Kings New York Amendments to certificate of incorporation

• Category: Corporations - Public - Limited Partnerships
• State: Multi-State
• County: Kings
• Control #: US-CC-10-173
• Format: Word; Rich Text

Description

10-173 10-173 . . . Amendment of Articles of Incorporation to provide that corporation be governed by Section 203 of Delaware General Corporation Law, (b) increase number of stockholders required to call special stockholder's meeting from 15% of outstanding shares to a majority, (c) require that stockholders may take action only at a meeting of stockholders, (d) provide that Board of Directors shall have power to fill interim vacancies on Board, (e) provide that stock issuances resulting in a person holding more than 5% of voting power of corporation may be made without stockholder approval, but only if (i) issuance or sale is to a person not affiliated with corporation and (ii) issuance or sale is approved by majority of Non-employee Directors, (f) give Board authority to enter into severance arrangements that are contingent upon a change of control, merger or acquisition of corporation only if (i) such arrangement is approved by majority of Non-employee Directors and (ii) payments to any individual pursuant to such arrangement are limited to maximum amount which does not result in "excess parachute payments" under Section 280G of Internal Revenue Code of 1986, and (g) change stockholder approval requirement for certain amendments of Articles of Incorporation from 75% of outstanding shares to majority of outstanding shares The Kings New York Amendments to Certificate of Incorporation are legal documents that outline changes made to the original certificate of incorporation for a company in the Kings County, New York jurisdiction. These amendments can address various aspects of the company's structure, ownership, management, and purpose. They serve to update and modify the initial certificate of incorporation to reflect new circumstances or to meet the evolving needs of the organization. There are several types of Kings New York Amendments to Certificate of Incorporation that can be filed based on the specific changes being made. These may include: 1. Name Change Amendment: This type of amendment is filed when a company wishes to modify its legal name. It may be done due to rebranding, mergers, or to better align with the company's updated vision or market positioning. 2. Director/Officer Amendment: This amendment is filed when there are changes in the composition or roles of the board of directors or officers. It typically includes adding or removing individuals from these positions, updating their titles or responsibilities, or amending provisions related to their appointment or removal. 3. Stock Amendment: When a company wants to alter its stock structure, such as changing the number, class, or rights associated with the shares, a stock amendment is filed. This allows the company to adapt its capital structure to meet financing needs, accommodate new investors, or adjust ownership distributions. 4. Registered Agent Amendment: Companies must have a registered agent, a designated individual or entity responsible for receiving legal and official documents on behalf of the company. If there is a change in the registered agent's name, address, or contact information, a registered agent amendment should be filed to reflect these updates. 5. Purpose Amendment: A purpose amendment is filed when a company intends to expand or alter the scope of its business activities. It may involve adding new lines of business, entering different industries, or narrowing down its focus to align with changes in market demands or strategic objectives. 6. Registered Office Amendment: Similar to the registered agent amendment, this type of amendment is filed when the company's registered office address changes. It ensures that the official address for receiving legal documents is accurate and up-to-date. Overall, Kings New York Amendments to Certificate of Incorporation cater to different aspects of a company's operations and structure, enabling it to adapt, grow, and comply with legal requirements. It is essential for businesses in Kings County, New York to carefully consider and execute these amendments to ensure their continued compliance with state regulations and to reflect any changes accurately and transparently in their corporate governance.

The Kings New York Amendments to Certificate of Incorporation are legal documents that outline changes made to the original certificate of incorporation for a company in the Kings County, New York jurisdiction. These amendments can address various aspects of the company's structure, ownership, management, and purpose. They serve to update and modify the initial certificate of incorporation to reflect new circumstances or to meet the evolving needs of the organization. There are several types of Kings New York Amendments to Certificate of Incorporation that can be filed based on the specific changes being made. These may include: 1. Name Change Amendment: This type of amendment is filed when a company wishes to modify its legal name. It may be done due to rebranding, mergers, or to better align with the company's updated vision or market positioning. 2. Director/Officer Amendment: This amendment is filed when there are changes in the composition or roles of the board of directors or officers. It typically includes adding or removing individuals from these positions, updating their titles or responsibilities, or amending provisions related to their appointment or removal. 3. Stock Amendment: When a company wants to alter its stock structure, such as changing the number, class, or rights associated with the shares, a stock amendment is filed. This allows the company to adapt its capital structure to meet financing needs, accommodate new investors, or adjust ownership distributions. 4. Registered Agent Amendment: Companies must have a registered agent, a designated individual or entity responsible for receiving legal and official documents on behalf of the company. If there is a change in the registered agent's name, address, or contact information, a registered agent amendment should be filed to reflect these updates. 5. Purpose Amendment: A purpose amendment is filed when a company intends to expand or alter the scope of its business activities. It may involve adding new lines of business, entering different industries, or narrowing down its focus to align with changes in market demands or strategic objectives. 6. Registered Office Amendment: Similar to the registered agent amendment, this type of amendment is filed when the company's registered office address changes. It ensures that the official address for receiving legal documents is accurate and up-to-date. Overall, Kings New York Amendments to Certificate of Incorporation cater to different aspects of a company's operations and structure, enabling it to adapt, grow, and comply with legal requirements. It is essential for businesses in Kings County, New York to carefully consider and execute these amendments to ensure their continued compliance with state regulations and to reflect any changes accurately and transparently in their corporate governance.