Virtus Investment Partners, Inc. (NASDAQ:VRTS) 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.
At a meeting of the Board of Directors (the “Board”) of Virtus Investment Partners, Inc., a Delaware corporation, (the “Company”) held on February 14, 2018, the Board approved and adopted, effective as of such date, an amendment (the “Amendment”) to the Amended and Restated Bylaws of the Company (the “Bylaws”).
Section 1.05 of Article I of the Bylaws has been amended to provide that, in any uncontested election of directors, any director nominee who receives a greater number of votes “withheld” from such director nominee’s election than votes “for” such director nominee’s election shall promptly tender such director nominee’s resignation subject to acceptance by the Board. The Board’s decision, which shall not involve the participation of any incumbent director who fails to receive a majority of the votes cast in an uncontested election of directors, shall be promptly disclosed in a public announcement. An election of directors is a “contested election” if the number of nominees exceeds the number of directors to be elected.
A complete copy of the Company’s Bylaws, including the language added by this Amendment appearing in Section 1.05 of Article I, is attached hereto as Exhibit 3.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits:
Exhibit No.Description
VIRTUS INVESTMENT PARTNERS, INC. ExhibitEX-3.1 2 amendedandrestatedbylaws.htm EXHIBIT 3.1 Exhibit AMENDED AND RESTATEDBYLAWSOFVIRTUS INVESTMENT PARTNERS,…To view the full exhibit click here
About Virtus Investment Partners, Inc. (NASDAQ:VRTS)
Virtus Investment Partners, Inc. is a provider of investment management and related services to individuals and institutions. The Company provides its products in various forms and through multiple distribution channels. Its retail products include open-end mutual funds, closed-end funds, exchange traded funds, variable insurance funds, undertakings for collective investments in transferable securities (UCITS) and separately managed accounts. Its open-end mutual funds are distributed through intermediaries. Its closed-end funds trade on the New York Stock Exchange. Its variable insurance funds are available as investment options in variable annuities and life insurance products distributed by life insurance companies. Separately managed accounts consists of intermediary programs, sponsored and distributed by unaffiliated brokerage firms, and private client accounts, which are offered to the high net-worth clients of its affiliated managers.
