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

Amendments by the Board of Directors. The Board of Directors may adopt, amend or repeal these Bylaws by the affirmative vote of the Board of Directors at any regular or special meeting of the Board of Directors. If the power to adopt, amend or repeal Bylaws is conferred upon the Board of Directors by the Certificate of Incorporation it shall not divest or limit the power of the stockholders to adopt, amend or repeal Bylaws.

Appears in 2 contracts

Samples: Merger Agreement (Outerwall Inc), Agreement and Plan of Merger (ADT Corp)

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Amendments by the Board of Directors. The Board of Directors may adopt, amend or repeal these Bylaws by the affirmative vote of the Board of Directors at any regular or special meeting of the Board of DirectorsDirectors (except to the extent provided in ARS § 10-1020(A)(2)). If the power to adopt, amend or repeal Bylaws is conferred upon the Board of Directors by the Certificate Articles of Incorporation it shall not divest or limit the power of the stockholders shareholders to adopt, amend or repeal Bylaws.

Appears in 2 contracts

Samples: Merger Agreement (Apollo Education Group Inc), Agreement and Plan of Merger (Apollo Education Group Inc)

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