Amend Corporate Withholding

State:
Multi-State
Control #:
US-CC-10-103
Format:
Word; 
Rich Text
Instant download

Description

The proposal to amend corporate withholding involves changing the corporate name of a company, which is deemed beneficial by the Board of Directors. This recommendation includes a resolution to modify Article First of the Company’s Certificate of Incorporation to reflect the new name 'Core Technologies (Pennsylvania), Inc.' The Board justifies this change due to recent strategic acquisitions that shift the company’s focus to higher growth areas, necessitating a new corporate identity. The amendment does not require stockholders to exchange existing stock certificates, ensuring ease of transition. Approval from a majority of outstanding shares is needed during the Annual Meeting, after which the amendment will take effect upon filing with the Secretary of State of Delaware. The Board retains the authority to abandon the name change without further stockholder votes if deemed necessary. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides clear guidelines for amendment processes, the procedural requirements for stockholder approval, and the implications of a name change on corporate identity, aiding them in facilitating their roles in corporate governance.
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How to fill out Proposal To Amend Certificate Of Incorporation To Change Corporate Name?

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FAQ

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Amend Corporate Withholding