Common use of Ordinary Resolution Clause in Contracts

Ordinary Resolution. So long as a quorum is present throughout the meeting of the holders of the Shares in accordance with clause 7.2, subject to clause 7.4, a simple majority vote of those present and voting suffices to pass an ordinary resolution.

Appears in 1 contract

Sources: Shareholders’ Agreement (WaferGen Bio-Systems, Inc.)

Ordinary Resolution. So long as a quorum is present throughout the meeting of the holders of the Shares in accordance with clause 7.2, subject to clause 7.4, a simple majority vote of those present and voting suffices to pass an ordinary resolution.. Page | 8

Appears in 1 contract

Sources: Shareholders’ Agreement

Ordinary Resolution. So long as a quorum is present throughout the meeting of the holders of the Shares Shareholders in accordance with clause 7.2, subject to clause 7.4, a simple majority vote of those present and voting suffices to pass an ordinary resolution.

Appears in 1 contract

Sources: Share Subscription and Shareholders’ Agreement (WaferGen Bio-Systems, Inc.)