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Amendments in the Twitter Lawsuit: What This Means for Stockholders
by Legal PDF: Tech Court CasesDecember 2nd, 2023
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These bylaws may be adopted, amended or repealed by the stockholders entitled to votePeople Mentioned
PARAG AGRAWAL VIJAYA GADDE, and NED SEGAL v. twitter Court Filing, retrieved on April 10, 2023 is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This is part 24 of 37.
ARTICLE XI - AMENDMENTS
These bylaws may be adopted, amended or repealed by the stockholders entitled to vote; provided, however, that the affirmative vote of the holders of at least eighty percent (80%) of the total voting power of outstanding voting securities, voting together as a single class, shall be required for the stockholders of the corporation to alter, amend or repeal, or adopt any provision of these bylaws.
The board of directors shall also have the power to adopt, amend or repeal by laws.
A bylaw amendment adopted by stockholders which specifies the votes that shall be necessary for the election of directors shall not be further amended or repealed by the board of directors.
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This court case 2023-0409 retrieved on October 4, 2023, from int.nyt.com is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction.
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