Company: CZR
Filing Date: 2025-07-28
Form Type: 8-K
Source: 0001590895-25-000122
Chunk: 1

Company: Caesars Entertainment, Inc.
Filing Date: 2025-07-28
Form: 8-K
Item: Item 5.03
Chunk 1
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iii) all other information required for the solicitation of proxies under the federal proxy rules and regulations; (iv) the full text of any business proposal and any resolutions proposed for consideration, (v) disclosure of all material relationships, agreements, arrangements, or understandings between such person and any person(s) pursuant to which such proposals or nominations are being made, and any material interest of such person, in such proposals or nominations, including any anticipated benefit therefrom to such person, and (vi) any notice of director nomination to be accompanied by a written and signed questionnaire by each proposed nominee with respect to his or her background and qualifications and a written representation that such proposed nominee will (1) not become party to certain agreements, arrangements or understandings, (2) comply with the Company’s policies applicable to directors, if elected, (3) make such other acknowledgments, enter into such agreements and provide such information as the Board requires of all directors and (4) consent to being named as a nominee in any proxy statement relating to the meeting immediately following the submission of the notice by the proposing stockholder. Section 1 and Section 2 of Article I of the Bylaws were further amended to require each proposed nominee to furnish such other information reasonably requested by the Board to assess the independence of the individual, require the proposing stockholder to update all such information as of the record date for the stockholder’s meeting and prior to the meeting date, permit the Board to determine in good faith whether a proposing stockholder has complied with the foregoing advance notice requirements, or such business may not be presented at the meeting, and eliminate the ability of a proposing stockholder to designate substitute nominees for election to the Board after the advance notice deadlines prescribed in the Bylaws.

Other amendments to the Bylaws modify certain indemnification provisions to (x) clarify that the indemnification rights provided in the Bylaws are not exclusive, (y) expressly provide for the indemnification of an indemnitee’s actual and reasonably incurred witness expenses and (z) authorize the Company to purchase and maintain insurance on behalf of its former directors, officers, employees, agents or other persons who served at the request of the Company rather than just persons currently in these roles.

The Bylaws also reflect recent amendments to the DGCL, including, without limitation, to eliminate the requirement that the Company’s stock list be made available at a meeting of the Company’s stockholders as permitted by Section 219 of the DGCL and also include certain technical, conforming, modernizing or clarifying changes