Common use of Majority Vote Clause in Contracts

Majority Vote. All actions to be taken by the Management Committee shall require the affirmative vote of at least two (2) of the three (3) Managers.

Appears in 3 contracts

Samples: Operating Agreement (Patriot Scientific Corp), Operating Agreement (Patriot Scientific Corp), Commercialization Agreement (Patriot Scientific Corp)

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Majority Vote. All actions to be taken by the Management Committee shall require the affirmative vote of at least two (2) of the three (3) Managers.)

Appears in 1 contract

Samples: Limited Liability (Patriot Scientific Corp)

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