- Reducing the percentage of shareholders required to call a special meeting of shareholders to 10 percent. It previously required a majority;
- Shortening the notice requirement of shareholder director nominations and meeting proposals to 60-90 days from 90-120 days in advance of the anniversary of the prior year's meeting;
- Allowing a majority of shareholders to act by written consent rather than the prior 100% requirement, providing a means for investors to consider and vote on matters that could arise between annual meetings; and
- Changing to a majority, rather than plurality, voting requirement for election of director nominees.
InfuSystem Holdings Modifies Bylaws To Align With Corporate Governance Best Practices
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