Requisite GALT Shareholder Approvals. The principal terms of this Agreement, the Agreement of Merger and the Merger shall have been approved and adopted by GALT's shareholders, as required by applicable law and GALT's Articles of Incorporation and Bylaws, and by GALT's Board of Directors and holders of the issued and outstanding shares of GALT capital stock representing at least ninety-three percent (93%) of the voting power of all issued and outstanding shares of GALT capital stock shall have duly and validly affirmatively voted to approve this Agreement, the Agreement of Merger and the Merger in accordance with all applicable laws.
