Evolution Petroleum Corporation
SEC Document
SEC Filing

On September 7, 2023, the Board of Directors of the Company approved and adopted Amended and Restated Bylaws for the Company, which were originally adopted effective January 2, 2004. The principal changes to the Bylaws are: (i) adding a new Section 2.10 specifying the procedures to be followed for shareholders in proposing nominees for director and other items of business at annual and special meetings of stockholders; (ii) expanding the ability of the Company to implement procedures that allow shareholders to participate in meetings remotely; (iii) providing for mandatory indemnification of officers and directors for certain actions to the extent permitted by Nevada law; and (iv) allowing shareholders to take action by written consent to the extent that such consent is signed by the holders of no less than two-thirds (2/3rds) of the outstanding shares of stock entitled to vote thereon.