Extreme Networks, Inc.
Extract: Bylaws Amended/Restated (Plain English Desc) from a 8-K on 11/18/2022   Download
SEC Document
SEC Filing

The Board had also previously approved, contingent upon the approval and effectiveness of the Amended and Restated Charter, amendments to the Existing Bylaws (the “Amended and Restated Bylaws”), which such Amended and Restated Bylaws became effective upon the filing and effectiveness of the Amended and Restated Charter. The Amended and Restated Bylaws include, among other updates:


Elimination of the supermajority vote requirement to amend the Company’s bylaws;


Clarification that the Board may postpone, reschedule or cancel annual or special meetings of the stockholders;


Revisions for adjournment logistics based on recent changes to the General Corporation Law of the State of Delaware (the “DGCL”);


Clarification language relating to the establishing of quorum and withdrawals from meetings after a meeting has begun;


Updates to refer to recently revised universal proxy rules and to set forth changes to the stockholder proxy solicitation process;


Updates relating to stockholder lists based on recent DGCL changes;


Other clean up or clarification revisions, including updates to the exclusive forum language and other certain defined terms, as well as the elimination of various obsolete provisions.