Cumulative Voting. The right to cumulate votes in the election of Directors shall not exist with respect to shares of stock of this corporation.
Cumulative Voting. At each election for Directors, every Member entitled to vote at such election shall have the right to vote, in person or by proxy, the number of Units owned by him or her for as many persons as there are Directors to be elected and for whose election he or she has a right to vote, or to cumulate his or her votes by giving one candidate as many votes as the number of such Directors multiplied by the number of his or her Units, or by distributing such votes on the same principle among any number of candidates.
Cumulative Voting. As promptly as practicable following the Closing Date, the Company shall amend its Articles of Incorporation, Code of Regulations or Bylaws, as the case may be, to eliminate cumulative voting in the election of directors.
Cumulative Voting. The right of Members to cumulative voting is expressly prohibited.
Cumulative Voting. Cumulative voting shall not be permitted in the election of directors.
Cumulative Voting. Cumulative voting shall not apply to election of directors.
Cumulative Voting. The shareholders of the Corporation shall not be entitled to cumulate their votes in the election of directors.
Cumulative Voting. Company's Articles of Incorporation shall be amended to provide that as long as AAHA owns ***% of the Shares and PVPL owns ***% of the Shares, AAHA will be entitled to appoint six (6) members of the Board of Directors and PVPL will be entitled to appoint *** (**) member of the Board of Directors, all as described in Section 10 of the Shareholders Agreement.
Cumulative Voting. Except as otherwise required by applicable law, there shall be no cumulative voting on any matter brought to a vote of stockholders of the Corporation.
Cumulative Voting. At any election of directors, every shareholder complying with this paragraph (b) and entitled to vote may cumulate his or her votes and give one candidate a number of votes equal to the number of directors to be elected multiplied by the number of votes to which the shareholder’s shares are entitled, or distribute the shareholder’s votes on the same principle among as many candidates as the shareholder thinks fit. No shareholder shall be entitled to cumulate votes (i.e., cast for any one or more candidates a number of votes greater than the number of votes which such shareholder normally is entitled to cast) unless such candidate or candidates’ names have been placed in nomination prior to the voting and the shareholder has given notice at the meeting prior to the voting of the shareholder’s intention to cumulate the shareholder’s votes. If any one shareholder has given such notice, all shareholders may cumulate their votes for candidates in nomination. In any election of directors, the candidates receiving the highest number of affirmative votes up to the number of directors to be elected by such shares are elected; votes against a director and votes withheld shall have no legal effect.
