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CAUTION: Director Veto Rights in Financing Documents May Constitute “Disproportionate Voting”

Section 141(d) of the Delaware General Corporations Law (DGCL) allows the certificate of incorporation (COI) of a Delaware corporation to confer upon one or more directors voting powers greater than or less than those of...more

1/3/2019  /  Certificates of Incorporation , Corporate Governance , D&O Insurance , Delaware General Corporation Law , Individual Retirement Account (IRA) , Shareholders , Veto Rights , Voting Rights
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