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Exhibit 10.1

EMPLOYEE NON-SOLICITATION, NON-COMPETE 
AND CONFIDENTIALITY AGREEMENT

    This NON-SOLICITATION, NON-COMPETE AND CONFIDENTIALITY AGREEMENT is made and entered into this ___ day of [MONTH, YEAR] (this “Agreement”) by and between Albemarle Corporation and its parents, affiliates, subsidiaries, successors, assigns and any other entities under their control (the “Company”) and [EMPLOYEE NAME] (the “Employee”) (together, the “Parties”).
    WHEREAS in the course of Employee’s employment with the Company, Employee will be exposed to and have access to the Company’s confidential and proprietary information, trade secrets and other legally protectable business information, from which the Company derives commercial competitive value, and in which the Company has a legitimate interest in protecting; and
    WHEREAS the promises made by Employee to the Company under this Agreement are supported by good, valuable and substantial consideration, as described in Paragraph 1(f) below; 
    NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, and for other good and valuable consideration, including long term awards under the Albemarle Corporation’s Incentive Plans (as amended, from time to time) and/or Employee’s continuing employment by the Company, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending legally to be bound, agree as follows:
1.Restrictive Covenants.
a.Confidentiality.  Employee agrees that both during and at all times after Employee’s employment with the Company, Employee will not disclose to any third party or use in any way (except in performing Employee’s duties while employed by the Company and in the interests of the Company and/or its affiliates) any Confidential Information, proprietary information, Trade Secrets (as that phrase is defined in Paragraph 1(a)(iii) below), or other legally protectable information belonging to the Company or relating to the Company’s customers, licensors, subscribers or distributors (“Customers”), regardless of the form in which such information is maintained, whether in hard-copy or electronic form, and regardless of whether such information constitutes an original or a copy.
i.For purposes of this Agreement, the phrase “Confidential Information” means, without limitation, any and all information that is not generally known to the public or which the Company considers to be confidential, received from and concerning, directly or indirectly, the affairs of the Company or received by the Company from a third party under obligations of confidentiality, and includes without limitation: Customer or supplier lists; research; financial, purchasing, and business planning information; financial and business projections and plans; drawings and designs; marketing and promotional information, ideas and strategies; marketing surveys and analyses; technologies; budgets; pricing policies, plans and strategies; invoices; actual and projected revenues and profits; Customer identities and Customer lists; Customer documents, files, and accounts; information relating to the Company’s personnel or any other personnel data or information; the terms or structure of the Company’s contracts and agreements with Customers, including draft or prospective contracts; information relating to the Company’s products and services; and any other information relating to the Company and its products, services or contracts that Employee acquired as a result of Employee’s employment with the Company and that is not generally known or available to the public.  Notwithstanding anything in this Agreement or any code of conduct or ethics, disclosure policy or other code, policy or similar document of the Company to the contrary, nothing herein or therein shall 

restrict Employee from reporting to the Securities and Exchange Commission, or communicating directly with its staff, about a possible securities law violation.
ii.For the avoidance of doubt, Confidential Information shall also include the following and any information derived directly or indirectly from any of the following; provided, however, that the following is not intended as an all-inclusive list of Confidential Information that Employee may receive, learn, or derive during his/her employment and does not limit in any way the generality of the foregoing:
Sales and Marketing Information: all information related to or concerning the Company’s operations including, but not limited to, the identity, number, and location of any and all customers, and volume and pricing and/or revenue for any and all products sold or provided to each and all of such customers; and information related to sales techniques, marketing strategy, market surveys, sales projections, market or sales forecasts, and the like, however embodied.
Management and Corporate Information:  all information related to or concerning any and all compensation programs for employees of the Company and/or any and all organization charts, corporate structure, or reporting or control diagrams or processes, and the like, however embodied.  
Technical Information:  all information related to or concerning the Company’s manufacturing techniques, any and all product properties and characteristics, any and all composition of any and all products, manufacturing capacity and capabilities, manufacturing processes, quality control, plant layout, shipping methods and capabilities, data, know-how, formulas, compositions, processes, documents, designs, sketches, photographs, plans, graphs, drawings, specifications, equipment, reports, customer lists, studies, findings, Inventions, raw material utilizations, raw material sources, ideas, and the like, however embodied.
Financial Information:  all information related to or concerning any and all pricing or prices for the Company’s products, raw materials, packaging, labor and overhead, fixed costs, variable costs, margins, selling policies, returns and allowances policies, discount policies of any kind, and the like, however embodied.
Other Information: all information of whatever nature and however embodied that gives the Company an opportunity to obtain an advantage over others that do not know or use such information.
iii.For purposes of this Agreement, the term “Trade Secrets” shall include, without limitation, any and all information (including, also without limitation, a formula, pattern, compilation, program, device, method, technique, or process) that derives independent economic value, actual or potential, from not being generally known to or readily ascertainable through appropriate means by other persons who might obtain economic value from its disclosure or use, and that is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.
b.No Solicitation of Employees.  Employee agrees that, both during Employee’s employment with the Company and for a period of one (1) year following the termination of Employee’s employment with the Company at any time and for any reason (the “Restricted Period”), Employee will not, directly or indirectly, on Employee’s own behalf or on behalf of any other person or entity (regardless of who first initiates the communication), hire or solicit to 
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hire for employment or consulting or other provision of services, any person who is actively employed or engaged (or in the preceding six (6) months was actively employed or engaged) by the Company.  This includes, but is not limited to, inducing or attempting to induce, or influencing or attempting to influence, any person employed or engaged by the Company to terminate his or her relationship with the Company; helping to identify or evaluate Company employees for recruitment away from the Company; and helping any person or entity hire an employee away from the Company.
c.No Solicitation of Customers.  Employee agrees that, both during Employee’s employment and during the Restricted Period, Employee will not directly or indirectly, on Employee’s own behalf or on behalf of any other person or entity, solicit the business of or provide services or goods similar to the services or goods provided by the Company to any Customer or any other entity with which the Company has an agreement to perform services or provide goods during the six (6) month period prior to Employee’s separation from the Company.  Employee further agrees not to directly or indirectly contact any Customers for the purpose of soliciting such Customer to purchase or license a product or service that is the same as, similar to or in competition with those products and/or services offered, made, or rendered by the Company.
d.Non-Competition.  During Employee’s employment with the Company and during the Restricted Period, Employee shall not, on Employee’s own behalf or on behalf of others, directly or indirectly, (whether as an employee, consultant, investor, owner, partner or otherwise) work for any Competing Business within the United States or any other country where Employee has worked and/or conducted business for the Company within the six (6) month period prior to Employee’s separation from the Company.  “Competing Business” means (i) any individual, corporation, partnership, business or other entity which operates or attempts to operate a business which provides, designs, develops, markets, engages, invests in, produces or sells any products, services or businesses which are the same or similar to those produced, marketed, invested in or sold by the Company, and (ii) employment by any Customer to whom Employee directly provided services while employed by the Company, if the purpose of such employment by the Customer is to provide to Customer the same or similar services Employee provided to Customer while Employee was employed by the Company. The above notwithstanding, the ownership, for investment purposes, of up to one percent (1%) of the total outstanding equity securities of a publicly traded company, shall not be considered a violation of this subparagraph (d).
e.Enforcement.
i.Employee acknowledges that the restrictions contained in Paragraph 1 are necessary to protect the Company’s Confidential Information and its other proprietary information, Trade Secrets and other legally protectable business information; and further acknowledges and agrees that each and every restriction in Paragraph 1 is reasonable in all respects, including duration, territory and scope of activity.
ii.Employee agrees that the restrictions contained in Paragraph 1 shall be construed as separate agreements independent of any other provision of this Agreement or any other agreement between Employee and the Company.  To the extent that any restriction contained in Paragraph 1 is determined by any court of competent jurisdiction to be unenforceable, the Parties expressly agree and intend that such restriction be reduced in scope to the extent permitted by law, and that such remaining restriction be enforced, and that all other restrictions under this Agreement shall remain in full force and effect.
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iii.Employee agrees that the existence of any claim or cause of action by Employee against the Company shall not constitute a defense to the enforcement by the Company of the covenants and restrictions contained in this Agreement.
iv.Employee agrees that the injury the Company will suffer in the event of the breach by Employee of any of the restrictions Paragraph 1 will cause the Company irreparable injury that cannot be adequately compensated by monetary damages alone.  Therefore, Employee agrees that the Company, without limiting any other legal or equitable remedies available to it, shall be entitled to obtain equitable relief by injunction or otherwise, without the posting of any bond, from any court of competent jurisdiction, including, without limitation, injunctive relief to prevent the employee’s failure to comply with the terms and conditions of this Paragraph 1.  The periods of time referenced in each of subparagraphs (b), (c) and (d) above shall be tolled on a day-for-day basis for each day during which Employee violates the provisions of subparagraphs (b), (c) or (d) in any respect, so that Employee is restricted from engaging in the activities prohibited by subparagraphs (b), (c) and (d) for the full-stated time period.
f.Consideration for Covenants. Employee acknowledges that Employee has received good and valuable consideration for the promises that Employee makes under this Agreement, including without limitation employment by the Company, continued employment by the Company, compensation received from the Company, and/or, as applicable, awards under the Company’s 2017 Incentive Plan and any predecessor or successor thereto. 
2.Written Notice of New Employer or Enterprise.  Employee agrees that if Employee decides to leave the Company to engage in new employment, Employee will provide written notice to Employee’s direct supervisor ten (10) days prior to resignation. Such written notice shall include (i) the new employer; and (ii) the position to be assumed and/or the nature of the business enterprise planned on pursuing.  Within ten (10) business days from receipt of the written notice, the Company agrees to notify Employee as to whether the position and/or business enterprise listed in the written notice would violate the provisions set forth above. The Company agrees to exercise its reasonable judgment in making this determination. If the Company determines that there is no potential violation, the Company will provide Employee with a written release. If the Company determines that Employee’s proposed new job would be in violation of the non-competition provisions of this Agreement, the Company will forward to Employee, within that same ten (10) business day period, written notice explaining the reasons why there is a violation.
3.Discretionary Salary Continuation; Right to Recoup.
a.Discretionary Salary Continuation.  If, upon notice from Employee of a new employer or enterprise under Paragraph 2 above, the Company elects to enforce the noncompetition restrictions of Paragraph 1(d) above, the Company will pay Employee, for the duration of the Restricted Period (or for any shorter portion of the Restricted Period the Company may choose to enforce), the salary in effect in Employee’s last role with the Company at the time of Employee’s separation from the Company; provided, however, that the Company may, at any time and in its sole and absolute discretion, choose to waive its rights under this Agreement and not commence (or, if applicable, cease) payment of the 12-month salary continuation under this Paragraph 3(a); and further provided, that if Employee is terminated by the Company for cause, the Company shall not have an obligation to make any payment under this Paragraph 3(a), and that the other consideration recited in Paragraph 1(f) above remains good and valuable consideration for the Company’s full enforcement of this Agreement. 
b.End of Salary Continuation.  If at any time Employee finds new employment during the 12-month period, Employee further agrees to proceed in accordance with Paragraph 2 
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in order to obtain approval from the Company.  In the event that such new employment is approved by the Company as not violating the provisions of this Agreement, Employee acknowledges and agrees that the Company may immediately discontinue any further payments during the 12-month period; provided, however, that the remaining provisions of this Agreement shall remain in full force and effect.
c.Right to Recoup Payments.  As long as the Company chooses to pay Employee during the 12-month period, those payments will be made to Employee in regular installments as if Employee had remained a Company employee.  Any amounts that Employee actually earns during the 12-month period in a position and/or business enterprise that is not in violation of this Agreement will be subtracted from the payments from the Company to Employee.  Employee further acknowledges and agrees that in the event that such amounts Employee earns are not subtracted from the payments received from the Company, Employee will reimburse the Company in the amounts equal to what Employee earned during the 12-month period.  Employee further acknowledges and agrees that the Company has the right to pursue all remedies available at law and equity to recoup any payments in the event Employee fails to reimburse the Company for such amounts.
4.Record Keeping and Laboratory Notebooks.  Employee agrees to prepare, maintain, and file such proper records and notebooks as directed by Employee’s supervisor.  Employee further recognizes and agrees that, subject to the relevant laws, all records, data, information, and all notebooks kept by Employee during the course of Employee’s employment or which are related to the subject of this Agreement, whether or not directed by Employee’s supervisor, are the property of the Company, including the content thereof as well as any reproductions, copies, etc., and will be returned to the Company upon termination of Employee’s employment. 
5.Return of Company Property. Employee agrees not to remove (either physically or electronically) any property belonging to the Company from the Company’s premises, except as required in the ordinary course of Employee’s employment, unless the Company grants Employee express written authorization to do so.  Upon the termination of Employee’s employment, and earlier if the Company so requests at any time, Employee shall promptly deliver to the Company (and shall not keep copies in Employee’s possession or deliver to any other person or entity) all of the Company’s property in Employee’s possession.  This requirement to return the Company’s property shall also be a condition of Employee’s right to keep an amount of money or benefit paid to Employee upon Employee’s termination, if any.  Further, the Company has the right to pursue all legal remedies to: (i) achieve the return of Company property; (ii) recoup any money, or value of any benefit, paid to Employee upon Employee’s termination; and (iii) obtain its reasonable attorneys’ fees, costs, or disbursements incurred in the exercise of its legal rights under the Paragraph.
6.Assignment, Binding Effect and Beneficiaries.  Neither Party may assign this Agreement without the prior written consent of the other, except that the Company may assign the Agreement including, but not limited to, the non-competition covenant in Paragraph 1(d), to any entity acquiring all or substantially all of the assets or the business of the Company in which Employee is primarily employed.  This Agreement will be binding upon each Party and inure to the benefit of each of them, their affiliates, subsidiaries, successors, assigns and any other entities under each Party’s control.  Accordingly, the Parties acknowledge and agree that this agreement is intended to benefit each Party, including their affiliates, subsidiaries, successors, assigns and any other entities under each Party’s control and each is intended to be a beneficiary of the terms of this agreement.
7.Waiver or Modification.  Any waiver by the Company of a breach of any provision of this Agreement shall not operate as, or be construed to be, a waiver of any other breach of such provision of this Agreement.  The failure of the Company to insist on strict adherence to any 
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term of this Agreement on one or more occasions shall not be considered a waiver or deprive the Company of the right thereafter to insist on strict adherence to that term or any other term of this Agreement.  Neither this Agreement nor any part of it may be waived, changed or terminated orally, and any waiver, amendment or modification must be in writing signed by Employee and the Company’s appropriate representative.
8.Choice of Law.  The parties agree that this Agreement shall be deemed to have been made and entered into in North Carolina and that the law of North Carolina shall govern this Agreement, without regard to conflict of laws principles.  Jurisdiction and venue is exclusively limited in any proceeding by the Company or Employee to enforce their rights hereunder to any state or federal court geographically located in North Carolina, and the parties to this Agreement hereby irrevocably consent to the jurisdiction of such court. Further, Employee hereby waives any objection to the jurisdiction and venue of the state or federal courts in North Carolina, including any objection to personal jurisdiction, venue, and/or that such court is located in an inconvenient forum (i.e., forum non-conveniens), in any proceeding by the Company to enforce its rights hereunder.  Employee agrees not to object to any motion, petition or request filed by the Company to remove an action filed by Employee from a forum or court not located in North Carolina.
9.Entire Agreement.  (a)  Except as otherwise provided in subparagraph (b) hereof, this Agreement contains the entire understanding of the Parties relating to the subject matter of this Agreement and supersedes all other such prior written or oral agreements, understandings or arrangements relating to such subject matter, and Employee acknowledges that in entering into this Agreement, Employee does not rely and has not relied on any statements or representations not contained in this Agreement.
(b)  Notwithstanding the provisions of subparagraph (a) hereof, the provisions of this Agreement are intended to supplement, and not to supersede, the provisions of [LIST AGREEMENTS].
10.Voluntary Agreement.  By signing below, Employee represents and agrees that Employee was given adequate time to read, understand and consideration that Agreement before signing it; that Employee was encouraged by the Company to consult with an attorney before signing it; that Employee is aware of the nature and effect of the restrictions and obligations of this Agreement, and intends to be bound by them; and that Employee is entering into this Agreement knowingly, voluntary, and Employee’s own free will, and without duress or coercion.  
11.Employment at Will.  Employee acknowledges and agrees that Employee’s employment with the Company is “at will” employment.  Employee is free to resign and terminate Employee’s employment with the Company at any time for any reason.  The Company is free to terminate Employee’s employment with the Company at any time for any reason.  Notwithstanding any other provision of this Agreement, this Agreement is not intended to create, and shall not be construed to create, a contract of employment or other modification to Employee’s “at will” status.
12.Severability.  Any term or provision of this Agreement that is determined to be invalid or unenforceable by any court of competent jurisdiction in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such invalidity or unenforceability without rendering invalid or unenforceable the remaining terms and provisions of this Agreement or affecting the validity or enforceability of any of the terms or provisions of this Agreement in any other jurisdiction and such invalid or unenforceable provision shall be modified by such court so that it is enforceable to the extent permitted by applicable law.
13.Headings.  The headings of any paragraphs in this Agreement are for reference only and shall not be used in construing the terms of this Agreement.
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14.Disclosure of Obligations.  Employee consents to the Company’s notification to any third party of the existence of this Agreement.
15.Survival.  The covenants, agreement, representations and warranties contained in this Agreement shall survive the termination of Employee’s employment with the Company at any time and for any reason. 
    IN WITNESS WHEREOF, this Agreement has been executed and delivered by the Parties as of the first date written above.

ALBEMARLE CORPORATION                [EMPLOYEE NAME]

By: _______________________                ____________________________
Its [TITLE]

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Exhibit 4.3

Description of HAMILTON BEACH BRANDS HOLDING COMPANY’s Securities Registered Pursuant To Section 12 of the Securities Exchange Act Of 1934

The following description sets forth certain material terms and provisions of the securities of Hamilton Beach Brands Holding Company (“we,” “us” or “our”) that are registered under Section 12 of the Securities Exchange Act of 1934, as amended.  This description also summarizes relevant provisions of Delaware law.  The following summary does not purport to be complete and is subject to, and is qualified in its entirety by, the provisions of our certificate of incorporation and bylaws, copies of which are filed as exhibits to the Annual Report on Form 10-K of which this Exhibit 4.3 is a part, and by the applicable provisions of Delaware law.

As of the date of this filing, we are authorized to issue up to 100 million shares of common stock (comprised of 70 million shares of our Class A Common and 30 million shares of our Class B Common), par value $0.01 per share, and 5 million shares of preferred stock, par value $0.01 per share.

Common Stock

Voting Rights

Subject to the rights of the holders of any series of preferred stock, each share of our Class A Common entitles the holder of the share to one vote on all matters submitted to our stockholders, and each share of our Class B Common entitles the holder of the share to ten votes on all such matters. 

Dividends and Other Distributions 

Subject to the rights of the holders of any series of preferred stock, each share of our Class A Common and our Class B Common is equal in respect of rights to dividends and other distributions in our cash, stock or property, except that in the case of dividends or other distributions payable in our stock, including distributions pursuant to split-ups or divisions of our stock, only our Class A Common is distributed with respect to our Class A Common and only our Class B Common is distributed with respect to our Class B Common.  In the event of a future spin-off of one of our subsidiaries, the Hamilton Beach Brands Holding Company amended and restated certificate of incorporation permits the Company to elect to distribute to each holder of our Class A Common shares of the Class A common stock of such subsidiary and to each holder of our Class B Common shares of the Class B common stock of such subsidiary.  In the case of any consolidation, merger or sale of all, or substantially all, of our assets as a result of which our stockholders will be entitled to receive cash, stock other securities or other property with respect to or in exchange for their shares of our stock, each holder of our Class A Common and our Class B Common will be entitled to receive an equal amount of consideration for each share of our Class A Common or our Class B Common held by such holder.

Restrictions on Transfer of Class B Common; Convertibility of Class B Common into Class A Common. 

Our Class B Common generally is not transferable by a stockholder except to or among such holder’s spouse, certain relatives of such holder, and spouses of such relatives, certain trusts established for their or another permitted transferee’s benefit, certain corporations, limited liability companies and partnerships owned by them and certain charitable organizations.  

Our Class B Common is, however, convertible at all times, and without cost to the stockholder, into our Class A Common on a share-for-share basis.  Therefore, stockholders desiring to sell the equity interest in us represented by their shares of our Class B Common may convert those shares into an equal number of shares of our Class A Common and sell the shares of our Class A Common.  A stockholder who does not wish to complete the 

conversion process before a sale may effect a sale of our Class A Common into which such stockholder’s shares of our Class B Common is convertible.  

Other than pursuant to conversions into our Class A Common as described above, a holder of shares of our Class B Common may transfer such shares (whether by sale, assignment, gift, bequest, appointment or otherwise) only to a permitted transferee, which is defined generally as follows: 

1.to the extent such person is a natural person, any of the lineal descendants of a great, great, great, great grandparent of such holder of our Class B Common, including children adopted before age 18 or any spouse (including a widow or widower) of such lineal descendant, any of the spouses of a lineal descendant of a great, great, great, great grandparent of such Class B stockholder’s spouse, any lineal descendant of any spouse of a lineal descendant of a great, great, great, great grandparent of such Class B stockholder (such persons, including such holder of our Class B Common, are hereinafter referred to as such “Class B stockholder’s family members”);

2.a trust for the benefit of such Class B stockholder’s family members and certain charitable organizations;

3.certain charitable organizations established by such Class B stockholder’s family members; and

4.a corporation whose stockholders, a partnership whose partners or a limited liability company whose members, are made up exclusively of such Class B stockholder’s family members, any trust described in (2) above or any other permitted transferees.

In the case of a corporation or limited liability company, shares of our Class B Common also may be transferred to a successor by merger or consolidation, provided that each stockholder of each other corporation or member of each other limited liability company, as applicable, which is a party to such merger or consolidation is, at the time of such transaction, a stockholder of such corporation or a permitted transferee of at least one stockholder of such corporation or a member of such limited liability company or a permitted transferee of at least one member of such limited liability company.  Class B Common shares being beneficially held pursuant to a trust may be transferred to (i) any person, as of the record date, to whom or for whose benefit principal may be distributed under the terms of the trust, (ii) the person or persons who established such trust, and (iii) permitted transferees of any such person described in subclause (i) or (ii).  Shares beneficially held by certain charitable organizations may be transferred to the Class B stockholder who or that transferred such shares to the charitable organization and to such holder’s permitted transferees.

The restrictions on the transferability of our Class B Common are set forth in full in Section 3 of Article IV of our amended and restated certificate of incorporation.  Each certificate representing shares of our Class B Common will bear a legend indicating that the shares of our Class B Common are subject to restrictions on the transfer and registration of transfer thereof.

Any purported transfer of shares of our Class B Common not permitted under our amended and restated certificate of incorporation will be void and of no effect and the purported transferee will have no rights as our stockholder and no other rights against or with respect to us.  We may, as a condition to the transfer or registration of transfer of shares of our Class B Common to a permitted transferee, require the furnishing of such affidavits or other proof as we deem necessary to establish that such transferee is a permitted transferee.

Additional shares of our Class B Common will not be issued without an affirmative vote of the holders of a majority of our outstanding voting stock, except in connection with stock splits and stock dividends.  All shares of our Class B Common received by us when stockholders convert them into our Class A Common or that are otherwise acquired by us will be retired and not reissued.

Other Provisions

Neither our Class A Common nor our Class B Common carry any preemptive rights enabling a holder to subscribe for or receive shares of our stock of any class or any other securities convertible into shares of our stock.

Listing 

Our Class A Common is quoted on the NYSE under the symbol “HBB.” Our Class B Common is not listed on the NYSE or any other stock exchange.

Preferred Stock

Our Board is authorized to issue one or more series of up to 5 million shares of preferred stock.  With respect to each series of the preferred stock, our Board has the authority, consistent with our amended and restated certificate of incorporation, to determine the following terms:

1.the number of shares and the designation of any series; 

2.the voting powers, if any, of the shares of such series and whether such voting powers are full or limited; 

3.the redemption provisions, if any, applicable to such series, including the redemption price or prices to be paid; 

4.whether dividends, if any, will be cumulative or noncumulative, the dividend rate or rates of such series and the dates and preferences of dividends of such series; 

5.the rights of such series upon our voluntary or involuntary dissolution, or upon any distribution of our assets; 

6.whether the shares are convertible into, or exchangeable for, any of our other stock, the price or rate of conversion or exchange and the applicable terms and conditions; 

7.the right, if any, to subscribe for or to purchase any of our securities or of any other corporation or other entity; 

8.the provisions, if any, of any sinking fund applicable to such series; and 

9.any other relative, participating, optional or other powers, preferences or rights, and any qualifications, limitations or restrictions, of such series; 

    The issuance of preferred stock may adversely affect the voting rights and other rights of the holders of common stock.

Provisions That May Have an Anti-Takeover Effect

Our amended and restated certificate of incorporation contains provisions that may make the acquisition of control of us by means of a tender offer, open market purchase, proxy fight or otherwise more difficult.  Our amended and restated bylaws also contain provisions that could have an anti-takeover effect. 

These provisions of our amended and restated certificate of incorporation and our amended and restated bylaws are designed to encourage persons seeking to acquire control of us to negotiate the terms with our Board.  We believe that, as a general rule, the interests of our stockholders are best served if any change in control results from negotiations with our Board based upon careful consideration of the proposed terms, such as the price to be paid to stockholders, the form of consideration to be paid and the anticipated tax effects of the transaction.  Stockholders are not generally permitted to call a special meeting of stockholders.  However, in the future, preferred stock may be designated that permits the holders of such preferred stock to call a special meeting of the holders of such class of preferred stock.  Subject to the rights of holders of our preferred stock, our directors must be nominated in accordance with Section 3 of Article II of our amended and restated bylaws, which provides that nominations for election as directors at an annual meeting of our stockholders may only be made (i) by or at the direction of our Board or a committee thereof or (ii) by any stockholder who is entitled to vote at such annual meeting and who complies with the additional requirements of such section.

The provisions could, however, have the effect of discouraging a prospective acquirer from making a tender offer or otherwise attempting to obtain control of us.  To the extent that these provisions discourage takeover attempts, they could deprive stockholders of opportunities to realize takeover premiums for their shares.  Moreover, these provisions could discourage accumulations of large blocks of shares of our Class A Common, thus depriving stockholders of any advantages that large accumulations of stock might provide.  Set forth below is a summary of the relevant provisions of our amended and restated certificate of incorporation and our amended and restated bylaws and certain applicable sections of the Delaware General Corporation Law (“DGCL”).  This summary may not contain all of the information that is important to you and is subject to, and is qualified by reference to, all of the provisions of our amended and restated certificate of incorporation and our amended and restated bylaws and the DGCL.

Restrictions on Certain Transactions with Interested Persons

We are subject to Section 203 of the DGCL, which prohibits certain business combinations and transactions between a corporation and an “interested stockholder” for at least three years after the interested stockholder becomes an interested stockholder, unless:

•before the interested stockholder’s share acquisition date, the board approved either the business combination or the purchase of shares by the interested stockholder;

•upon consummation of the transaction that resulted in the stockholder becoming an interested stockholder, the interested stockholder owned at least 85% of the voting stock of the corporation outstanding at the time the transaction commenced, excluding for purposes of determining the voting stock outstanding (but not the outstanding voting stock owned by the interested stockholder) those shares owned (i) by persons who are directors and also officers and (ii) employee stock plans in which employee participants do not have the right to determine confidentially whether shares held subject to the plan will be tendered in a tender or exchange offer; or

•the transaction is approved by the board and authorized at an annual or special meeting of stockholders, and not by written consent, by the affirmative vote of at least 66 2/3% of the outstanding voting stock, after excluding shares controlled by the interested stockholder.

    An “interested stockholder” is any person that (i) is the owner of 15% or more of our outstanding voting stock, or (ii) is our affiliate or associate and was the owner of 15% or more of our outstanding voting stock at any time within the 3-year period immediately before the date on which it is sought to be determined whether such person is an interested stockholder, and the affiliates and associates of such person.  

Special Vote Required for Certain Amendments to Organizational Documents

Certain provisions of our amended and restated certificate of incorporation, such as those set forth in Article V (election and removal of directors), Article VI (amendment of bylaws) and Article IX (rights to indemnification), may not be amended or repealed except by the affirmative vote of the holders of at least 80% of the voting power of our outstanding voting stock, voting together as a single class.  Such 80% vote is also required to adopt any provisions inconsistent with any of the provisions of Article I, Sections 1 (time and place of meetings of stockholders), 3 (special meetings of stockholders) and 8 (order of business at meetings of stockholders), Article II, Sections 1 (number and term of office of directors), 2 (vacancies and new directorships), 3 (nominations and election of directors) and 4 (powers of directors) and Article VII (amendments to bylaws) of our amended and restated bylaws.  

Other Provisions

Certain other provisions of our amended and restated certificate of incorporation and our amended and restated bylaws may also tend to discourage attempts to acquire control of us.  These include advance notice requirements for director nominations and stockholder proposals and provisions that prohibit stockholder action being effected by written consent.

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