03/28/2024 | Press release | Distributed by Public on 03/28/2024 14:15
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expressly providing that stockholder meetings may be held by means of remote communication;
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updating the provisions related to the officers of the Company, including (i) providing that the person holding the office of Chief Executive Officer shall also be the President of the Company, unless the Board designates different individuals for such roles and (ii) adding express language that the officers of the Company shall include a Chief Financial Officer and a Treasurer and articulating the duties of such officers;
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revising the Bylaws' indemnification provisions, including (i) adding to the types of indemnified proceedings, (ii) stating that an indemnitee's rights benefit any heirs, executors and administrators, (iii) expressly authorizing the Board to enter into indemnification contracts, and (iv) providing assurance that indemnification protections apply in the event that the related provisions are subsequently amended or repealed; and
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making certain administrative, modernizing, clarifying and conforming changes, including adopting gender-neutral terms and updates to the procedural provisions regarding stockholder lists, the inspector of elections, proxies and notice, and adjournment of stockholder meetings.
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