Nassau New York Amendments to certificate of incorporation

• Category: Corporations - Public - Limited Partnerships
• State: Multi-State
• County: Nassau
• 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 Nassau New York Amendments to Certificate of Incorporation refer to the legal changes made to the foundational document of a corporation registered in Nassau County, New York. These amendments are crucial for updating and modifying the original provisions and conditions outlined in the certificate of incorporation. There are several potential types of amendments that can be made to a certificate of incorporation in Nassau, New York, depending on the needs and circumstances of the corporation. Some important types of amendments include: 1. Name Change Amendment: This type of amendment is necessary when a corporation wishes to alter its legal name listed in the original certificate of incorporation. The new name must comply with the state's requirements and can help reflect a rebranding effort or a shift in the company's focus. 2. Registered Agent Amendment: In some cases, a corporation might need to update the information about its registered agent, who acts as the official point of contact for legal and administrative matters. This amendment ensures that the corporation's current registered agent's details are accurately reflected in the certificate of incorporation. 3. Address Amendment: If a corporation changes its primary business address or registered office address, it requires an amendment to update this information in the certificate of incorporation. This ensures that the document reflects the corporation's accurate physical location in Nassau, New York. 4. Purpose Amendment: Over time, a corporation's goals and objectives might evolve, resulting in new activities or ventures. To reflect these changes, a purpose amendment is required to modify the specific business activities listed in the certificate of incorporation. 5. Share Structure Amendment: Corporations may need to amend their share structure by altering the number, classes, or par value of shares issued. This amendment ensures that the certificate of incorporation accurately represents the corporation's current share structure and distribution. 6. Director/Officer Amendment: If there are modifications to the board of directors or officers, such as changes in their names, positions, or contact details, an amendment is essential to update this information in the certificate of incorporation. These various types of amendments to the certificate of incorporation in Nassau, New York, are vital for maintaining legal compliance, reflecting changes in the corporation's structure, and ensuring accurate documentation of key corporate details.

Nassau New York Amendments to Certificate of Incorporation refer to the legal changes made to the foundational document of a corporation registered in Nassau County, New York. These amendments are crucial for updating and modifying the original provisions and conditions outlined in the certificate of incorporation. There are several potential types of amendments that can be made to a certificate of incorporation in Nassau, New York, depending on the needs and circumstances of the corporation. Some important types of amendments include: 1. Name Change Amendment: This type of amendment is necessary when a corporation wishes to alter its legal name listed in the original certificate of incorporation. The new name must comply with the state's requirements and can help reflect a rebranding effort or a shift in the company's focus. 2. Registered Agent Amendment: In some cases, a corporation might need to update the information about its registered agent, who acts as the official point of contact for legal and administrative matters. This amendment ensures that the corporation's current registered agent's details are accurately reflected in the certificate of incorporation. 3. Address Amendment: If a corporation changes its primary business address or registered office address, it requires an amendment to update this information in the certificate of incorporation. This ensures that the document reflects the corporation's accurate physical location in Nassau, New York. 4. Purpose Amendment: Over time, a corporation's goals and objectives might evolve, resulting in new activities or ventures. To reflect these changes, a purpose amendment is required to modify the specific business activities listed in the certificate of incorporation. 5. Share Structure Amendment: Corporations may need to amend their share structure by altering the number, classes, or par value of shares issued. This amendment ensures that the certificate of incorporation accurately represents the corporation's current share structure and distribution. 6. Director/Officer Amendment: If there are modifications to the board of directors or officers, such as changes in their names, positions, or contact details, an amendment is essential to update this information in the certificate of incorporation. These various types of amendments to the certificate of incorporation in Nassau, New York, are vital for maintaining legal compliance, reflecting changes in the corporation's structure, and ensuring accurate documentation of key corporate details.