Delaware Effect of Execution by the Parties

State:
Multi-State
Control #:
US-OG-701
Format:
Word; 
Rich Text
Instant download

Description

This form states that the execution of the Operating Agreement constitutes acceptance of the terms, conditions, and obligations provided for in it. Any prior agreements between the parties are of no force and effect.

How to fill out Effect Of Execution By The Parties?

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FAQ

The constituent corporations may merge into a single surviving corporation, which may be any 1 of the constituent corporations, or they may consolidate into a new resulting corporation formed by the consolidation, which may be a corporation of the jurisdiction of organization of any 1 of the constituent corporations, ...

Any stockholder entitled to appraisal rights may, within 20 days after the date of mailing of such notice, demand in writing from the surviving or resulting corporation the appraisal of such holder's shares.

Under Section 220, a stockholder plaintiff must have a proper purpose for seeking a corporation's books and records. When that purpose is to investigate possible wrongdoing, she bears the burden to demonstrate a ?credible basis? to suspect that wrongdoing has occurred.

Section 232 - Delivery of notice; notice by electronic transmission (a) Without limiting the manner by which notice otherwise may be given effectively to stockholders, any notice to stockholders given by the corporation under any provision of this chapter, the certificate of incorporation, or the bylaws may be given in ...

Section 253 - Merger of parent corporation and subsidiary corporation or corporations (a) In any case in which: (1) at least 90% of the outstanding shares of each class of the stock of a corporation or corporations (other than a corporation which has in its certificate of incorporation the provision required by § 251(g ...

Code tit. 8 § 253. Any of the terms of the resolution of the board of directors to so merge may be made dependent upon facts ascertainable outside of such resolution, provided that the manner in which such facts shall operate upon the terms of the resolution is clearly and expressly set forth in the resolution.

Corporations § 144. Interested directors; quorum. (3) The contract or transaction is fair as to the corporation as of the time it is authorized, approved or ratified, by the board of directors, a committee or the stockholders.

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Delaware Effect of Execution by the Parties