Company: PGEN
Filing Date: 2025-08-19
Form Type: S-3
Source: 0000950103-25-010472
Chunk: 29

Company: PRECIGEN, INC.
Filing Date: 2025-08-19
Form: S-3
Chunk 29
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 his or her election must promptly tender his or her resignation to the board of directors for consideration. The Nominating
and Governance Committee will then evaluate the best interests of the Company and will recommend to the board of directors whether to
accept or reject the tendered resignation. Following the board of directors’ receipt of this recommendation and determination as
to whether to accept the resignation, we will disclose the board of directors’ decision and an explanation of how the decision was
reached.

Board vacancies; removal. Our Articles
of Incorporation provide that any vacancy occurring on our board of directors may be filled by a majority of directors then in office,
even if less than a quorum.

Special meetings of shareholders. Our Bylaws
provide that a special meeting may be called by a vote of shareholders representing in the aggregate not less than 25 percent of the total
number of shares of stock entitled to vote on the matter to be brought before the proposed special meeting, and that shareholders may
only conduct business at special meetings of shareholders that was specified in the notice of the meeting.

Advance notification of shareholder nominations and proposals. Our Bylaws establish advance notice procedures with respect to shareholder proposals and the nomination of candidates
for election as directors, other than nominations made by or at the direction of our board.

Exclusive forum provision. Our Bylaws provide
that unless we consent in writing to the selection of an alternative forum, the United States District Court for the Eastern District
of Virginia, Alexandria Division, or in the event that court lacks subject matter jurisdiction to hear such action, the Circuit Court
of the County of Fairfax, Virginia, will be the sole and exclusive forum for (i) any derivative action or proceeding brought on our behalf,
(ii) any action for breach of duty to the Company or our shareholders by any current or former officer or other employee or agent or director
of the Company, (iii) any action against the Company or any current or former officer or other employee or agent or director of the Company
arising pursuant to any provision of the VSCA (as it may be amended from time to time) or our Articles of Incorporation or our Bylaws
(as either may be amended from time to time), or (iv) any action against the Company or any current or former officer or other employee
or agent or director of the Company governed by the internal affairs doctrine. Any person or entity purchasing or otherwise acquiring
or holding any interest in shares of our capital stock will be deemed to have notice of and consented to the