Memorandum and Articles of Association of Petroleum Development (Trucial Coast) Limited, and of Petroleum Development (Qatar) Limited [‎186v] (32/80)

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ALTERNATE DIRECTORS.
92. Any Director may at any time appoint any person
to be an alternate Director of the Company, and may at any
time remove any alternate Director so appointed by him from
office. An alternate Director so appointed shall not be entitled to
receive any remuneration from the Company.
93. An alternate Director shall (subject to the like conditions
as are contained in Article 83 hereof in the case of a Director) be
entitled to receive notices of all meetings of the Board, and to
attend and vote as a Director at any such meeting when the
Director appointing him is not personally present, and generally
to perform all the functions of his appointor as a Director in the
absence of such appointor. An alternate Director may attend
meetings of the Board when the Director appointing him is present,
but shall not then be entitled to be heard or to vote or to exercise
any other of the powers of a Director.
94. An alternate Director shall ipso facto cease to be an alternate
Director if his appointor ceases for any reason to be a Director.
95. All appointments and removals of alternate Directors shall
be effected by writing under the hand of the Director making or
revoking such appointment left at the office. In appointing an
alternate Director the appointor may appoint a second person to
act in the absence of the first and a third person to act in the absence
of the first and second, but only the first-named alternate Director
shall be entitled to receive notices of meetings.
DIVIDENDS AND RESERVES.
96. The profits of the Company available for dividend and
resolved to be distributed shall be applied in the payment of
dividends to the holders of "B" shares in accordance with their
respective rights and priorities. The Company in general meeting
may declare dividends accordingly. Holders of "A" shares shall
not be entitled to receive any dividends.
9/. No dividend shall be payable except out of the profits of
the Company, or in excess of the amount recommended by the
Directors.
98. All dividends shall be declared and paid according to the
amounts paid on the shares in respect whereof the dividend is paid,