Action by the Board. (a) A quorum at any meeting of the Board shall consist of five directors. (b) All actions of the Board shall require the affirmative vote of at least a majority of the directors present at a duly convened meeting of the Board at which a quorum is present or the unanimous written consent of the Board; provided that, in the event there is a vacancy on the Board and an individual has been nominated to fill such vacancy, the first order of business shall be to fill such vacancy.
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Samples: Investors Agreement (Ipc Information Systems Inc), Stockholders Agreement (Cable Systems Holding LLC), Investors Agreement (Cable Systems Holding LLC)
Action by the Board. (a) A quorum at any meeting of the Board shall consist initially of five four directors.
(b) . All actions of the Board shall require the affirmative vote of at least a majority of the directors present at a duly convened meeting of the Board at which a quorum is present or the unanimous written consent of the Board; provided that, in the event there is a vacancy on the Board and an individual has been nominated to fill such vacancy, the first order of business shall be to fill such vacancy.
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Samples: Securityholders Agreement (Phase Metrics Inc), Securityholders Agreement (Santa Barbara Metric Inc)
Action by the Board. (a) A quorum at any meeting of the Board shall consist of five directors.
(b) All actions of the Board shall require the affirmative vote of at least a majority of the directors present at a duly convened meeting of the Board at which a quorum is present or the unanimous written consent of the Board; provided that, in the event there is a vacancy on the Board and an individual has been nominated to fill such vacancy, the first order of business shall be to fill such vacancy.. 5
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