Camden National Corporation
Extract: Bylaws Amended/Restated (Plain English Desc) from a 8-K on 05/25/2023
SEC Document
SEC Filing

On May 23, 2023, the Company’s Board of Directors amended and restated the Company’s bylaws (as so amended and restated, the “Bylaws”) (i) to conform Section 3.2 to the Declassification Amendment by providing that directors will be elected to one-year terms in accordance with the Restated Articles; and (ii) to conform Section 3.5(b) to the Declassification Amendment by providing that each director shall hold office for the terms set forth in the Restated Articles until his or her successor is elected and qualified or until his or her earlier death, resignation or removal. Section 3.5 was also amended to correct non-substantive numbering errors and to re-number Sections 3.5(a) through 3.5(c) accordingly.