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This excerpt taken from the NDAQ 8-K filed Aug 26, 2009. Sec. 4.9 Quorum and Voting (a) At all meetings of the Board, unless otherwise set forth in these By-Laws or required by law, a quorum for the transaction of business shall consist of a majority of the Board. In the absence of a quorum, a majority of the Directors present may adjourn the meeting until a quorum be present. This excerpt taken from the NDAQ 8-K filed Jul 29, 2008. Sec. 4.9 Quorum and Voting (a) At all meetings of the Board, unless otherwise set forth in these By-Laws or required by law, a quorum for the transaction of business shall consist of a majority of the Board. In the absence of a quorum, a majority of the Directors present may adjourn the meeting until a quorum be present.
(b) Except as provided herein or by applicable law, the vote of a majority of the Directors present at a meeting at which a quorum is present shall be the act of the Board. | EXCERPTS ON THIS PAGE:
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