Bylaw Amendment Proposal Sample Clauses

Bylaw Amendment Proposal. (i) UCP shall include in the UCP Proxy Statement a proposal seeking stockholder approval to amend the UCP Bylaws for the purpose of amending the vote required for UCP’s stockholders to alter, amend or repeal any provision of the UCP Bylaws, as set forth in Section 8.4 of the Amended Bylaws (the “Bylaw Amendment Proposal”, and together with the Declassification Proposal, the Special Meeting Proposal, the Written Consent Proposal, and the Director Removal Proposal, the “Governance Proposals”). (ii) The UCP Board shall recommend, and UCP shall support and solicit proxies for, the approval of the Bylaw Amendment Proposal, at the 2017 Annual Meeting.