Common use of QUORUM AND MAJORITY ACTION Clause in Contracts

QUORUM AND MAJORITY ACTION. A majority of the members of the Committee shall constitute a quorum for the transaction of business, and the vote of a majority of the members present at any meeting will decide any question brought before that meeting. In addition, the Committee may decide any question by a vote, taken without a meeting, of a majority of its members.

Appears in 19 contracts

Samples: 401(k) Savings Investment Plan (Furmanite Corp), 401(k) Savings Plan (Mens Wearhouse Inc), 401(k) Savings Investment Plan Amendment (Furmanite Corp)

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QUORUM AND MAJORITY ACTION. A majority of the members of the Committee shall constitute constitutes a quorum for the transaction of business, and the . The vote of a majority of the members present at any meeting will shall decide any question brought before that meeting. In addition, the Committee may decide any question by a vote, taken without a meeting, of a majority of its membersmembers via telephone, computer, fax or any other media of communication.

Appears in 1 contract

Samples: Employee Stock Discount Plan (Mens Wearhouse Inc)

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