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8-K filed October 17, 2023, 7:59 PM ET ticker TDS CIK 0001051512
other confidence medium sentiment neutral materiality 0.15

TDS Board amends Bylaws to mandate expense advancement for directors and officers

TELEPHONE & DATA SYSTEMS INC /DE/

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

TELEPHONE & DATA SYSTEMS INC /DE/: Amendment to Article VIII of the bylaws to provide for mandatory advancement of actual and reasonable expenses incurred by current and former directors and officers in the event of an indemnifiable event (effective 2023-10-13).

Change
bylaw amendment
Effective
2023-10-13
Exact text from the filing
On October 13, 2023, the Board of Directors of Telephone and Data Systems, Inc. (TDS) approved and adopted an amendment to the Amended and Restated Bylaws of TDS (the Bylaws), which became effective on such date. Article VIII of the Bylaws relating to indemnification and advancement of expenses was amended to, among other things, provide for the mandatory advancement of actual and reasonable expenses incurred by current and former directors and officers of TDS in the event of an indemnifiable event.
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Source: SEC EDGAR
accession 0001051512-23-000062
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