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materiality 0.40
Yelp amends bylaws to implement proxy access provision
YELP INC
- Board amended Bylaws effective Jan 28, 2022 to add proxy access provision.
- Eligible stockholders (3%+ voting power held ≥3 yrs, max 50 investors) may nominate directors.
- Maximum nominees: greater of 2 individuals or 20% of directors then in office.
- Conforming modifications to advance notice provisions and registered agent address update.