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How is Virtual Attendance defined in a legal contract?

• Virtual Attendance means allowing qualified individuals to take part in a communication during a meeting in line with legal requirements, even when other attendees are physically gathered. Seen in 4 SEC filings
• Virtual Attendance means someone is not physically present at a significant meeting, but is nonetheless able to participate and considered present via an audio or video platform, much like someone who is physically there. Seen in 4 SEC filings
• Virtual Attendance means someone is not physically present at a meeting, but is able to participate and considered present at the relevant meeting via a video or/and audio platform or any other communication technology, much like someone who is physically present.

Seen in 1 SEC filings

• Virtual Attendance means someone is not physically present at a significant meeting, but can participate in the meeting through a video or/and audio platform, much like those who are physically present. In order to qualify as Virtual Attendance, presence at a relevant meeting must include: the ability for effective two-way communication, by visual and/or spoken means, between the virtually attending individual and those physically present; the ability of the virtual attendee to engage in discussion, ask questions, and provide answers; and the ability of the virtual attendee to cast a vote at the same time with those in physical and virtual attendance. Seen in 1 SEC filings

Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Virtual Attendance means participating in a meeting via audio, video, or another communication platform, irrespective of physical presence.

Relevant Contract Types

• Service Contracts
• Employment Contracts
• Freelance Contracts
• Real Estate Lease Agreements
• Shareholder Agreements
• Sales Contracts

Relevant Circumstances

• Remote working setups
• International collaborations
• Online board or team meetings
• Digital conferences and seminars
• Virtual classrooms

Relevant Sectors

• Information Technology
• Education
• Real Estate
• Healthcare
• Retail

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