Zion Oil & Gas adds exclusive forum, jury trial waiver, and mandatory arbitration to bylaws

ZION OIL & GAS INC

Board approved bylaw amendments on December 1, 2025, effective immediately.
New provisions include exclusive forum for internal entity claims under Texas law.
Shareholders waive right to jury trial for internal entity claims by acquiring stock.
Mandatory arbitration added for claims under federal and state securities laws.
Texas Business Court given jurisdiction to enforce arbitration agreements.

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

ZION OIL & GAS INC: Amended Article XI to add exclusive forum provisions, including jury trial waiver and mandatory arbitration for securities claims (effective 2025-12-01).

Change: bylaw amendment
Effective: 2025-12-01

Exact text from the filing

Under Article XI of the Company’s Bylaws, the following major changes were made and second and third paragraphs were added as follows: ARTICLE XI – EXCLUSIVE FORUM Second and third paragraphs added: Further, Article XI includes a waiver of the right to a jury trial as provided in Section 2.116 of the TBOC concerning any internal entity claim as defined by Section 2.115 of the TBOC.

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Source: SEC EDGAR

accession 0001437749-25-036533

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