NDAQ » Topics » Board Action with Respect to Voting Limitations of the Certificate of Incorporation

This excerpt taken from the NDAQ 8-K filed Aug 3, 2006.

Board Action with Respect to Voting Limitations of the Certificate of Incorporation

Sec. 12.5 For so long as the Corporation shall control, directly or indirectly, The NASDAQ Stock Market, LLC, a resolution of the Board to approve an exemption for any person under Article Fourth, Section C.6(b) of the Restated Certification Incorporation of the By-Laws shall not be permitted to become effective until such resolution has been filed with and approved by the Commission under Section 19 of the Act.

 

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