Hyatt Hotels Corporation
Extract: Bylaws Amended/Restated (Plain English Desc) from a 8-K on 09/16/2022   Download
SEC Document
SEC Filing

On September 15, 2022, the Board, acting upon the recommendation of the Nominating and Corporate Governance Committee of the Board, adopted and approved an amendment and restatement of the Company’s Amended and Restated Bylaws (the “Amended and Restated Bylaws”), effective immediately. The Amended and Restated Bylaws were amended to (i) update provisions regarding notice of an adjournment of any meeting of stockholders and the availability of the list of stockholders entitled to vote at a meeting of stockholders, each to align with recent amendments to the Delaware General Corporation Law, as amended; (ii) update provisions as a result of universal proxy rules adopted by the U.S. Securities and Exchange Commission with respect to the nomination of directors for election, including a requirement for a stockholder submitting a nomination notice to make a representation as to whether such stockholder intends to solicit proxies in support of director nominees other than the Company’s nominees in accordance with Rule 14a-19 under the Securities Exchange Act of 1934, as amended, and to provide reasonable evidence that certain requirements of such rule have been satisfied; and (iii) make certain other administrative, modernizing, clarifying, and conforming changes