Common use of Shareholder Actions Clause in Contracts

Shareholder Actions. In order to effectuate the provisions of this Article 5, each Shareholder: (a) hereby agrees that when any action or vote is required to be taken by such Shareholder pursuant to this Agreement, such Shareholder shall use its, his or her reasonable best efforts to call, or cause the appropriate officers and directors of the Company to call, a Shareholders Meeting, or to execute or cause to be executed a Written Consent to effectuate such action of the members; (b) shall use its, his or her reasonable best efforts to cause the Board of Directors to adopt, either at a meeting of the Board of Directors or by unanimous written consent of the Board of Directors, all the resolutions necessary to effectuate the provisions of this Agreement; and (c) shall use its, his or her reasonable best efforts to cause the Board of Directors to cause the Secretary of the Company, or if there be no secretary, such other officer of the Company as the Board of Directors may appoint to fulfill the duties of Secretary, not to record any vote or consent contrary to the terms of this Article 5.

Appears in 4 contracts

Samples: Shareholders Agreement (O'Gara Group, Inc.), Shareholders Agreement (O'Gara Group, Inc.), Shareholders Agreement (O'Gara Group, Inc.)

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Shareholder Actions. In order to effectuate the provisions of this Article 5Agreement, each Shareholder: Shareholder (a) hereby agrees that when any action or vote is required to be taken by such Shareholder pursuant to this Agreement, such Shareholder shall use its, his or her its reasonable best efforts to call, or cause the appropriate officers and directors of the Company to call, a Shareholders Meeting, or to execute or cause to be executed a Written Consent to effectuate such action of the members; shareholder action, (b) shall use its, his or her its reasonable best efforts to cause the Board of Directors to adopt, either at a meeting of the Board of Directors or by unanimous written consent of the Board of Directors, all the resolutions necessary to effectuate the provisions of this Agreement; , and (c) shall use its, his or her its reasonable best efforts to cause the Board of Directors to cause the Secretary of the Company, or if there be no secretary, such other officer of the Company as the Board of Directors may appoint to fulfill the duties of Secretary, not to record any vote or consent contrary to the terms of this Article 5Agreement.

Appears in 2 contracts

Samples: Shareholders Agreement (General Atlantic LLC), Shareholders Agreement (A-Max Technology LTD)

Shareholder Actions. In order to effectuate the provisions of this Article 5Agreement, each Shareholder: Shareholder (a) hereby agrees that when any action or vote is required to be taken by such Shareholder pursuant to this Agreement, such Shareholder shall use its, his or her its reasonable best efforts to call, or cause the appropriate officers and directors managers of the Company to call, a Shareholders Meeting, or to execute or cause to be executed a Written Consent to effectuate such action of the members; Shareholder action, (b) shall use its, his or her its reasonable best efforts to cause the Board of Directors Managers to adopt, either at a meeting of the Board of Directors Managers or by unanimous written consent of the Board of DirectorsManagers, all the resolutions necessary to effectuate the provisions of this Agreement; , and (c) shall use its, his or her its reasonable best efforts to cause the Board of Directors Managers to cause the Secretary secretary of the Company, or if there be no secretary, such other officer of the Company as the Board of Directors Managers may appoint to fulfill the duties of Secretarysecretary, not to record any vote or consent contrary to the terms of this Article 5Agreement.

Appears in 1 contract

Samples: Shareholders Agreement (Genpact Investment Co. (Bermuda) LTD)

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Shareholder Actions. In order to effectuate the provisions of this Article 5Agreement, each Shareholder: Shareholder (a) hereby agrees that when any action or vote is required to be taken by such Shareholder pursuant to this Agreement, such Shareholder shall use its, his or her its reasonable best efforts to call, or cause the appropriate officers and directors of the Company to call, a Shareholders Meeting, or to execute or cause to be executed a Written Consent to effectuate such action of the members; shareholder action, (b) shall use its, his or her its reasonable best efforts to cause the Board of Directors to adopt, either at a meeting of the Board of Directors or by unanimous written consent of the Board of Directors, all the resolutions necessary to effectuate the provisions of this Agreement; , and (c) shall use its, his or her its reasonable best efforts to cause the Board of Directors to cause the Secretary of the Company, or if there be no secretary, such other officer of the Company as the Board of Directors may appoint to fulfill the duties of Secretary, not to record any vote or consent contrary to the terms of this Article 5Agreement.

Appears in 1 contract

Samples: Shareholders Agreement (Vimicro International CORP)

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