Common use of Supermajority Vote Clause in Contracts

Supermajority Vote. Sections 1.02(a), 4.01(b), 4.03(a) and (b), 4.04, 4.05, 4.08 (but only with respect to the alteration or repeal of the last sentence thereof, or a change to the bylaws having substantially the same effect), 4.12(c), 5.01(a), 5.06(b), 5.07 and 5.08 and this Section 9.07(b) may be altered or repealed only by a vote of 80% of the Whole Board.

Appears in 2 contracts

Sources: Merger Agreement (Exelon Corp), Merger Agreement (Public Service Enterprise Group Inc)