Common use of Shareholders’ Quorum and Voting Rights Clause in Contracts

Shareholders’ Quorum and Voting Rights. The holders of a majority of the shares entitled to vote, present in person or represented by proxy, shall constitute a quorum at all meetings of the Shareholders, unless otherwise provided by law, but a lesser interest may adjourn any meeting from time to time until the requisite amount of voting shares shall be present. Each outstanding share of the Corporation’s capital stock shall entitle the holder of record to one vote. An affirmative vote of a majority of the shares represented at each meeting shall decide any question brought before it, unless the question is one upon which, by express provision of law, the Corporation’s Articles of Incorporation or these Bylaws, a larger or different vote is required, in which case such express provision shall govern and control the decision of such question.

Appears in 8 contracts

Samples: Equity Agreement, Equity Agreement (ViewRay, Inc.), Equity Agreement (ViewRay, Inc.)

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