Market Exclusive

PAYLOCITY HOLDING CORPORATION (NASDAQ:PCTY) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

PAYLOCITY HOLDING CORPORATION (NASDAQ:PCTY) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

Item5.03. Amendments to Articles of Incorporation or Bylaws

On May30, 2017, the Board of Directors of Paylocity Holding
Corporation (the Company) approved an amendment to the Amended
and Restated Bylaws of the Company (the Bylaws Amendment),
effective immediately, to remove provisions in Section8.2
relating to the reimbursement of fees associated with a violation
of the Companys bylaws by a stockholder plaintiff who files an
action in a forum other than the state and federal courts located
within the state of Delaware.

The foregoing description of the Bylaws Amendment is only a
summary, does not purport to be complete, and is qualified in its
entirety by reference to the Bylaws Amendment, a copy of which is
attached as Exhibit3.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d)Exhibits.

ExhibitNo.

Description

3.1

Amendment to the Amended and Restated Bylaws of the
Company.

About PAYLOCITY HOLDING CORPORATION (NASDAQ:PCTY)
Paylocity Holding Corporation is a cloud-based provider of payroll and human capital management (HCM), software solutions for medium-sized organizations. The Company’s services are provided in a software-as-a-service delivery model utilizing its cloud-based platform. The cloud-based platform provides a suite of applications using a multi-tenant architecture. The cloud-based platform features a suite of unified payroll and HCM applications. The Company, through cloud-based platform, offers various products, which include Paylocity Web Pay, Paylocity HR, Paylocity Affordable Care Act Enhanced, Paylocity Impressions, Performance Management, Self-Service HR Portals, Paylocity Recruiting, Paylocity Web Time, Paylocity Web Onboarding, and Paylocity Web Benefits and Paylocity Enterprise Benefits, Powered by bswift. The multi-tenant software platform is configurable and includes a unified suite of payroll and HCM applications, such as time and labor tracking, benefits and talent management. PAYLOCITY HOLDING CORPORATION (NASDAQ:PCTY) Recent Trading Information
PAYLOCITY HOLDING CORPORATION (NASDAQ:PCTY) closed its last trading session up +0.09 at 46.85 with 279,871 shares trading hands.

Exit mobile version