Common use of Certain Modifications Clause in Contracts

Certain Modifications. Notwithstanding anything to the contrary contained in these By-laws, until July 1, 2001, the following actions taken either directly or indirectly by the Board of Directors shall, when a quorum is present, require the affirmative vote of not less than seventy-five percent of the directors voting at a meeting for which proper notice of the actions taken was duly given: (i) any change in the size of the Board of Directors or in the size of any class of directors; (ii) any change in the composition or power and authority of the Executive Committee of the Board of Directors or the chairmanship thereof; (iii) any change or amendment to these By-laws; and (iv) any proposals to be submitted to the stockholders of the Corporation by the Board of Directors. From and after July 1, 2001, any of the actions set forth in clauses (i) through (iv) of the immediately preceding sentence may be taken upon the affirmative vote of the number of directors which shall constitute, under the terms of these By-laws, the action of the Board of Directors.