Common use of Majority Rule Clause in Contracts

Majority Rule. A majority of the members of the Committee shall constitute a quorum, and any action taken by a majority at a meeting at which a quorum is present, or any action taken without a meeting evidenced by a writing executed by all the members of the Committee, shall constitute the action of the Committee.

Appears in 2 contracts

Samples: Stock Option Agreement (Aptera Motors Corp), Vmware, Inc.

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Majority Rule. A majority of the members of the Committee shall constitute a quorum, and any action taken by a majority present at a meeting at which a quorum is present, present or any action taken without a meeting evidenced by a writing executed by all the members a majority of the Committee, whole Committee shall constitute the action of the Committee.

Appears in 1 contract

Samples: Alpha Natural Resources, Inc.

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Majority Rule. A majority of the members of the Committee shall -------------- constitute a quorum, and any action taken by a majority at a meeting at which a quorum is present, or any action taken without a meeting evidenced by a writing executed by all the members of the Committee, shall constitute the action of the Committee.

Appears in 1 contract

Samples: Stock Option Agreement (American Bingo & Gaming Corp)

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