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Apple Inc. Message Board

  • ki98mir ki98mir Feb 7, 2013 9:36 PM Flag

    Here's the issue: proposal 2 for AAPL vote

    PROPOSAL NO. 2
    Amendment of Articles of Incorporation
    The Company's shareholders are being asked to approve the amendment of the Restated Articles of
    Incorporation (the "Articles"). If approved, the amendment would:
    1. eliminate certain language relating to the term of office of directors in order to facilitate the adoption of
    majority voting for the election of directors;
    2. eliminate "blank check" preferred stock;
    3. establish a par value for the Company's common stock of $0.00001 per share; and
    4. make other conforming changes as set forth in the text of the amendment below, including eliminating
    provisions in the Articles relating to preferred stock of the Company.

 
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