---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-047865"
form_type: "8-K"
ticker: "AGYS"
cik: "0000078749"
company_name: "AGILYSYS INC"
filed_at: "2023-09-13T23:59:59+00:00"
generated_at: "2026-06-10T19:38:23.804423+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Agilysys amends charter to exculpate officers from certain fiduciary duty claims

## Summary
- Filed certificate of amendment to Certificate of Incorporation on Sept 11, 2023.
- Provides exculpation from liability for certain officers for breach of fiduciary duty of care.
- Similar to protections currently available to directors.
- Previously approved by board and stockholders at Aug 21, 2023 annual meeting.
- Also made non-substantive phrasing changes to existing director exculpation provisions.

## SEC filing metadata
- accession: 0000950170-23-047865
- form_type: 8-K
- ticker: AGYS
- cik: 0000078749
- company_name: AGILYSYS INC
- filed_at: 2023-09-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/78749/000095017023047865/0000950170-23-047865-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/78749/000095017023047865/agys-20230911.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-047865
- JSON: https://secwatch.observer/filing/0000950170-23-047865.json
- Plain text: https://secwatch.observer/filing/0000950170-23-047865.txt

## Key facts
- Governance Changes
  AGILYSYS INC: On September 11, 2023, Agilysys, Inc. filed a certificate of amendment to its Certificate of Incorporation to provide exculpation from liability for certain officers and make non-substantive changes to director exculpatory provisions, following stockholder approval on August 21, 2023 (effective 2023-09-11).
  - Change: charter amendment
  - Effective: 2023-09-11
  source text: On September 11, 2023, Agilysys, Inc. (the “Company”), filed a certificate of amendment (the “Charter Amendment”) to its Certificate of Incorporation to (i) provide exculpation from liability for certain officers of the Company from certain claims of breach of the fiduciary duty of care, similar to protections currently available to directors of the Company and (ii) make certain non-substantive changes to the phrasing of the existing exculpatory provisions for directors, in conformance with contemporary norms for peer corporations incorporated in the State of Delaware.
  evidence_url: https://www.sec.gov/Archives/edgar/data/78749/000095017023047865/0000950170-23-047865-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.