Common use of Delaware Clause in Contracts

Delaware. Delaware law does not specifically grant stockholders the right to bring business before an annual or special meeting of stockholders. However, if a Delaware corporation is subject to the SEC’s proxy rules, a stockholder who owns at least $2,000 in market value, or 1% of the corporation’s securities entitled to vote, may propose a matter for a vote at an annual or special meeting in accordance with those rules.

Appears in 5 contracts

Samples: Share Capital Description (Ascendis Pharma a/S), Share Capital Description (Ascendis Pharma a/S), Shareholder Agreements (Ascendis Pharma a/S)

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