Univar Solutions Inc.
Extract: Bylaws Amended/Restated (Plain English Desc) from a 8-K on 08/22/2019   Download
SEC Document
SEC Filing
On August 21, 2019, the Board approved amended and restated bylaws (as amended, the “Third Amended and Restated Bylaws”) of the Company, which will become effective September 1, 2019, to, among other things:
reflect the name change;

require enhanced disclosure in stockholder proposals and nominations by both the proposing stockholder and the nominee, including director and officer questionnaires, disclosures of voting commitments and “golden leash” compensation arrangements, representations that any nominee intends to serve as a director for the full term and will comply with all Board policies and enhanced disclosure of derivative interests;

consolidate a previously-approved proxy access provision into the bylaws and amending the provision to align the information requirements with the advance notice provision and provide that the maximum number of stockholder nominees be reduced by any directors or nominees serving or nominated pursuant to an agreement with an investor;

specify that assistant secretaries and assistant treasurers can be appointed and removed with the consent of two of the officers specified in the Third Amended and Restated Bylaws;

provide that special meetings of the Board may only be called by the chairman or a majority of the Board; and

make certain other administrative, modernizing, clarifying and conforming changes.