Anixter International Inc.
Extract: Bylaws Amended/Restated (Plain English Desc) from a 8-K on 10/31/2019   Download
SEC Document
SEC Filing
On October 29, 2019, the Board adopted and approved, effective immediately, an amendment and restatement to the Bylaws of the Company (as so-amended and restated, the "Amended and Restated Bylaws"), which provide, among other things:
that the Board may postpone a stockholder meeting and reset the record date for such postponed meeting;
that the Board may appoint a “chairman of a meeting” to preside over stockholder meetings and may establish certain rules of conduct for stockholder meetings;
that the chairman of a meeting or a majority in interest of the stockholders entitled to vote at a stockholder meeting may adjourn such meeting regardless of the presence of quorum; and
that derivative actions, actions for breach of fiduciary duties, claims against the Company’s officers, directors, employees or agents and intra-corporate disputes involving the Company are litigated exclusively in the state or federal courts of Delaware.