Extraordinary Actions. Except as may be provided by the Board of Directors in setting the terms of classified or reclassified shares of stock pursuant to Section 5.3 or as specifically provided in Section 4.5 (relating to removal of directors), notwithstanding any provision of law requiring any action to be taken or approved by the affirmative vote of stockholders entitled to cast a greater number of votes, any such action shall be effective and valid if (i) declared advisable by the Board of Directors, and (ii) taken or approved by the affirmative vote of stockholders entitled to cast a majority of all the votes entitled to be cast on the matter.
Appears in 4 contracts
Samples: Voting and Support Agreement (Telos Corp), Voting and Support Agreement (Wynnefield Partners Small Cap Value Lp), Voting and Support Agreement (Wynnefield Partners Small Cap Value Lp)
