Common use of Approval or Ratification of Acts or Contracts by Stockholders Clause in Contracts

Approval or Ratification of Acts or Contracts by Stockholders. The Board of Directors in its discretion may submit any act or contract for approval or ratification at any annual meeting of the stockholders, or at any special meeting of the stockholders called for the purpose of considering any such act or contract, and any act or contract that shall be approved or be ratified by the vote of the stockholders holding a majority of the issued and outstanding shares of stock of the Company entitled to vote and present in person or by proxy at such meeting (provided that a quorum is present), shall be as valid and as binding upon the Company and upon all the stockholders as if it has been approved or ratified by every stockholder of the Company.

Appears in 14 contracts

Samples: Administrative Services Agreement (Egpi Firecreek, Inc.), Administrative Services Agreement (Strategic Partners Consulting LLC), Administrative Services Agreement (Redquartz Atlanta LLC)

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Approval or Ratification of Acts or Contracts by Stockholders. The Board of Directors in its discretion may submit any act or contract for approval or ratification at any annual meeting of the stockholders, or at any special meeting of the stockholders called for the purpose of considering any such act or contract, and any act or contract that shall be approved or be ratified by the vote of the stockholders holding a majority of the issued and outstanding shares of stock of the Company Corporation entitled to vote and present in person or by proxy at such meeting (provided that a quorum is present), ) shall be as valid and as binding upon the Company Corporation and upon all the stockholders as if it has been approved or ratified by every stockholder of the CompanyCorporation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Forest Oil Corp), Agreement and Plan of Merger (Quest Resource Corp)

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Approval or Ratification of Acts or Contracts by Stockholders. The Board of Directors in its discretion may submit any act or contract for approval or ratification at any annual meeting of the stockholders, or at any special meeting of the stockholders called for the purpose of considering any such act or contract, and any act or contract that shall be approved or be ratified by the vote of the stockholders holding a majority of the issued and outstanding shares of stock of the Company Corporation entitled to vote and present in person or by proxy at such meeting (provided that a quorum is present), shall be as valid and as binding upon the Company Corporation and upon all the stockholders as if it has been approved or ratified by every stockholder of the CompanyCorporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pride International Inc)

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