Common use of Voting by Trustee Clause in Contracts

Voting by Trustee. The Trustee shall have full power to vote for the election of Directors of the Corporation, on all matters that may require the vote of the Stockholders. If any question arises on which the Trustee desires the opinion of the Voting Trust Certificate Holders, a meeting may be called by the Trustee. At such meeting, the owners of majority in interest of the Voting Trust Certificates may indicate their preference to the Trustee.

Appears in 4 contracts

Samples: Voting Trust Agreement (Net LNNX Inc), Voting Trust Agreement (Net LNNX Inc), Voting Trust Agreement (Net LNNX Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!