BOARD OF DIRECTORS' DECISIONS. (a) The Board of Directors shall decide on those matters as provided by applicable law, or expressly provided for in the Articles of Association, or expressly determined by the Shareholders from time to time. Any resolution of, or proposal to the Shareholders Meeting by the Board of Directors, shall require the affirmative vote of a simple majority of Directors present or represented at the relevant Board of Directors meeting, provided that:
Appears in 3 contracts
Samples: Shareholders Agreement (Telefonica Mobile Inc), Shareholder Agreement (Portugal Telecom SGPS Sa), Shareholders Agreement (Telefonica S A)
