Common use of Subclasses Clause in Contracts

Subclasses. Each Class will determine the need for diversity within the Class (e.g., geographic, stakeholder issues, etc.) which may lead to the establishment of subclasses. A Class may subdivide into up to three subclasses. Each Class shall determine to establish or discontinue its subclasses, if any, by majority vote of the members in the Class.

Appears in 4 contracts

Samples: Delegation Agreement, Delegation Agreement, Delegation Agreement

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