Common use of Action by the Board of Directors Clause in Contracts

Action by the Board of Directors. All decisions of the Board of Directors shall require the affirmative vote of a majority of the directors of the Company then in office, or a majority of the members of an Executive Committee, or any other committee, of the Board of Directors, to the extent such decisions may be lawfully delegated to an Executive Committee, or any other committee, pursuant to Section 5.1(h).

Appears in 3 contracts

Samples: Stockholders Agreement (Dominicks Supermarkets Inc), Stockholders Agreement (Internationale Nederlanden Capital Corp), Stockholders Agreement (Dominicks Supermarkets Inc)

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Action by the Board of Directors. All decisions of the Board of Directors shall require the affirmative vote of a majority of the directors of the Company then in office, or a majority of the members of an Executive Committee, or any other committee, Committee of the Board of Directors, to the extent such decisions may be lawfully delegated to an Executive Committee, or any other committee, Committee pursuant to Section 5.1(h)the Charter Documents.

Appears in 1 contract

Samples: Shareholders Agreement (Forsythe Gerald R)

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