Matters Requiring Approval of the Board. The business and affairs of the Company shall be managed by the Board as described in Section 141 of the Delaware General Corporation Law. Without limiting the generality of the preceding sentence, the Company shall not take any of the following actions without the prior approval of at least a majority of votes cast by the Board approving such actions and as provided in the Company’s Bylaws:
Appears in 2 contracts
Samples: Shareholders’ Agreement (Apollo Group Inc), Shareholders’ Agreement (Apollo Group Inc)
Matters Requiring Approval of the Board. The business and affairs of the Company shall be managed by the Board as described in Section 141 of the Delaware General Corporation Law. Without limiting the generality of the preceding sentence, the Company shall not take any of the following actions without the prior approval of at least a majority of votes cast by the Board approving such actions of Directors and as provided in the Company’s Bylaws:
Appears in 2 contracts
Samples: Shareholders’ Agreement (Apollo Group Inc), Registration Rights Agreement (Apollo Group Inc)
