AMENDMENT BY SHAREHOLDERS. New By-Laws may be adopted or these By-Laws may be amended or repealed by the vote or written consent of holders of a majority of the outstanding shares entitled to vote; provided, however, that if the Articles of Incorporation of the corporation set forth the number of authorized Directors of the corporation, then the authorized number of Directors may be changed only by an amendment of the Articles of Incorporation.
AMENDMENT BY SHAREHOLDERS. New bylaws may be adopted or these bylaws may be amended or repealed by the vote or written consent of holders of a majority of the outstanding shares entitled to vote; provided, however, that if the articles of incorporation of the corporation set forth the number of authorized directors of the corporation, then the authorized number of directors may be changed only by an amendment of the articles of incorporation.
AMENDMENT BY SHAREHOLDERS. New By-Laws may be amended or repealed by the affirmative vote or written consent of a majority of the outstanding shares entitled to vote, except as otherwise provided by applicable law or by the Declaration of Trust or these By-Laws.
AMENDMENT BY SHAREHOLDERS. These By-Laws may be amended or repealed by the affirmative vote or written consent of two-thirds of the outstanding shares entitled to vote, except as otherwise provided by applicable law or by the Agreement or these By-Laws.
AMENDMENT BY SHAREHOLDERS. 16 Section 2.
AMENDMENT BY SHAREHOLDERS. These Bylaws may be amended or repealed, in whole or in part, at any time by the affirmative vote or written consent of a majority of the outstanding shares issued and entitled to vote, except as otherwise provided by applicable law or by the Declaration of Trust or these Bylaws.
AMENDMENT BY SHAREHOLDERS. Subject to Section 9 of Article II, new Bylaws may be adopted or these Bylaws may be amended or repealed by the vote or written consent of holders of a majority of the outstanding shares entitled to vote; provided, however, that if the Articles of Incorporation of the corporation set forth the number of authorized Directors of the corporation, the authorized number of Directors may be changed only by an amendment of the Articles of Incorporation.
AMENDMENT BY SHAREHOLDERS. The By-laws of the Corporation may be amended or repealed at any annual meeting of shareholders, or special meeting of shareholders called for such purpose, by the affirmative vote of at least two-thirds of the shares present in person or represented by proxy at such meeting and entitled to vote on such amendment or repeal, voting together as a single class; PROVIDED, HOWEVER, that if the Board of Directors recommends that shareholders approve such amendment or repeal at such meeting of shareholders, such amendment or repeal shall only require the affirmative vote of the majority of the shares present in person or represented by proxy at such meeting and entitled to vote on such amendment or repeal, voting together as a single class.
AMENDMENT BY SHAREHOLDERS. These By-laws may be amended or repealed at any Annual Meeting of shareholders, or special meeting of shareholders called for such purpose, by the affirmative vote of at least two-thirds of the shares present in person or represented by proxy at such meeting and entitled to vote on such amendment or repeal, voting together as a single class; provided, however, that if the Board of Directors recommends that shareholders approve such amendment or repeal at such meeting of shareholders, such amendment or repeal shall only require the affirmative vote of the majority of the shares present in person or represented by proxy at such meeting and entitled to vote on such amendment or repeal, voting together as a single class. Adopted ________ ___, 1997 and effective as of ________ ___, 1997. 358352.c7 EXHIBIT III FORM OF EMPLOYMENT AGREEMENT This AGREEMENT (the "Agreement") is made as of _____________________ , 1997 (the "Effective Date"), by and between Xxxxxxxx Financial, Inc., a New Hampshire chartered corporation ("Xxxxxxxx"), The Berlin City Bank, a New Hampshire chartered bank and wholly owned subsidiary of Xxxxxxxx with its principal offices located in Berlin, New Hampshire (Xxxxxxxx and The Berlin City Bank shall hereinafter collectively be referred to as the "Employer"), and Xxxxxxx X. Xxxxxxxx (the "Executive"). In consideration of the mutual covenants contained in this Agreement, the Employer and the Executive agree as follows:
AMENDMENT BY SHAREHOLDERS. Amendment by Directors CERTIFICATE
