Certain Actions Requiring Majority Stockholder Approval Sample Clauses

Certain Actions Requiring Majority Stockholder Approval. For so long as the Xxxxx Group and the Tomer Group shall collectively own shares constituting at least 20% of the Common Stock then outstanding, without either:
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Certain Actions Requiring Majority Stockholder Approval. For so long as the Percon Group and the Founders shall collectively own shares constituting at least 40% of the Common Stock then outstanding without either (A) the prior unanimous vote of the Percon Director and the Founders Directors, or (B) the prior affirmative vote of at least 75% of the Shares then beneficially owned by the Founders and the Percon Group taken collectively (either of (A) or (B) being referred to as a "Majority Vote"), the Company shall not, and the Percon Director and the Founders Directors shall use their respective best efforts to preclude the Company, directly or indirectly (including through any Subsidiaries (as hereinafter defined) of the Company) from taking the following actions:

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