Examlex
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Majority Vote
A voting requirement where more than half of the votes cast by individuals entitled to vote are needed to make a decision or pass a resolution.
Shareholders
Individuals or entities that own shares in a corporation, giving them the right to vote on corporate matters and receive dividends.
Director Serve
The role or term during which an individual serves on a board of directors for an organization or corporation.
Corporate Directors
Individuals elected by shareholders to manage a corporation's affairs and make major decisions.
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