Common use of Notice of Action by Shareholders on Bylaws Clause in Contracts

Notice of Action by Shareholders on Bylaws. In the case of a meeting of shareholders that has as one of its purposes adoption, amendment or repeal of these bylaws, written notice shall be given to each shareholder that the purpose, or one of the purposes, of the meeting is to consider the adoption, amendment or repeal of the bylaws. There shall be included in, or enclosed with, the notice a copy of the proposed amendment or a summary of the changes to be effected thereby.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Public Service Enterprise Group Inc), Agreement and Plan of Merger (Exelon Corp)

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Notice of Action by Shareholders on Bylaws. In the case of a meeting of shareholders that has as one of its purposes adoption, amendment or repeal of these action on the bylaws, written notice shall be given to each shareholder that the purpose, or one of the purposes, of the meeting is to consider the adoption, amendment or repeal of the these bylaws. There shall be included in, or enclosed with, the notice a copy of the proposed amendment or a summary of the changes to be effected thereby.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Marlin Business Services Corp), Agreement and Plan of Merger (Blue Ridge Real Estate Co)

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