DEBBIE CAMACHO

What is the role of an ex officio member?

- They are not necessarily elected or appointed, nag agree sila to serve in that position kasi
kailangan nung company yung expertise or influence. Ang pagiging ex officio member is both a
privilege and obligation. Yung role nila is to partake in debates and discussions so kung
magkakaroon ng decision yung corporation andon sila. Meron silang right to vote, make
decisions.

KYERRA RADOVAN

Pwede bang magelect ng director kahit wala siyang share sa corporation?

- Yes, meron tayong tinatawag na independent directors sila yung walang share sa corporation,
bakit sila ineelect its because they are needed in making decision para hind imaging biased yung
decision ng board of directors.

TRISHA DOMALANTA

Bakit kailangan pa magelect ng board of directors?

- Kasi sila yun may mas alam sa pag manage ng corporation, and also masyado silang marami,
watak watak yung mga stockholders. So paano sila magmmeeting kung scattered and sobrang
kaya pinapaubaya nalang ng mga stockholders yung decision making sa mga board of directors.

JULIA BARBIRAN

Paano kapag nakagawa ng mali or bad faith isa sa mga board of directors?

- Pwede magfile ng derivative suit yung stockholder, yung derivative suit ginawa siya dahil sa
madalas na pagoccur ng mismanagement or wrongful acts.

GLYNIS EDEN

What if hindi sangayon ang isang director sa naging decision ng board?

- Yon nga meron tayong tinatawag na appraisal right which is kapag hindi sangayon sa decision or
sa change na nangyare sa corporation pwede silang umalis and magdemand ng payment sa
stocks nila.

Hindi ba maapektuhan yung corporation kapag may umalis?

- Hindi kasi ang corporation they have a perpetual existence na kung saan kahit may magwthdraw
or mamatay na stockholder walang effect ito sa corporation.
ANAMIE SUMBELING

Paano kapag nakagawa ng bad faith ang isang director, officer or eemployees pero inutos lang naman ni
corporation yun or pinagawa lang namn liable parin ba sila?

- Hindi na liable ang directors, officers and employees kasi fault na yon ng corporation and it is the
corporations sole liability.

LAIRENE PEREZ

Yung pre emptive right ito yung right ng stockholder to purchase additional stocks diba, importante ba
to sa isang stockholder or hindi?

- Pre emptive right is important to stockholder kasi prinoprotektahan nito yung ownership
interest ng isang stockholder kumbaga nammaintain nila yung ownership nila sa corporaton by
purchasing additional shares kasi once na maging available ito sa general public pwedeng
bumaba yung percentage ng shares or stocks nila.