Common use of AMENDMENT BY SHAREHOLDERS Clause in Contracts

AMENDMENT BY SHAREHOLDERS. New Bylaws may be adopted, or these Bylaws may be amended or repealed by the vote or written consent of holders of a majority of the outstanding shares entitled to vote; provided, however, that if the articles of incorporation set forth the number of authorized directors, then the authorized number of directors may be changed only by an amendment of the articles of incorporation.

AMENDMENT BY SHAREHOLDERS. New Bylaws bylaws may be adopted, adopted or these Bylaws bylaws may be amended or repealed by the vote or written consent of holders of a majority of the outstanding shares entitled to vote; provided, however, that if the articles of incorporation of the corporation set forth the number of authorized directorsdirectors of the corporation, then the authorized number of directors may be changed only by an amendment of the articles of incorporation.

AMENDMENT BY SHAREHOLDERS. New Bylaws bylaws may be adopted, adopted or these Bylaws bylaws may be amended or repealed by the vote or written consent of holders of a majority of the outstanding shares entitled to vote; provided, however, that if the articles of incorporation of the corporation set forth the number of authorized directorsdirectors of the corporation, then the authorized number of directors may be changed only by an amendment of the articles of incorporation.