Common use of Quorum of Directors Clause in Contracts

Quorum of Directors. A majority of the board of directors shall constitute a quorum for the transaction of business. The act of the majority of the directors present at a meeting at which a quorum is present shall be the act of the board of directors.

Appears in 5 contracts

Samples: Dp Charters Inc/Ca, Marketcentral Net Corp, Marketcentral Net Corp

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Quorum of Directors. A majority of the board Board of directors Directors shall constitute a quorum for the transaction of business. The act of the majority of the directors present at a meeting at which a quorum is present shall be the act of the board Board of directorsDirectors.

Appears in 1 contract

Samples: Written Agreement (Tsecrp Inc)

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