Certificate of Incorporation: Supermajority Requirement for By-Law Amendments | Practical Law

Certificate of Incorporation: Supermajority Requirement for By-Law Amendments | Practical Law

A Standard Clause to be included in the certificate of incorporation of a Delaware corporation requiring the affirmative vote of a majority of the board of directors or a supermajority of the stockholders for the amendment, adoption, or repeal of a by-law. This Standard Clause has integrated notes with important explanations and drafting tips.

Certificate of Incorporation: Supermajority Requirement for By-Law Amendments

Practical Law Standard Clauses 3-383-1480 (Approx. 5 pages)

Certificate of Incorporation: Supermajority Requirement for By-Law Amendments

by Practical Law Corporate & Securities
MaintainedDelaware, USA (National/Federal)
A Standard Clause to be included in the certificate of incorporation of a Delaware corporation requiring the affirmative vote of a majority of the board of directors or a supermajority of the stockholders for the amendment, adoption, or repeal of a by-law. This Standard Clause has integrated notes with important explanations and drafting tips.