Common use of noticed Clause in Contracts

noticed. At each meeting of stockholders each holder of record of shares of capital stock then entitled to vote shall be entitled to vote in person, or by proxy appointed by instrument executed in writing by such stockholders or by his duly authorized attorney; but no proxy shall be valid after the expiration of eleven months from the date of its execution unless the stockholder executing it shall have specified therein the length of time it is to continue in force, which shall be for some specified period. At all elections of directors each holder of record of shares of capital stock then entitled to vote, shall be entitled to as many votes as shall equal the number of votes which (except for such provision) he would be entitled to cast for the election of directors with respect to his shares of stock multiplied by the number of directors to be elected and he may cast all such votes for a single director or may distribute them among the number to be voted for, or any two or more of them, as he may see fit. Except as otherwise provided by law or by the Certificate of Incorporation, each holder of record of shares of capital stock entitled to vote at any meeting of stockholders shall be entitled to one vote for every share of capital stock standing in his name on the books of the Corporation. Shares of capital stock of the Corporation belonging to the Corporation or to a corporation controlled by the Corporation through stock ownership or through majority representation on the board of directors thereof, shall not be voted. All elections shall be determined by a plurality vote, and, except as otherwise provided by law or by the Certificate of Incorporation all other matters shall be determined by a vote of the holders of a majority of the shares of the capital stock present or represented at a meeting and voting on such questions.

Appears in 2 contracts

Sources: By Laws (Gpu Inc /Pa/), By Laws (Gpu Inc /Pa/)

noticed. At each meeting of stockholders each holder of record of shares of capital stock then entitled to vote shall be entitled to vote in person, or by proxy appointed by instrument executed in writing by such stockholders stockholder or by his duly authorized attorney; but no proxy shall be valid after the expiration of eleven months from the date of its execution unless the stockholder executing it shall have specified therein the length of time it is to continue in force, which shall be for some specified period. At all elections of directors each holder of record of shares of capital stock then entitled to vote, shall be entitled to as many votes as shall equal the number of votes which (except for such provision) he would be entitled to cast for the election of directors with respect to his shares of stock multiplied by the number of directors to be elected elected, and he may cast all such votes for a single director or may distribute them among the number to be voted for, or any two or more of them, as he may see fit. Except as otherwise provided by law or by the Certificate Articles of Incorporation, as amended, each holder of record of shares of capital stock entitled to vote at any meeting of stockholders shall be entitled to one vote for every share of capital stock standing in his name on the books of the Corporation. Shares of capital stock of the Corporation Corporation, belonging to the Corporation or to a corporation controlled by the Corporation through stock ownership or through majority representation on the board of directors thereof, shall not be voted. All elections shall be determined by a plurality vote, and, except as otherwise provided by law or by the Certificate Articles of Incorporation Incorporation, as amended, all other matters shall be determined by a vote of the holders of a majority of the shares of the capital stock present or represented at a meeting and voting on such questions.

Appears in 1 contract

Sources: By Laws (Gpu Inc /Pa/)