Common use of General Meeting Clause in Contracts

General Meeting. 1. The General Meeting is governed by applicable legislation, the By-laws and the General Meeting's Regulations. 2. The shareholders called to a General Meeting may decide by simple majority of the votes of shareholders present or represented in the Meeting, except in cases where the law or these By-laws stipulate qualified majorities, on matters of their concern that legally fall within the General Meeting's competence. 3. All shareholders, including those who vote against resolutions and those who did not take part in the meeting, will be subject to the resolutions by the General Meeting, notwithstanding the rights and actions to which they are entitled by law.

General Meeting. 1. The General Meeting is governed by applicable legislation, the By-laws and the General Meeting's Regulations. 2. The shareholders called to a General Meeting may decide by simple majority of the votes of shareholders present or represented in the Meetinga majority, except in cases where the law or these By-laws stipulate qualified majorities, on matters of their concern that legally fall within the General Meeting's competence. 3. All shareholders, including those who vote against resolutions and those who did not take part in the meeting, will be subject to the resolutions by the General Meeting, notwithstanding the rights and actions to which they are entitled by law.