Examples of Organizational Documents Proposal in a sentence
After careful consideration, the ION Board has determined that each of (a) the Business Combination Proposal, (b) the Domestication Proposal, (c) the Stock Issuance Proposal, (d) the Organizational Documents Proposal, (e) the Advisory Organizational Documents Proposals, (f) the Innovid Corp.
At the extraordinary general meeting, ION is asking holders of ION Shares to consider and vote upon: • The Business Combination Proposal; • The Domestication Proposal; • The Stock Issuance Proposal; • The Organizational Documents Proposal; • The Advisory Organizational Documents Proposals; • The Innovid Corp.
Classified Board (Organizational Documents Proposal C) The Cayman Constitutional DocumentsThe Cayman Constitutional Documents provide that RTPZ board of directors shall be composed of one class.The Proposed Organizational DocumentsThe Proposed Organizational Documents provide that the Board be divided into three classes with only one class of directors being elected in each year and each class serving a three-year term.
See Article Fourth of the ProposedCertificate of Incorporation.Authorize the Board of Directors to Issue Preferred Stock Without Stockholder Consent (Organizational Documents Proposal B)The Cayman Constitutional Documents authorize the issuance of 5,000,000 preferred shares with such designation, rights and preferences as may be determined from time to time by RTPZ’s board of directors.
The Cayman Constitutional Documents The Proposed Organizational DocumentsCorporate Name (Organizational Documents Proposal F)The Cayman Constitutional Documents provide that the name of the company is “Reinvent Technology Partners”The Proposed Organizational Documents provide that the name of the corporation will be “Joby Aviation, Inc.”See paragraph 1 of the Existing Memorandum.
The applicable parties to the Merger Agreement would not be able to waive Organizational Documents Proposals A or D and still complete the Merger on the terms contemplated by the Merger Agreement because there will not be a sufficient number of authorized shares of capital stock of BowX to issue the shares required to be issued in the Merger if Organizational Documents Proposal A is not approved.
The CCAC Board has unanimously approved the Organizational Documents Proposal and believes such proposal is necessary to adequately address the needs of Quanergy PubCo after the Business Combination.
Organizational Documents ProposalIf the BCA Proposal and the Domestication Proposal are approved, CCAC will ask its shareholders to approve the Organizational Documents Proposal in connection with the replacement of the Cayman Constitutional Documents, under the Cayman Islands Companies Law, with the Proposed Organizational Documents, under the DGCL.
See Article Seventh of the Proposed Certificate ofIncorporation.Exclusive Forum (Organizational Documents Proposal D) Takeovers by Interested Stockholders (Organizational Documents Proposal E)The Cayman Constitutional Documents do not contain a provision adopting an exclusive forum for certain shareholder litigation.
Action by Written Consent of Stockholders (Advisory Organizational Documents Proposal 4F) Other Changes In Connection With Adoption of the Proposed Organizational Documents (Advisory Organizational Documents Proposal 4G)Cayman Constitutional DocumentsThe Cayman Constitutional Documents permit shareholders to approve matters by unanimous written resolution.See Article 1 definition of Ordinary Resolution and Article 31.4 of the Cayman Constitutional Documents.