Corporate Governance Reforms definition
Examples of Corporate Governance Reforms in a sentence
Impinj and its Board further acknowledge and agree that the Corporate Governance Reforms confer substantial benefits upon Impinj and its stockholders.
In recognition of the substantial benefit provided to Impinj and Current Impinj Stockholders by the Corporate Governance Reforms as a result of the Settlement, Defendants agreed to cause their insurer to pay to Plaintiffs’ Counsel the Fee and Expense Amount in the amount of nine hundred thousand dollars ($900,000), subject to the Court’s approval.
After reaching agreement on the Corporate Governance Reforms, Defendants agreed to produce to Plaintiffs documents that would have been produced in response to a books and records inspection demand under Section 220 of the Delaware General Corporation Law and additional documents that Plaintiffs would not have received through such a books and records inspection demand as part of confirmatory discovery.
Impinj and its Board acknowledge and agree that the filing, pendency, and settlement of the Derivative Action was the primary factor in the Company’s decision to adopt and implement the Corporate Governance Reforms.
Yet, Impinj and the Individual Defendants acknowledge and agree that the Corporate Governance Reforms confer a substantial benefit to Impinj and its stockholders.