EGM" to binding decisions.
"EGM" refers to a formal corporate meeting where legally binding resolutions requiring shareholder consent are discussed and enacted.
Definition of "EGM" as an event for addressing financial restatements
This definition ties "EGM" to accounting corrections.
"EGM" means an Extraordinary General Meeting convened to approve or discuss financial restatements due to errors, fraud, or regulatory noncompliance.
Definition of "EGM" as a meeting to approve large capital expenditures
This definition connects "EGM" to corporate budgeting.
"EGM" refers to an official shareholder meeting held to authorize significant capital expenditures or large-scale investment decisions.
Definition of "EGM" as a forum for discussing takeover defense strategies
This definition applies "EGM" to hostile acquisition defenses.
"EGM" means an Extraordinary General Meeting convened to review and approve strategies to prevent hostile takeovers or unsolicited acquisition attempts.
Definition of "EGM" as a mandatory meeting before issuing new stock
This definition ties "EGM" to securities offerings.
"EGM" refers to an Extraordinary General Meeting held to obtain shareholder approval before issuing new shares, convertible bonds, or other securities.
Definition of "EGM" as a meeting for approving related-party transactions
This definition connects "EGM" to conflict-of-interest approvals.
"EGM" means an official shareholder meeting where transactions involving company insiders, directors, or major shareholders are reviewed and approved.
Definition of "EGM" as a forum for voting on leadership compensation packages
This definition applies "EGM" to executive pay decisions.
"EGM" refers to an Extraordinary General Meeting where shareholders deliberate and approve executive compensation, bonuses, and stock option plans.
Definition of "EGM" as a requirement before corporate name changes
This definition ties "EGM" to branding and legal identity.
"EGM" means an Extraordinary General Meeting convened to approve changes to the company's legal name, branding, or trade identity.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.