Common use of Action by Stockholders Clause in Contracts

Action by Stockholders. When a quorum is present at any meeting, the vote of the holders of a majority of the stock having voting power present in person or represented by proxy shall decide any question brought before such meeting, unless the question is one upon which by express provision of these By-laws, applicable law, or of the Certificate of Incorporation, a different vote is required, in which case such express provision shall govern and control the decision of such question.

Appears in 3 contracts

Samples: Preferred Stock Purchase Agreement (Computer Software Innovations Inc), First Amendment (Computer Software Innovations Inc), Agreement and Plan of Merger (Computer Software Innovations Inc)

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Action by Stockholders. When a quorum is present at any meeting, the vote of the holders of a majority of the stock having voting power votes cast at such meeting, whether by stockholders who are present in person or represented by proxy proxy, shall decide any question brought before such meeting, unless the question is one upon which which, by express provision of these By-laws, applicable law, the General Corporation Law of the State of Delaware or of the Certificate of Incorporation, a different vote is required, required in which case such express provision shall govern and control the decision of such question.

Appears in 1 contract

Samples: Subscription and Reorganization Agreement (Horseshoe Gaming Holding Corp)

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