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 of the holders of all of the shares entitled to vote for the election of the directors of the corporation, the business and affairs of the corporation shall be managed by or under the direction of the Board of Directors.

Appears in 5 contracts

Samples: And Shareholder Control Agreement (Rural Cellular Corp), Rural Cellular Corp, Rural Cellular Corp

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

Appears in 1 contract

Samples: And Shareholder Control Agreement (Multiband Field Services Inc)

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

Appears in 1 contract

Samples: Vicom Inc

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