Common use of Additional Voting Powers and Voting Requirements for Certain Actions Clause in Contracts

Additional Voting Powers and Voting Requirements for Certain Actions. (a) Notwithstanding any other provision of this Agreement, the Shareholders shall have power to vote to approve any amendment to Article VIII of this Agreement that would have the effect of reducing the indemnification provided thereby to Covered Persons or to Shareholders or former Shareholders, and any such action shall require the affirmative vote or consent of Shareholders owning at least sixty-six and two-thirds percent (66 2/3%) of the Outstanding Shares. (b) The removal of one or more Trustees by the Shareholders shall require the affirmative vote or consent of Shareholders owning at least sixty-six and two-thirds percent (66 2/3%) of the Outstanding Shares. (c) Notwithstanding any other provision of this Agreement, any amendment to this Article VI shall require the affirmative vote or consent of Shareholders owning at least sixty-six and two-thirds percent (66 2/3%) of the Outstanding Shares, unless such amendment has been previously approved, adopted or authorized by the affirmative vote of two thirds (66 2/3%) of the Board, in which case an affirmative Majority Shareholder Vote of the Outstanding Shares shall be required. (d) The voting requirements set forth in this Section 6.2 shall be in addition to, and not in lieu of, any vote or consent of the Shareholders otherwise required by applicable law (including, without limitation, any separate vote by class that may be required by the ▇▇▇▇ ▇▇▇) or by this Agreement.