Consent To Or Consent For

• Category: Corporations - Public - Stockholder
• State: Multi-State
• Control #: US-CC-1-143
• Format: Word; Rich Text

Description

The Consent to or Consent for Stockholders in Lieu of Special Meeting form is designed for stockholders of Lynton Group, Inc. to provide consent for various corporate actions without convening a formal meeting. This form focuses on three main proposals: amending the Company's Certificate of Incorporation to increase authorized shares of Common Stock from 20 million to 60 million, implementing a one-for-six reverse stock split, and adopting the Company's 1993 Stock Option Plan. Key features include instructions for filling out and submitting the consent form, deadlines for turning in consents, and provisions for revoking consent prior to the cutoff date. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who require a framework to facilitate shareholder approvals efficiently, ensuring compliance with corporate regulations and protecting stakeholders' interests. Users should note the importance of clear engagement from stockholders, as the form requires a majority consent for the proposals to be approved. It emphasizes transparency and encourages stockholders to review all related information thoroughly to make informed decisions.