Common use of Controlling Provision Clause in Contracts

Controlling Provision. Notwithstanding any other provision hereof, as long as STC continues to only own non-voting securities in Smit▇ ▇▇▇uisition Company, the Board shall have no authority to direct or control the management of Smit▇ ▇▇▇uisition Company or television broadcast station WTOV-TV, Channel 9, Steubenville, Ohio.

Appears in 4 contracts

Sources: Executive Employment Agreement (STC Broadcasting Inc), Executive Employment Agreement (STC Broadcasting Inc), Executive Employment Agreement (STC Broadcasting Inc)