Common use of Vote Required for Board Action; Board Quorum Clause in Contracts

Vote Required for Board Action; Board Quorum. (a) Except as provided in this Section 4.2 and in Section 4.7, any determination or other action of or by the Board (other than action by unanimous written consent in lieu of a meeting) shall require the affirmative vote or consent, at a meeting at which a quorum is present, of a majority of directors present at such meeting.

Appears in 11 contracts

Samples: Stockholder Agreement, Stockholder Agreement (BlackRock Inc.), Stockholder Agreement (BlackRock Inc.)

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Vote Required for Board Action; Board Quorum. (a) Except as otherwise provided in this Section 4.2 and in Section 4.73.4, any determination or other action of or by the Board (other than action by unanimous written consent in lieu of a meeting) shall require the affirmative vote or consent, at a meeting at which a quorum is present, of a majority of directors Directors present at such meeting.

Appears in 3 contracts

Samples: Stockholder Agreement (Rite Aid Corp), Stockholder Agreement (Rite Aid Corp), Stockholder Agreement (Jean Coutu Group (PJC) Inc.)

Vote Required for Board Action; Board Quorum. (a) Except as provided in this Section 4.2 and in Section 4.7, any determination or other action of or by the Board (other than action by unanimous written consent in lieu of a meeting) shall require the affirmative vote or consent, at a meeting at which a quorum is present, of a majority of directors Directors present at such meeting.

Appears in 2 contracts

Samples: Implementation and Stockholder Agreement (BlackRock Inc.), Implementation and Stockholder Agreement (Blackrock Inc /Ny)

Vote Required for Board Action; Board Quorum. (a) Except as provided in this Section 4.2 and in Section 4.7, any Any determination or other action of or by the Board (other than action by unanimous written consent in lieu of a meeting) shall require the affirmative vote or consent, at a meeting at which a quorum is present, of a majority of directors Directors present at such meeting. A quorum for any meeting of the Board shall require the presence of a majority of the total number of Directors then in office.

Appears in 2 contracts

Samples: Shareholders Agreement (Tang Hsiang Chien), Stock Purchase Agreement (TTM Technologies Inc)

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Vote Required for Board Action; Board Quorum. (a) Except as provided in this Section 4.2 and in Section 4.7, any Any determination or other action of or by the Board (other than action by unanimous written consent in lieu of a meeting) shall require the affirmative vote or consent, at a meeting at which a quorum is present, of a majority of directors present at such meeting, including a majority of the Class B Directors present at such meeting.

Appears in 2 contracts

Samples: Stockholders Agreement (Toronto Dominion Bank), Stockholders Agreement (Banknorth Group Inc/Me)

Vote Required for Board Action; Board Quorum. (a) Except as provided in this Section 4.2 and in Section 4.7, any Any determination or other action of or by the Board (other than action by unanimous written consent in lieu of a meeting) shall require the affirmative vote or consent, at a meeting at which a quorum is present, of a majority of directors Directors present at such meeting. A quorum for any meeting of the Board shall require the presence of a majority of the total number of Directors then in office (including the presence of at least one Outside Director).

Appears in 2 contracts

Samples: Shareholders Agreement (Tang Hsiang Chien), Shareholders Agreement (TTM Technologies Inc)

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