Common use of Method of Resolution Clause in Contracts

Method of Resolution. Except for the matters provided for in the preceding Article 13 and except as otherwise provided for in the laws or government laws and regulations, any resolutions of a general meeting of shareholders shall be adopted by a majority vote at a meeting at which shareholders holding shares representing of more than one half of the total number of the issued shares are present.

Appears in 2 contracts

Sources: Joint Venture Agreement (Netsource Communications Inc), Joint Venture Agreement (Netsource Communications Inc)