URBAN EDGE PROPERTIES (NYSE:UE) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal YearItem 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On February 23, 2018, the Board of Trustees the ("Board of Trustees") of Urban Edge Properties (the "Company") amended Section 7 of Article II of the Amended and Restated Bylaws of the Company to change the voting standard for trustee elections from a plurality voting standard to a majority voting standard (the "Bylaw Amendment"). Accordingly, to the Bylaw Amendment, at any meeting of shareholders duly called at which a quorum is present and at which trustees are to be elected: (i) each nominee in an uncontested election shall be elected by the vote of the majority of the votes cast with respect to that trustee’s election; and (ii) in a contested election, the nominees receiving a plurality of the votes cast shall be elected. In addition, the Bylaw Amendment clarifies the treatment of trustees and trustee seats if the number of trustees is decreased as of the end of a trustee term.
The foregoing description of the Bylaw Amendment does not purport to be complete and is subject to, and qualified in its entirety by reference to, the full text of the Bylaw Amendment, which is included as Exhibit 3.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits:
Urban Edge Properties ExhibitEX-3.1 2 amendmentno1totheamendedan.htm EXHIBIT 3.1 Exhibit AMENDMENT NO. 1 TOAMENDED AND RESTATED BYLAWSOFURBAN EDGE PROPERTIESArticle II,…To view the full exhibit click here
About URBAN EDGE PROPERTIES (NYSE:UE)
Urban Edge Properties is a real estate investment trust focused on managing, developing, redeveloping and acquiring retail real estate in urban communities, in the New York metropolitan region. The Company owns approximately 80 shopping centers, over three malls and a warehouse park adjacent to one of its centers. The Company’s portfolio totals approximately 14.8 million square feet. It has approximately 1,100 leases. It leases approximately 20 properties under ground and/or building leases. The Company’s shopping centers and malls include Signal Hill, Vallejo, Walnut Creek, Newington, Waterbury, Baltimore, Glen Burnie, Rockville, Wheaton, Cambridge, Chicopee, Milford, Springfield, Salem, Bergen Town Center, Carlstadt, Cherry Hill, Dover, East Brunswick, Eatontown, Englewood, Hackensack, Hazlet, Lawnside, Montclair, Totowa, Watchung, Bronx, Buffalo, Huntington, Rochester, Allentown, Broomall, Springfield, Charleston, Norfolk, Las Catalinas and Montehiedra.
