Common use of Required Vote of Parent Shareholders Clause in Contracts

Required Vote of Parent Shareholders. The affirmative vote of a majority of the votes eligible to be cast on the approval of this Agreement is required to approve this Agreement. The affirmative vote of a majority of the quorum is required to approve the Share Issuance and the Charter Amendment. No other vote of the shareholders of Parent is required by law, the Charter or By-Laws of Parent or otherwise in order for Parent to consummate the Merger and the transactions contemplated hereby.