Common use of Majority Vote of Trustees Clause in Contracts

Majority Vote of Trustees. All action by the Trustees shall be by majority decision of the Employer and Union Trustees. Such majority vote shall govern not only this Article but any portion of this Agreement and Declaration of Trust which refers to action by the Trustees. In the event any matter presented for decision cannot be decided because of a tie vote, or be- cause of the lack of a quorum at two consecutive meetings, the matter may then be submitted to arbitration as hereinafter provided.

Appears in 2 contracts

Samples: Bakery And, Bakery And

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Majority Vote of Trustees. All action by the Trustees shall be by majority decision of the Employer and Union Trustees. Such majority vote shall govern not only this Article but any portion of this Agreement and Declaration of Trust which refers to action by the Trustees. In the event any matter presented for decision cannot be decided because of a tie vote, or be- cause because of the lack of a quorum at two consecutive meetings, the matter may then be submitted to arbitration as hereinafter provided.

Appears in 2 contracts

Samples: Agreement and Declaration, Bakery And

Majority Vote of Trustees. All action by the Trustees shall be by majority decision of the Employer and Union Trusteesthose voting. Such majority vote shall govern not only this Article but any portion of this Trust Agreement and Declaration of Trust which refers to action by the Trustees. In the event any matter presented for decision cannot be decided because of a tie vote, or be- cause of the lack of a quorum at two consecutive meetings, the matter may then be submitted to shall remain in status quo, pending arbitration as hereinafter providedset forth in Article IX hereof.

Appears in 2 contracts

Samples: Agreement and Declaration, Agreement and Declaration

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Majority Vote of Trustees. All Except as otherwise provided herein, all action by of the Trustees shall be by majority decision of the Employer and Union Trusteesdecision. Such majority vote shall govern not only this Article Article, but any portion of this Restated Agreement and Declaration of Trust which refers to action by the Trustees, unless otherwise provided. In the event any matter presented for decision cannot be decided because of a tie vote, or be- cause or, because of the a lack of a quorum at two consecutive (2) successive meetings, the matter may then shall be submitted to arbitration addressed as hereinafter provideddescribed in Section 2 of Article III.

Appears in 1 contract

Samples: Agreement and Declaration

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