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Epstein File EFTA01378049: Classified (DS10)

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This document contains excerpts from Delaware General Corporation Law (DGCL) provisions regarding corporate governance, specifically addressing classified boards of directors. The text discusses director term lengths, the ability to divide directorships into classes, removal procedures for directors on classified boards, and cumulative voting provisions. The document appears to be a legal reference or educational material on corporate board structure rather than case-specific evidence.

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**Classified** board The DGCL generally provides for a one-year term for directors, but permits directorships to be divided into up to three classes with up
Excerpt 2
Removal of directors Under the DGCL, except in the case of a corporation with a **classified** board or with cumulative voting, any director or the entire
Excerpt 3
A director elected to serve a term on a "**classified**" board may not be removed by stockholders without cause.

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