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materiality 0.30
Employers Holdings amends bylaws to adopt Nevada exclusive forum provision, subject to 2024 stockholder ratification
Employers Holdings, Inc.
- Bylaws amended May 20, 2023: Nevada state courts (or federal district court for Nevada) designated exclusive forum for certain litigation.
- Change made in response to stockholder feedback to prevent forum shopping and reduce litigation costs.
- Board will seek stockholder ratification of exclusive forum provision at 2024 annual meeting; if not ratified, provision removed.