Flowserve Corporation
Extract: Bylaws Amended/Restated (Plain English Desc) from a 8-K on 05/12/2022   Download
SEC Document
SEC Filing

On May 12, 2022, the Company’s Board of Directors (the “Board”) approved and adopted the Amended and Restated By-Laws (as amended and restated, the “By-Laws”), effective May 12, 2022, which includes, among other things, the following changes:



updating the electronic and remote meeting provisions under New York law;



revising the advance notice provision for director nominations to add a questionnaire requirement and allow the Board to request additional information including an interview of any director candidate; and



adding an exclusive forum provision for matters related to the Securities Act of 1933.

Additionally, as a result of the retirement of Roger L. Fix as a director of the Company effective as of the conclusion of the Company’s Annual Meeting, the amendment to the By-Laws approved by the Board also amends the By-Laws to decrease the number of directors of the Company from ten to nine.