Common use of General Purposes Clause in Contracts

General Purposes. Except as authorized by the shareholders pursuant to a shareholder control agreement or unanimous affirmative vote, the business and affairs of the corporation shall be managed by or shall be under the direction of the Board of Directors.

General Purposes. Except as authorized by the shareholders pursuant to a shareholder control agreement or unanimous affirmative vote of all shareholders entitled to vote, the business and affairs of the corporation shall be managed by or shall be under the direction of the Board of Directors.