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. Cumulative voting shall not be permitted in the 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. 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. Company's Articles of Incorporation shall be amended to provide that as long as AAHA owns 80% of the Shares and PVPL owns 20% of the Shares, AAHA will be entitled to appoint six (6) members of the Board of Directors and PVPL will be entitled to appoint ONE (1) 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. Each Investor and Permitted Transferee hereby ----------------- waives any and all cumulative voting rights which may be granted to such Investor under California law or otherwise.
Cumulative Voting. No cumulative voting shall be permitted.
