Summary by Futu AI
On December 5, 2024, Salesforce's Board of Directors approved amendments to the company's Amended and Restated Bylaws, effective immediately. The revisions focus on refining procedural standards for shareholder-initiated director nominations and business proposals, excluding those under Rule 14a-8. The amendments also clarify information requirements for associated persons and modify terms for indemnifying directors, officers, employees, and agents.The updated bylaws incorporate recent changes to the Delaware General Corporation Law regarding stockholder lists and meeting adjournments. These amendments reflect Salesforce's commitment to maintaining current corporate governance practices while streamlining administrative procedures.