Brinker International, Inc. Extract: Bylaws Amended/Restated (Plain English Desc) from a 10-K on 08/21/2024 Download SEC Document SEC Filing
On August 20, 2024, the Board approved amendments (the “Amendments”) to the Bylaws of the Company (the “Bylaws”), effective immediately.
The Amendments to the Bylaws:
1.Remove the resignation requirement in the Bylaws in the event that a director nominee for reelection does not receive the requisite majority shareholder vote and removed the ability of the Board to determine whether to accept or reject the resignation.
2.Clarify that the Board of Directors or presiding officer of the Company are responsible for making determinations of whether shareholder proposals and nominations were made in compliance with the Bylaws.
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