CTS Corporation
Extract: Bylaws Amended/Restated (Plain English Desc) from a 8-K on 11/22/2022   Download
SEC Document
SEC Filing

At the 2022 Annual Meeting of Shareholders of CTS Corporation (“CTS” or the “Company”), the Company’s shareholders approved an amendment to the Company’s Articles of Incorporation to implement a majority voting standard in uncontested director elections. The Board of Directors of the Company (the “Board”) has approved amendments to Article VI, Section 5 and Article VII, Section 1 of the Company’s Bylaws (as amended, the “Amended and Restated Bylaws”) to reflect changes to the voting standard in uncontested director elections. The Board also approved amendments to Article VII, Sections 4(c) and 4(f) to address Rule 14a-19 under the Securities Exchange Act of 1934, as amended, related to the universal proxy card requirements.