Action by Board of Directors. Any action required by the Company’s Board of Directors under this Agreement may be taken by the affirmative vote of a majority of the members of the Board, or of a duly authorized committee having authority over the matter in question, present at a meeting thereof, not counting Executive; provided that termination for “Cause” pursuant to Section 6(a) shall require the approval of two-thirds of the members of the Board of Directors present at a meeting thereof, not counting Executive.
Appears in 3 contracts
Samples: Change of Control Agreement (Iowa Telecommunications Services Inc), Employment Agreement (Iowa Telecommunications Services Inc), Waiver and Release Agreement (Iowa Telecommunications Services Inc)
Action by Board of Directors. Any action required by the Company’s 's Board of Directors under this Agreement may be taken by the affirmative majority vote of a majority of the members of the Board, or of a duly authorized committee having authority over the matter in question, present at question or by a meeting thereof, not counting Executive; provided that termination for “Cause” pursuant to Section 6(a) shall require the approval of two-thirds majority of the remaining members of the Board of Directors present at a meeting thereofDirectors, not counting Executive, then serving.
Appears in 3 contracts
Samples: Employment Agreement (Corvu Corp), Employment Agreement (Corvu Corp), Employment Agreement (Corvu Corp)
