Company: SYRA
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001493152-25-009873
Chunk: 193

Company: Syra Health Corp
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1
Chunk 193
---
 controlling
    the procedures for the conduct and scheduling of board of directors and stockholder meetings; and

    ●
    providing
    our board of directors with the express power to postpone previously scheduled annual meetings and to cancel previously scheduled
    special meetings.

These
provisions, alone or together, could delay or prevent hostile takeovers and changes in control or changes in our management.

As
a Delaware corporation, we are also subject to provisions of Delaware law, including Section 203 of the Delaware General Corporation
law, which prevents some stockholders holding more than 15% of our outstanding common stock from engaging in certain business combinations
without approval of the holders of substantially all of our outstanding common stock.

Any
provision of our Certificate of Incorporation, Bylaws or Delaware law 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 our Class A common stock and could also affect
the price that some investors are willing to pay for our Class A common stock.

Our
Certificate of Incorporation designates the Court of Chancery of the State of Delaware as the sole and exclusive forum for certain types
of actions and proceedings that may be initiated by our stockholders, which could limit our stockholders’ ability to obtain a favorable
judicial forum for disputes with us or our directors, officers, or other employees.

Our
Certificate of Incorporation requires that, unless we consent in writing to the selection of an alternative forum, the Court of Chancery
of the State of Delaware will, to the fullest extent permitted by law, be the sole and exclusive forum for each of the following:

    ●
    any
    derivative action or proceeding brought on our behalf;

    ●
    any
    action asserting a claim for breach of any fiduciary duty owed by any of our directors, officers, or other employees to us or our
    stockholders;

    ●
    any
    action asserting a claim against us or any of our directors, officers or employees arising pursuant to any provision of the Delaware
    General Corporation Law, our Certificate of Incorporation or our Bylaws; or

    ●
    any
    action asserting a claim against us, our directors, officers or employees governed by the internal affairs doctrine;

except
for, as to each of the above, any claim as to which the Court of Chancery determines that there is an indispensable party not subject
to the jurisdiction of the Court