B Shareholders definition
Examples of B Shareholders in a sentence
This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class B Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees.
The Trustees shall have sole discretion in determining whether such increase in expenses is submitted to a vote of the Class B Shareholders.
This Plan may not be amended to increase materially the amount of payments to be made without approval of the Class B Shareholders, in the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent Trustees.
The Trustees shall have sole discretion in determining whether such amendment or adoption is submitted to a vote of the Class B Shareholders.
In addition to any other approvals required by Law, the rights, privileges, restrictions and conditions attached to the Class B Shares as a class may be added to, changed or removed but only with the approval of the Class B Shareholders given as hereinafter specified.