Common use of Cumulative Voting Clause in Contracts

Cumulative Voting. As promptly as practicable following the Closing Date, the Company shall amend its Articles of Incorporation, Code of Regulations or Bylaws, as the case may be, to eliminate cumulative voting in the election of directors.

Appears in 4 contracts

Sources: Voting Agreement (Turkey Vulture Fund Xiii LTD), Voting Agreement (Ceres Group Inc), Stock Purchase Agreement (Central Reserve Life Corp)

Cumulative Voting. As promptly as -2- 74 practicable following the Closing Date, the Company shall amend its Articles of Incorporation, Code of Regulations or Bylaws, as the case may be, to eliminate cumulative voting in the election of directors.

Appears in 1 contract

Sources: Stock Purchase Agreement (Central Reserve Life Corp)