Four Corners Property Trust removes exclusive forum provision from Bylaws

Four Corners Property Trust, Inc.

Board approved amendment removing Article XV (exclusive forum provision) from Bylaws on May 30, 2023.
Previously required certain legal actions be filed in Maryland Circuit Court or US District Court for Maryland.
Amendment effective immediately; no exclusive forum clause remains in Bylaws.
No other changes to Bylaws; no financial impact disclosed.

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

Four Corners Property Trust, Inc.: Removed exclusive forum provision (Article XV) from bylaws, eliminating Maryland Circuit Court as exclusive forum for certain legal actions (effective 2023-05-30).

Change: bylaw amendment
Effective: 2023-05-30

Exact text from the filing

On May 30, 2023, the Board approved and adopted an amendment (the “Amendment”) to the Company’s Second Amended and Restated Bylaws (the “Bylaws”) to remove Article XV, which provision had designated the Circuit Court for Baltimore City, Maryland, (the “Maryland Circuit Court”) or, if the Maryland Circuit Court does not have jurisdiction, the United States District Court for the District of Maryland, Northern Division, as the exclusive forum for certain legal actions involving the Company.

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Source: SEC EDGAR

accession 0001193125-23-157114

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