Common use of By Stockholders Clause in Contracts

By Stockholders. All Bylaws of the Corporation shall be subject to alteration or repeal, and new Bylaws may be made, by a majority vote of the Stockholders at the time entitled to vote in the election of Directors even though these Bylaws may also be altered, amended or repealed by the Board of Directors.

Appears in 2 contracts

Sources: Assignment and Assumption of Stock and Consulting Agreements (Teen Glow Makeup, Inc.), Assignment and Assumption of Coal Agreement (Teen Glow Makeup, Inc.)

By Stockholders. All Bylaws bylaws of the Corporation shall be subject to alteration or repeal, and new Bylaws bylaws may be made, by a majority vote of the Stockholders votes cast by the shares at the time entitled to vote in the election of Directors even though these Bylaws may also be altered, amended or repealed by the Board of Directorsdirectors.

Appears in 1 contract

Sources: Agreement and Plan of Merger (McCormick & Schmicks Seafood Restaurants Inc.)