Common use of Quorum of and Action by Directors Clause in Contracts

Quorum of and Action by Directors. A majority of the directors in office shall constitute a quorum of the Board of Directors for the transaction of business; but a lesser number may adjourn from day to day until a quorum is present. Except as otherwise provided by law or in these Bylaws, all questions shall be decided by the vote of a majority of the directors present at a meeting at which a quorum is present.

Appears in 10 contracts

Samples: Plan of Merger (Green Mountain Capital Inc.), Merger Agreement (Human Biosystems Inc), Merger Agreement (Egpi Firecreek, Inc.)

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Quorum of and Action by Directors. A majority of the directors in --------------------------------- office shall constitute a quorum of the Board of Directors for the transaction of business; but a lesser number may adjourn from day to day until a quorum is present. Except as otherwise provided by law or in these Bylaws, all questions shall be decided by the vote of a majority of the directors present at a meeting at which a quorum is present.

Appears in 2 contracts

Samples: Merger Agreement (Atng Inc), Merger Agreement (Med X Systems Inc)

Quorum of and Action by Directors. A majority of the directors ----------------------------------- in office shall constitute a quorum of the Board of Directors for the transaction of business; but a lesser number may adjourn from day to day until a quorum is present. Except as otherwise provided by law or in these Bylaws, all questions shall be decided by the vote of a majority of the directors present at a meeting at which a quorum is present.

Appears in 2 contracts

Samples: Plan of Merger (International Development Corp), Merger Agreement (Marmion Industries Corp)

Quorum of and Action by Directors. A Unless a greater number is required by law or the Certificate of Incorporation, a majority of the directors in office shall constitute a quorum of the Board of Directors for the transaction of business; but a lesser number majority of the directors present at any meeting, whether there is a quorum or otherwise, may adjourn the meeting from day to day until a quorum is present. Except as otherwise provided by law law, the Certificate of Incorporation or in these Bylaws, all questions shall be decided by the vote of a majority of the directors present at a any meeting at which a quorum is presentpresent shall constitute the action of the Board of Directors.

Appears in 1 contract

Samples: Merger Agreement (Quest Resource Corp)

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Quorum of and Action by Directors. A majority of the directors in office shall constitute a quorum of the Board of Directors for the transaction of business; but a lesser number may adjourn from day to day until a quorum is present. Except as otherwise provided by law or in these Bylaws, all questions shall be decided by the vote of a majority of the directors present at a meeting at which a quorum is present.

Appears in 1 contract

Samples: Merger Agreement (Pride International Inc)

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