Common use of Amendment to Bylaws Clause in Contracts

Amendment to Bylaws. As soon as practible but in no event later than 45 days from the date of this Agreement, the Company shall amend its Bylaws to decrease the number of directors to 5. Notwithstanding the foregoing, the parties hereto shall agree to extend the time limitation as a result of a review by the Commission of the Company's Schedule 14C Information.

Appears in 2 contracts

Samples: Settlement and Release Agreement (Tangible Asset Galleries Inc), Settlement and Release Agreement (Tangible Asset Galleries Inc)

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Amendment to Bylaws. As soon as practible practicable but in no event later than 45 days from the date of this Agreement, the Company shall amend its Bylaws to decrease the number of directors to 5. Notwithstanding the foregoing, the parties hereto shall agree to extend the time limitation as a result of a review by the Commission of the Company's Schedule 14C Information.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Stronghold Technologies Inc), Securities Purchase Agreement (TDT Development Inc)

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