Delaware
|
1-11921
|
94-2844166
|
(State
or other jurisdiction of incorporation)
|
(Commission
File Number)
|
(I.R.S.
Employer Identification No.)
|
Type
of Exchanged Note
|
Aggregate
Principal
Amount
of
Exchange
Notes
|
Number
of
Shares
Issued
to
Holders
|
||||||
7
3/8% Senior Notes due September 2013
|
$11,000,000 | 2,431,087 | ||||||
7
7/8% Senior Notes due December 2015
|
$5,000,000 | 1,103,244 | ||||||
Totals:
|
$16,000,000 | 3,534,331 |
|
·
|
Majority
Voting in Uncontested Elections. Section 1.07 of the Bylaws has
been amended and restated to change the voting standard for the election
of directors in uncontested elections from a plurality to a majority
voting standard, subject to the rights of the holders of any series or
class of stock to elect directors under specified circumstances, as set
forth in the Company’s Certificate of Incorporation. Under the
new majority voting standard, in an uncontested election each director
shall be elected to the Board by the majority of the votes cast with
respect to the director’s election. A majority of the votes
cast means that the number of votes “for” a director must exceed 50% of
the votes cast with respect to that director’s
election. Directors will continue to be elected by plurality
vote when the number of nominees for election exceeds the number of
directors to be elected (i.e., in a contested
election).
|
|
·
|
Director
Resignation Policy. Section 1.07 of the Bylaws also has been
amended and restated to authorize the Nominating and Corporate Governance
Committee (the “Governance Committee”) of the Board to establish
procedures under which any director who, in an uncontested election, is
not elected by the majority of the votes cast with respect to that
director’s election shall offer to tender his or her resignation to the
Board.
|
|
·
|
Advance
Notice of Stockholder Nominees and Stockholder
Business. Section 1.08 has been amended to require a
stockholder nominee for director to submit, at the request of the Board, a
statement that, if elected, the director intends to tender an irrevocable
resignation effective upon his or her failure to receive the required vote
in a subsequent election, in accordance with the policies and procedures
adopted by the Governance Committee of the Board for this
purpose.
|
3.1
|
Certificate
of Incorporation of E*TRADE Financial Corporation, as of May 19,
2008
|
|
3.2
|
Amendments
to the Bylaws of E*TRADE Financial Corporation, effective May 16,
2008
|
|
10.1
|
Form
of Exchange Agreement (Incorporated by reference to Exhibit 10.1 to the
Company’s Current Report on Form 8-K filed on May 6,
2008.)
|
E*TRADE
FINANCIAL CORPORATION
|
|||
Dated: May
21, 2008
|
By:
|
/s/ Russell Elmer
|
|
Russell
S. Elmer
|
|||
General
Counsel
|