ACTION OF THE BOARD. Except for the reference in Section 1(a), any reference in this Agreement to the Board shall include the Compensation Committee thereof and any officers of the Company to which the Board or the Compensation Committee thereof has by resolution delegated any explicit authority or responsibilities with respect to this Agreement.
ACTION OF THE BOARD. Except as otherwise specified in this Agreement, any action of the Board shall require a vote of a majority of the Board.
ACTION OF THE BOARD. In the event that the disability of the Superintendent is a Long Term or Permanent Disability, as defined in subparagraph (b) of this paragraph, the Board, may, in its discretion, and upon a redetermination of Long Term or Permanent Disability under subparagraph (c), terminate this Contract by providing the Superintendent with written notice of such termination.
ACTION OF THE BOARD. The vote of a majority of the Managers present in person shall be required for approval of any action taken at a meeting of the Board at which a quorum is present in person.
ACTION OF THE BOARD. All actions of the Board shall require the affirmative vote of at least a majority of the Board. Any action required or permitted to be taken at any meeting of the Board may be taken without a meeting if a consent in writing, setting forth the actions so taken, shall be signed by all of the then-appointed Managers. A copy of any such written consent will be kept in the books and records of the Company and shall be provided to any member of the Board promptly upon request.
ACTION OF THE BOARD. A majority of the total number of votes on the Board shall be required for a Board action.
ACTION OF THE BOARD. (a) At all meetings of the Board and in case of any actions of the Board, a majority of the votes of the directors elected at the time of the vote shall be an act of the Board; provideD, however, that for purposes of such meetings and actions of the Board, (i) each Common Director shall have one (1) vote and (ii) for the Class A Director(s), (w) in the event the holders of the Class A Common Stock have elected one (1) Class A Director at the time of the vote, such Class A Director shall have four (4) votes; (x) in the event the holders of the Class A Common Stock have elected two (2) Class A Directors at the time of the vote, each Class A Director shall have two (2) votes; (y) in the event the holders of the Class A Common Stock have elected three (3) Class A Directors at the time of the vote, the Class A Director first elected (or first nominated in the event that the three (3) Class A Directors were elected simultaneously) shall have two (2) votes and the other Class A Directors shall have one (1) vote each; and (z) in the event the holders of the Class A Common Stock have elected four (4) Class A Directors at the time of the vote, each such Class A Director shall have one (1) vote.
ACTION OF THE BOARD. Except as otherwise provided in this Agreement or expressly agreed by a majority of Managers, all actions of the Board require the vote or consent of a majority of the Managers.
ACTION OF THE BOARD. The Shareholders agree that each will take all actions as a member of the Board of Directors of the Ets. Brancher or the Companies in accordance with the terms of this Restructure Agreement and the Amended Venture Agreement consistent with the terms set forth in the Company Statutes of Ets. Brancher or the Companies and applicable laws.
ACTION OF THE BOARD
