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
Maricopa, Arizona is a city located in the southwestern United States. It falls under Pinal County and is known for its rich history, diverse culture, and scenic landscapes. When it comes to the topic of amendments to the certificate of incorporation in Maricopa, Arizona, several key aspects and types can be considered. Amendments to the certificate of incorporation refer to changes or modifications made to the original legal document reflecting a corporation's existence and structure. These amendments are crucial as they allow companies in Maricopa, Arizona, to adapt and evolve to meet changing business needs and comply with state regulations. The following are some relevant keywords related to Maricopa, Arizona, amendments to the certificate of incorporation: 1. Incorporation: This keyword highlights the overall process of creating a legal business entity. In Maricopa, Arizona, amendments to the certificate of incorporation signify adjustments made to the original incorporation document. 2. Corporate Structure: Maricopa's amendments to the certificate of incorporation can involve modifications to the organization's structure, including changes to the board of directors, officers, or the addition of new roles within the company. 3. Legal Compliance: Businesses in Maricopa, Arizona, must comply with state laws and regulations. Amendments to the certificate of incorporation often address legal compliance matters, such as updating corporate bylaws, increasing authorized shares, or adding provisions related to corporate governance. 4. Name Change: An amendment to the certificate of incorporation in Maricopa, Arizona, may involve a company deciding to change its legal name. This change could be due to rebranding efforts, a merger with another entity, or any other strategic business reason. 5. Capital Structure: Alterations to the certificate of incorporation may also involve changes to a company's capital structure. This can include amendments related to authorized capital, issuing new shares, changing share classes, or modifying dividend policies. 6. Registered Agent: The certificate of incorporation amendment process in Maricopa, Arizona, may include changes to the registered agent. A registered agent acts as the point of contact for legal and official communications on behalf of the corporation. 7. Dissolution: In the case of dissolving a corporation in Maricopa, an amendment to the certificate of incorporation may be required to officially terminate the entity. This process involves fulfilling legal obligations, settling outstanding liabilities, and distributing assets. 8. Merger or Acquisition: When corporations in Maricopa, Arizona merge or undergo acquisition, amendments to the certificate of incorporation are often necessary to reflect the new ownership structure and organizational changes resulting from the transaction. It is important to note that the exact nature and types of amendments to the certificate of incorporation may vary depending on each company's needs and the specific circumstances within Maricopa, Arizona. Seeking legal counsel or consulting the Arizona Corporation Commission is advisable for detailed guidance on the process and requirements for specific types of amendments to the certificate of incorporation in Maricopa, Arizona.
Maricopa, Arizona is a city located in the southwestern United States. It falls under Pinal County and is known for its rich history, diverse culture, and scenic landscapes. When it comes to the topic of amendments to the certificate of incorporation in Maricopa, Arizona, several key aspects and types can be considered. Amendments to the certificate of incorporation refer to changes or modifications made to the original legal document reflecting a corporation's existence and structure. These amendments are crucial as they allow companies in Maricopa, Arizona, to adapt and evolve to meet changing business needs and comply with state regulations. The following are some relevant keywords related to Maricopa, Arizona, amendments to the certificate of incorporation: 1. Incorporation: This keyword highlights the overall process of creating a legal business entity. In Maricopa, Arizona, amendments to the certificate of incorporation signify adjustments made to the original incorporation document. 2. Corporate Structure: Maricopa's amendments to the certificate of incorporation can involve modifications to the organization's structure, including changes to the board of directors, officers, or the addition of new roles within the company. 3. Legal Compliance: Businesses in Maricopa, Arizona, must comply with state laws and regulations. Amendments to the certificate of incorporation often address legal compliance matters, such as updating corporate bylaws, increasing authorized shares, or adding provisions related to corporate governance. 4. Name Change: An amendment to the certificate of incorporation in Maricopa, Arizona, may involve a company deciding to change its legal name. This change could be due to rebranding efforts, a merger with another entity, or any other strategic business reason. 5. Capital Structure: Alterations to the certificate of incorporation may also involve changes to a company's capital structure. This can include amendments related to authorized capital, issuing new shares, changing share classes, or modifying dividend policies. 6. Registered Agent: The certificate of incorporation amendment process in Maricopa, Arizona, may include changes to the registered agent. A registered agent acts as the point of contact for legal and official communications on behalf of the corporation. 7. Dissolution: In the case of dissolving a corporation in Maricopa, an amendment to the certificate of incorporation may be required to officially terminate the entity. This process involves fulfilling legal obligations, settling outstanding liabilities, and distributing assets. 8. Merger or Acquisition: When corporations in Maricopa, Arizona merge or undergo acquisition, amendments to the certificate of incorporation are often necessary to reflect the new ownership structure and organizational changes resulting from the transaction. It is important to note that the exact nature and types of amendments to the certificate of incorporation may vary depending on each company's needs and the specific circumstances within Maricopa, Arizona. Seeking legal counsel or consulting the Arizona Corporation Commission is advisable for detailed guidance on the process and requirements for specific types of amendments to the certificate of incorporation in Maricopa, Arizona.