{"component": "clause", "props": {"groups": [{"snippet": "The following actions shall require the affirmative vote of a supermajority of the Managers then serving, subject only to the requirements of Section 7.5 below:\n(a) Amendments to the following sections of the Operating Agreement: Article I, 2.2, 2.4, 3.2, 3.3, 3.4, 3.5, 3.6, 4.1, 4.3, 5.1, 6.4, 7.1, 7.2, 7.3, 7.4, 7.5, 7.8, 8.1, Article X, 12.8, 12.13, and 12.14.\n(b) The designation of some or all of Net Operating Cash Flow as Reasonable Reserves;\n(c) Removal of a Manager;\n(d) Adoption of payment risk models for any managed care contract to which the Company is a party;\n(e) Expenditures not part of the approved operating or capital budgets, including any contingency amounts;\n(f) Approval of a contract with a health plan or other payer with which the Company has no contract, or the termination of an existing contract with a health plan or payer;\n(g) Contracting with a provider of health care services who/which is not a Member;\n(h) Borrowing by the Company in excess of $250,000,\n(i) Additional capital contributions;\n(j) Election of officers of the Company;\n(k) The selection or termination of the Company\u2019s Executive Director, except for appointment of an interim Executive Director which may be done by action of the Executive Committee with ratification at the Board of Managers at the next scheduled meeting;\n(l) A bankruptcy filing by the Company; and\n(m) Authorization, creation, designation, determination or issuance of any new class of Units, or securities convertible into Units, or the issuance of options or warrants to purchase Units. 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provided, however, that the foregoing restrictions shall not apply to: (A) the issuance of 7,750 Operating Company Shares issuable upon exercise of the warrant issued by the Operating Company to Jeff L. Hull, dated December 10, 2003, (B) the issuance of \u2587,\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 Company Shares issuable to Key Executives of the Operating Company pursuant to the exercise of stock options to be issued on or after date hereof having an exercise price per share equal to $1000, (C) the authorization of an option pool covering 5,250 Operating Company Shares issuable to Key Executives of the Operating Company pursuant to the exercise of stock options to be issued on or after date hereof (which stock option issuances shall be subject to the restrictions set forth in this Section 5.14(b)(i)) having an exercise price per share greater than $1,000; and (D) the formation of or issuance of any such securities of any wholly owned Subsidiary of the Operating Company to the Operating Company or any other wholly owned Subsidiary of the Operating Company;\n(ii) (A) the approval of any Annual Budget, (B) any material amendment to an Approved Annual Budget, or (C) except to the extent necessary to effect an acquisition consented to in accordance with (or permitted by) Section 5.14(b)(v) or Section 5.14(b)(vi), the authorization in any one Fiscal Year (but not on a monthly basis) of any capital or operating expenditure or series of capital or operating expenditures by the Company or any other Atrium Group Company exceeding $1,000,000 in the aggregate, unless expressly provided for in the Approved Annual Budget;\n(iii) the appointment, or renewal of appointment of, or removal of the independent auditors of any Atrium Group Company (which in any event shall be at all times a Big Four Firm);\n(iv) the making of any changes to or departures from the accounting policies, practices or principles of any Atrium Group Company, other than as required by GAAP, applicable law or listing requirements;\n(v) the making by the Atrium Group Companies of any Investment;\n(vi) the acquisition of (A) tangible or intangible assets (including the acquisition of an existing business from another Person, or (B) a Controlling interest in another Person that is not a wholly owned Subsidiary of an Atrium Group Company (whether in the form of equity securities, equity-linked securities, derivative securities or convertible securities (including any interests in any partnership or joint venture)), by one or more Atrium Group Companies, including any capital expenditure not included in the Approved Budget, for an acquisition price in respect of any single acquisition or series of related acquisitions in excess of $10,000,000 or an acquisition price in the aggregate for all such acquisitions in excess of $40,000,000 in any \"rolling\" three-year period commencing on the date hereof (taking into account for purposes of valuing any such acquisition or series of related acquisitions the amount of debt, if any, assumed by the applicable Atrium Group Company and the maximum amount of deferred or contingent consideration, if any, to be paid by it in connection with such acquisition); provided, however, that this Section 5.14(b)(vi) shall not apply to the acquisition of inventory in the ordinary course of business consistent with past practice;\n(vii) except as expressly permitted by Section 4.2, the declaration or making of any dividend on or with respect to any limited liability company interest or capital stock or other equity interest, as the case may be, of any Atrium Group Company or any other distribution to the Members or the stockholders of any Atrium Group Company of any assets or property of such Atrium Group Company, in each case other to the Operating Company or any of its wholly owned Subsidiaries;\n(viii) (A) the commencement of any legal action or any arbitration proceeding involving amounts in excess of $500,000 individually or otherwise material to any Atrium Group Company, or (B) the compromise or settlement of any legal action or any arbitration proceeding involving amounts in excess of $100,000 individually or otherwise material to any Atrium Group Company;\n(ix) (A) the designation, hiring, removal or replacement of any Key Executive, (B) the entry into an employment agreement with any Key Executive, or any amendment to, waiver, renewal or extension of, any material term of the employment agreement of such Key Executive (it being understood and agreed that any provision thereof relating to the compensation of such Key Executive shall be deemed material) or (C) the exercise of any right (but not the compliance with any obligation under) or the granting of any waiver under, any employment arrangement with any Key Executive entered into in compliance with this Agreement;\n(A) except pursuant to the Registration Rights Agreement, the registration of any of its securities under any applicable securities law or the consummation of any public offering of any of its securities; or (B) the adoption or implementation of any strategy (including decisions as to timing and pricing and the selection of a United States or foreign stock exchange or market) for purposes of the consummation of an underwritten public offering of its securities resulting in the admission or listing of its securities thereon (including a Qualified Public Offering);\n(xi) (A) (x) the amendment of, supplement to or waiver of any instrument evidencing, securing or otherwise relating to Indebtedness of the Operating Company or any of its Subsidiaries in excess of $1,000,000, or (y) the amendment of, supplement to or waiver of any instrument evidencing, securing or otherwise relating to Indebtedness of the Operating Company or any of its Subsidiaries lesser than $1,000,000 to the extent it would cause the Indebtedness of the Operating Company and its Subsidiaries on a consolidated basis to exceed $20,000,000; (B) (x) any incurrence after the date hereof by the Operating Company or any of its Subsidiaries of Indebtedness (including the drawing down on the existing credit facilities of the Operating Company or any of its Subsidiaries) exceeding at any time $20,000,000 on a consolidated basis, or (y) the amendment of, supplement to or waiver of any instrument evidencing, securing or otherwise relating to such Indebtedness; (C) the extension or refinancing of any Indebtedness of the Operating Company or any of its Subsidiaries, except in each case Indebtedness of the Operating Company or any of its wholly owned Subsidiaries owing to the Operating Company or such wholly owned Subsidiary, as the case may be;\n(xii) other than to the extent covered by Section 5.14(a)(viii), the direct or indirect sale, assignment, license, transfer or other disposition by the Atrium Group Companies of assets having a fair market value (taking into account, for purposes of valuing any such transaction the amount of debt, if any, assumed by the transferee and the maximum amount of deferred or contingent consideration, if any, to be received by the applicable seller), exceeding $10,000,000 in 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"addition-of-new-members", "type": "clause", "offset": [224, 247]}, {"key": "pursuant-to-article", "type": "clause", "offset": [248, 267]}, {"key": "amendment-of-the", "type": "clause", "offset": [355, 371]}, {"key": "suspension-of", "type": "clause", "offset": [416, 429]}, {"key": "issuance-of-bonds", "type": "clause", "offset": [475, 492]}, {"key": "other-forms", "type": "clause", "offset": [496, 507]}], "size": 3, "samples": [{"hash": "heG3hKHc8vQ", "uri": "/contracts/heG3hKHc8vQ#supermajority-approval", "label": "Joint Exercise of Powers Agreement", "score": 34.7634849548, "published": true}, {"hash": "fORW130epTG", "uri": "/contracts/fORW130epTG#supermajority-approval", "label": "Joint Exercise of Powers Agreement", "score": 34.560634613, "published": true}], "hash": "5054271e66649cad7887130774a8c1a7", "id": 3}, {"snippet": "The Company, the Manager and the Board of Directors shall not (and shall cause the Company\u2019s Subsidiaries not to) take any of the following actions unless Supermajority Approval is first obtained:\n(i) effecting the sale and transfer of all or substantially all of the assets of the Company (other than as part of a Drag-Along Sale);\n(ii) effecting the surrender or abandonment of any material part or parts of the Properties, including the area contemplated by Phase 1 and Phase 2;\n(iii) changing the business purpose of the Company;\n(iv) electing to permanently terminate the operations of the Project or to suspend operations or place the Project on care and maintenance; and\n(v) effecting any liquidation, insolvency, bankruptcy, creditors\u2019 protection or any other Insolvency Event.", "snippet_links": [{"key": "the-manager", "type": "clause", "offset": [13, 24]}, {"key": "the-board-of-directors", "type": "definition", "offset": [29, 51]}, {"key": "transfer-of", "type": "clause", "offset": [224, 235]}, {"key": "substantially-all-of-the-assets-of-the-company", "type": "definition", "offset": [243, 289]}, {"key": "a-drag", "type": 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transfer any Management Agreement with a Management Company (as further described in Section 7.1), or (ii) appoint, elect and/or approve any Management Company for purposes of rendering professional management services to the LLC; or\n(e) relocate the Surgery Center.\nA Member or Members holding eighty percent (80%) of the Units of the LLC may at any time vote to take any action described in this Section 6.10, in which case the Managers shall carry out any action so approved.", "snippet_links": [{"key": "members-holding", "type": "clause", "offset": [49, 64]}, {"key": "the-units", "type": "clause", "offset": [89, 98]}, {"key": "the-llc", "type": "clause", "offset": [102, 109]}, {"key": "the-managers", "type": "clause", "offset": [110, 122]}, {"key": "articles-of-organization", "type": "definition", "offset": [180, 204]}, {"key": "this-agreement", "type": "clause", "offset": [216, 230]}, {"key": "except-as-provided-in", "type": "clause", "offset": [246, 267]}, {"key": "all-or-substantially-all", "type": "clause", "offset": [322, 346]}, {"key": "related-transactions", "type": "definition", "offset": [382, 402]}, {"key": "management-agreement", "type": "definition", "offset": [475, 495]}, {"key": "management-company", "type": "definition", "offset": [503, 521]}, {"key": "section-71", "type": "clause", "offset": [547, 558]}, {"key": "for-purposes-of", "type": "clause", "offset": [622, 637]}, {"key": "services-to-the", "type": "clause", "offset": [672, 687]}, {"key": "surgery-center", "type": "definition", "offset": [713, 727]}, {"key": "member-or-members", "type": "definition", "offset": [731, 748]}, {"key": "at-any-time", "type": "clause", "offset": [806, 817]}, {"key": "any-action", "type": "definition", "offset": [831, 841]}], "size": 1, "samples": [{"hash": "bvJJZrjeP3x", "uri": "/contracts/bvJJZrjeP3x#supermajority-approval", "label": "Operating Agreement (Orion Healthcorp Inc)", "score": 18.0, "published": true}], "hash": "a642feca28f9fc2e9e3b85314bae3979", "id": 8}, {"snippet": "[IF YOU WANT TO OUTLINE ACTIONS THAT REQUIRE A SUPERMAJORITY APPROVAL, i.e. amending the OA, admitting or terminating members, changing the class of a member, approving or terminating aboard members, changing the profit distributions, dissolution; changing legal name of coop, etc., OUTLINE THEM HERE, AS WELL AS WHAT CONSTITUTES A SUPERMAJORITY APPROVAL] 3.6 Participating in Meetings by Phone or Proxy. [DESCRIBE WHETHER A MEMBER MAY PARTICIPATE IN MEETINGS VIA PHONE OR PROXY.]", "snippet_links": [{"key": "class-of", "type": "definition", "offset": [140, 148]}, {"key": "a-member", "type": "definition", "offset": [149, 157]}, {"key": "profit-distributions", "type": "clause", "offset": [213, 233]}, {"key": "legal-name", "type": "definition", "offset": [257, 267]}, {"key": "participating-in", "type": "definition", "offset": [360, 376]}, {"key": "by-phone", "type": "clause", "offset": [386, 394]}, {"key": "participate-in", "type": "definition", "offset": [436, 450]}], "size": 1, "samples": [{"hash": "kkRoD1ehXZj", "uri": "/contracts/kkRoD1ehXZj#supermajority-approval", "label": "Operating Agreement", "score": 25.1177272797, "published": true}], "hash": "b4f4da8ad7ef904221501472e5e760e4", "id": 7}, {"snippet": "The following matters shall ----------------------- require the vote, approval or consent of Members holding 66.67% of the Voting Interests and who are not otherwise the subject of Section 4.5: (a) any transfer of a Voting Interest other than a transfer of a Voting Interest (i) without a corresponding transfer of an Economic Interest, which transfer shall be subject to Section 4.9.3 or (ii) effected by virtue of the operation of Section 4.4.1; (b) any transfer of an Economic Interest other than a transfer of an Economic Interest (i) otherwise permitted under Article 7 or (ii) effected by virtue of the operation of Section 4.4.1; (c) a change in the business of the Company from that provided for in Section 2.6; (d) the admission of a new member to the Company except as otherwise permitted by Article 7, if such admission would result in a dilution of any Member's Economic Interest or Voting Interest; (e) a merger or consolidation of the Company or a sale of substantially all of the Company's assets; (f) any amendment of the Certificate or this Agreement that could have a material adverse effect on the Economic Interest or Voting Interest of a Member; (g) a decision to enter into a contract or other obligation involving an obligation on the part of the Company to pay or guarantee indebtedness of, or to provide services having a value or cost of, One Hundred Thousand Dollars ($100,000) or more; (h) a decision to compromise the obligation of a Member to make a Capital Contribution or return money or property paid or distributed in violation of the Act; (i) the declaration or making of any payment or distribution not contemplated by Article 6 (except to the extent prohibited by Section 6.7) or the prohibition of the declaration or making of any payment or distribution otherwise contemplated by Article 6; (j) the dissolution or winding up of the Company, including any decision to file a voluntary proceeding, or acquiesce to the filing of an involuntary proceeding, with respect to the Company under the federal Bankruptcy Code; (k) a decision to approve any annual business plan or budget for the Company; (l) a change in the location of the principal place of business of the Company; (m) the granting or permitting of access, to any Member not having Voting Interests, to the customer identification information of any Person to whom the Company provides products or services; (n) participation by the Company in the profits of any customer pool to be established by any Person to whom the Company provides products or services; (o) for a two year period after the execution of this Agreement, the approval of a new Chief Executive Officer of the Company other than \u2587\u2587\u2587\u2587; or (p) any other matter for which supermajority consent is specifically provided for in this Agreement. Prior to taking any action taken pursuant to an affirmative vote under subsections (e) or (j) above, the dissenting Members shall have the right to propose, within thirty (30) days of such vote, a more economically advantageous alternative to the proposed action. If such a proposal is made, the Members shall hold a meeting in accordance with Section 4.10 to discuss and vote on it. Notwithstanding this Section 4.9.1 or any other provision of this Agreement, the extension or renewal of the \u2587\u2587\u2587\u2587\u2587 Employment Agreement or the \u2587\u2587\u2587\u2587 Employment Agreement, on terms substantially the same as those included therein, may be undertaken by the Manager in its discretion.", "snippet_links": [{"key": "require-the", "type": "clause", "offset": [52, 63]}, {"key": "members-holding", "type": "clause", "offset": [93, 108]}, {"key": "voting-interests", "type": "clause", "offset": [123, 139]}, {"key": "subject-of", "type": "clause", "offset": [170, 180]}, {"key": "section-45", "type": "clause", "offset": [181, 192]}, {"key": "a-transfer-of-a", "type": "definition", "offset": [243, 258]}, {"key": "economic-interest", "type": "definition", "offset": [318, 335]}, {"key": "subject-to-section", "type": "clause", "offset": [361, 379]}, {"key": "operation-of", "type": "clause", "offset": [420, 432]}, {"key": "section-441", "type": "clause", 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"with-respect-to-the-company", "type": "clause", "offset": [1992, 2019]}, {"key": "federal-bankruptcy-code", "type": "definition", "offset": [2030, 2053]}, {"key": "to-approve", "type": "clause", "offset": [2070, 2080]}, {"key": "annual-business-plan", "type": "definition", "offset": [2085, 2105]}, {"key": "for-the-company", "type": "clause", "offset": [2116, 2131]}, {"key": "principal-place-of-business-of-the-company", "type": "clause", "offset": [2169, 2211]}, {"key": "information-of", "type": "clause", "offset": [2329, 2343]}, {"key": "any-person", "type": "definition", "offset": [2344, 2354]}, {"key": "products-or-services", "type": "clause", "offset": [2384, 2404]}, {"key": "company-in", "type": "clause", "offset": [2431, 2441]}, {"key": "year-period", "type": "definition", "offset": [2572, 2583]}, {"key": "execution-of-this-agreement", "type": "clause", "offset": [2594, 2621]}, {"key": "approval-of", "type": "clause", "offset": [2627, 2638]}, {"key": "executive-officer-of-the-company", "type": "definition", "offset": [2651, 2683]}, {"key": "other-matter", "type": "definition", "offset": [2712, 2724]}, {"key": "supermajority-consent", "type": "clause", "offset": [2735, 2756]}, {"key": "in-this-agreement", "type": "definition", "offset": [2786, 2803]}, {"key": "prior-to", "type": "clause", "offset": [2805, 2813]}, {"key": "action-taken", "type": "definition", "offset": [2825, 2837]}, {"key": "pursuant-to", "type": "clause", "offset": [2838, 2849]}, {"key": "affirmative-vote", "type": "definition", "offset": [2853, 2869]}, {"key": "dissenting-members", "type": "clause", "offset": [2910, 2928]}, {"key": "right-to", "type": "definition", "offset": [2944, 2952]}, {"key": "within-thirty", "type": "clause", "offset": [2962, 2975]}, {"key": "proposed-action", "type": "clause", "offset": [3052, 3067]}, {"key": "a-proposal", "type": "clause", "offset": [3077, 3087]}, {"key": "the-members", "type": "clause", "offset": [3097, 3108]}, {"key": "in-accordance-with", "type": "definition", "offset": [3130, 3148]}, {"key": "to-discuss", "type": "definition", "offset": [3162, 3172]}, {"key": "section-491", "type": "clause", "offset": [3210, 3223]}, {"key": "other-provision-of-this-agreement", "type": "clause", "offset": [3231, 3264]}, {"key": "extension-or-renewal", "type": "clause", "offset": [3270, 3290]}, {"key": "the-\u2587", "type": "clause", "offset": [3294, 3299]}, {"key": "agreement-or", "type": "definition", "offset": [3315, 3327]}, {"key": "by-the-manager", "type": "clause", "offset": [3436, 3450]}, {"key": "in-its-discretion", "type": "clause", "offset": [3451, 3468]}], "size": 1, "samples": [{"hash": "k67IJprFtci", "uri": "/contracts/k67IJprFtci#supermajority-approval", "label": "Limited Liability Company Agreement (Point West Capital Corp)", "score": 18.0, "published": true}], "hash": "10639c226446be579ad1195a5f2c3f36", "id": 5}, {"snippet": "The Stockholder Agreement further provides for supermajority approval of the voting holders of Common Stock of the Company for the Company to undertake specified actions, including, but not limited to, amending the Articles of Incorporation or Bylaws, appointing or removing the Company\u2019s independent accountant or changing accounting methods or policies other than as required by GAAP, effectuating a change of control of the Company, or elect or remove (with or without cause) any officer of the Company. The Company requires that a married investor provide a spousal consent pursuant to the Stockholders Agreement. Furthermore, certain married investors will be required to confirm the consent of their spouse pursuant to the Stockholders Agreement. Married investors in \u201ccommunity property states\u201d (Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin) are required to confirm the consent of their spouse to purchase the Company\u2019s securities. A spousal consent is important to the Company because in the event of dissolution of a marriage, or death of the investor with the spouse inheriting the securities in this Offering, the spouse taking possession of the shares will be bound by the terms of the Stockholders Agreement, providing certainty to the Company for the enforcement of the agreement. The Company requires that the spousal consent be provided to the Company within 15 days of confirmation of an investment in the Company. While non-receipt of a spousal consent may result in equitable remedies pursuant to the Stockholders Agreement, it is not a condition of the investment or being a stockholder of the Company. This means that investors whose shares are transferred by reason of dissolution of marriage or death of the investor may be in breach of the Stockholders Agreement if no spousal consent was provided to the Company. If we opposed a jury trial demand based on the waiver, a court would determine whether the waiver was enforceable based on the facts and circumstances of that case in accordance with the applicable state and federal law. To our knowledge, the enforceability of a contractual pre- dispute jury trial waiver in connection with claims arising under the federal securities laws has not been finally adjudicated by a federal court. However, we believe that a contractual pre-dispute jury trial waiver provision is generally enforceable, including under the laws of the State of Nevada, which governs the Subscription Agreement. In determining whether to enforce a contractual pre-dispute jury trial waiver provision, courts will generally consider whether the visibility of the jury trial waiver provision within the agreement is sufficiently prominent such that a party knowingly, intelligently and voluntarily waived the right to a jury trial. We believe that this is the case with respect to the Subscription Agreement. You should consult legal counsel regarding the jury waiver provision before entering into the Subscription Agreement. If you bring a claim against the Company in connection with matters arising under the Subscription Agreement or Stockholders Agreement, including claims under federal securities laws, you may not be entitled to a jury trial with respect to those claims, which may have the effect of limiting and discouraging lawsuits against us. If a lawsuit is brought against us under one of these agreements, it may be heard only by a judge or justice of the applicable trial court, which would be conducted according to different civil procedures and may result in different outcomes than a trial by jury would have had, including results that could be less favorable to the plaintiff(s) in such an action. Nevertheless, if this jury trial waiver provision is not permitted by applicable law, an action could proceed under the terms of the Subscription Agreement or Stockholders Agreement with a jury trial. No condition, stipulation or provision of the Subscription Agreement or Stockholders Agreement serves as a waiver by any holder of our shares or by us of compliance with any substantive provision of the federal securities laws and the rules and regulations promulgated under those laws.", "snippet_links": [{"key": "stockholder-agreement", "type": "definition", "offset": [4, 25]}, {"key": "approval-of", "type": "clause", "offset": [61, 72]}, {"key": "common-stock-of-the-company", "type": "definition", "offset": [95, 122]}, {"key": "for-the-company", "type": "clause", "offset": [123, 138]}, {"key": "specified-actions", "type": "clause", "offset": [152, 169]}, {"key": "not-limited", "type": "clause", "offset": [186, 197]}, {"key": "incorporation-or-bylaws", "type": "clause", "offset": [227, 250]}, {"key": "independent-accountant", "type": "definition", "offset": [289, 311]}, {"key": "accounting-methods", "type": "definition", "offset": [324, 342]}, {"key": "as-required-by", "type": "clause", "offset": [366, 380]}, {"key": "a-change-of-control-of-the-company", "type": "clause", "offset": [400, 434]}, {"key": "with-or-without-cause", "type": "clause", "offset": [456, 477]}, {"key": "officer-of-the-company", "type": "definition", "offset": [483, 505]}, {"key": "provide-a", "type": "definition", "offset": [552, 561]}, {"key": "to-the-stockholders-agreement", "type": "clause", "offset": [587, 616]}, {"key": "consent-of", "type": "clause", "offset": [689, 699]}, {"key": "community-property-states", "type": "clause", "offset": [775, 800]}, {"key": "new-mexico", "type": "definition", "offset": [850, 860]}, {"key": "to-the-company", "type": "definition", "offset": [1017, 1031]}, {"key": "event-of-dissolution", "type": "definition", "offset": [1047, 1067]}, {"key": "the-investor", "type": "clause", "offset": [1095, 1107]}, {"key": "the-securities", "type": "definition", "offset": [1135, 1149]}, {"key": "the-shares", "type": "clause", "offset": [1200, 1210]}, {"key": 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"Approval by the Board"], ["authority-approval", "Authority; Approval", "Authority; Approval"], ["city-approval", "City Approval", "City Approval"], ["hsr-approval", "HSR Approval", "HSR Approval"]], "related_snippets": [], "updated": "2026-02-07T05:29:46+00:00", "also_ask": ["What percentage threshold best balances minority protection and decision-making efficiency?", "How can parties prevent deadlock or abuse of supermajority rights?", "What key decisions should require supermajority versus simple majority approval?", "How have courts interpreted ambiguous supermajority provisions in disputes?", "What drafting language ensures enforceability and minimizes loopholes?"], "drafting_tip": "Specify the exact percentage required for supermajority approval to prevent interpretive disputes; identify which decisions require supermajority to clarify intent; define the voting group to ensure enforceability.", "explanation": "The Supermajority Approval clause requires that a decision or action be approved by a specified large percentage of stakeholders, typically more than a simple majority, such as two-thirds or three-quarters. This clause is commonly applied to significant corporate actions like amending bylaws, approving mergers, or making major financial decisions, ensuring that such actions cannot proceed without broad consensus among the decision-makers. Its core function is to protect minority interests and prevent major changes from being made without substantial agreement, thereby promoting stability and careful deliberation in organizational governance."}, "json": true, "cursor": ""}}