Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 353

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 1A
Chunk 353
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 of the common stock by acting to discourage, delay, or prevent a change
of control of us or changes in our management that our stockholders may deem advantageous. These provisions include, without limitation,
the following:

    ●
    a classified board of directors so that not all members of our Board are elected at one time;

    ●
    the right of the board of directors to establish the number of directors and fill any vacancies and newly created directorships;

    ●
    director removal by stockholders solely for cause and with the affirmative vote of at least two-thirds (2/3) of the voting power of our then-outstanding shares of capital stock entitled to vote generally in the election of directors;

    ●
    “blank check” preferred stock that our Board could use to implement a stockholder rights plan;

    ●
    the right of our Board to issue our authorized but unissued common stock and preferred stock without stockholder approval;

    ●
    no ability of our stockholders to call special meetings of stockholders;

    ●
    no right of our stockholders to act by written consent, which requires all stockholder actions to be taken at a meeting of our stockholders;

    ●
    limitations on the liability of and the provision of indemnification to, our director and officers;

    ●
    the right of the board of directors to make, alter, or repeal the our Bylaws; and

    ●
    advance notice requirements for nominations for election to the our Board or for proposing matters that can be acted upon by stockholders at annual stockholder meetings.

Any provision of our
certificate of incorporation or our bylaws that has the effect of delaying or deterring a change in control could limit the opportunity
for our stockholders to receive a premium for their shares of common stock and could also affect the price that some investors are willing
to pay for common stock.

40

Our certificate
of incorporation provides that the Court of Chancery of the State of Delaware will be the exclusive forum for substantially all disputes
between us and our stockholders, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with
us or our directors, officers or employees.

Our Certificate of incorporation
provides that the Court of Chancery of the State of Delaware is the exclusive forum for any derivative action or proceeding brought on
our behalf, any action asserting a breach of fiduciary duty, any action asserting a claim against us arising pursuant to the DGCL, our
certificate