Kimball Electronics, Inc.
Extract: Bylaws Amended/Restated (Plain English Desc) from a 8-K on 02/18/2021   Download
SEC Document
SEC Filing
Also on February 11, 2021, the Board approved a resolution to amend the Company’s Amended and Restated By-Laws (as so amended, the “Amended By-Laws”) as follows:
Section 3.4(a) of Article III, Directors: This section was amended to change the number of Directors that the Board shall consist of from not less than three (3) nor more than twelve (12) to not less than three (3) nor more than ten (10).
Section 3.4(f) of Article III, Directors: Section 3.4(f) was added to the Amended By-Laws to indicate that the Company does not intend for the provisions of Indiana Code § 23-1-33-6(c) to apply to the classes and terms of its Directors.
Section 9.5 of Article IX, Miscellaneous: This section was amended to provide Share Owners the right to amend the Company’s By-Laws. The Board will also retain its right to amend the Company’s By-Laws.