- 01
TinyBuild, Inc. centralizes corporate authority within the Board of Directors, granting them broad powers to fill vacancies, set compensation, and establish committees.
- 02
Stockholders are prohibited from taking action by written consent and must adhere to strict notice periods of 75 to 105 days for director nominations or business proposals.
- 03
The Delaware Court of Chancery is designated as the exclusive forum for internal corporate litigation, while federal courts are mandated for Securities Act claims.
- 04
A quorum for stockholder meetings generally requires a majority of issued shares, though this threshold can be reduced to one-third under specific board-approved conditions.
- 05
The bylaws mandate the indemnification of directors and officers for legal expenses, provided actions were taken in good faith, excluding cases of intentional misconduct or breaches of loyalty.
- 06
Governance protocols allow for modern operational flexibility, permitting the board to conduct business via remote communication or unanimous written consent.
- 07
The corporation reserves the right to refuse stock registrations that violate the Securities Act of 1933 and recognizes only registered owners for voting and dividend purposes.