other
confidence medium
sentiment neutral
materiality 0.20
Chemed amends bylaws to enhance stockholder proposal and director nomination procedures
CHEMED CORP
- Amendments require additional disclosures and representations regarding stockholder nominations and proposals.
- Stockholders must provide reasonable documentary evidence 5 business days before meeting of compliance with Rule 14a-19 (universal proxy).
- Stockholders must notify Chemed if they no longer intend to solicit proxies after submitting a nomination notice.
- Presiding officer powers clarified to determine compliance of business proposals and director nominations with the bylaws.