Advanced Drainage Systems, Inc.
Extract: Bylaws Amendment (Plain English Desc) from a 8-K on 07/24/2020   Download
SEC Document
SEC Filing

Effective July 24, 2020, the Board of Directors of the Company amended the Company’s Bylaws (1) to implement a majority voting standard for uncontested director elections, (2) to declassify the Board of Directors, and (3) to eliminate the provision requiring supermajority stockholder approval to amend the Bylaws.