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3/25/22, 9:42 AM <br />Table of Contents <br />road -20210930 <br />Delaware) will be the sole and exclusive forum for any: (i) derivative action or proceeding brought on our behalf; (ii) action asserting a <br />claim of breach of fiduciary duty owed by any of our directors, officers or other employees to us or our stockholders; (iii) action <br />asserting a claim against us arising pursuant to any provision of the Delaware General Corporation Law; or (iv) action asserting a claim <br />against us that is governed by the internal affairs doctrine, and that if any action specified above is filed in a court other than a court <br />located within the State of Delaware (each is referred to herein as a foreign action), the claiming party will be deemed to have <br />consented to (a) the personal jurisdiction of state and federal courts located within the State of Delaware in connection with any action <br />brought in any such court to enforce the exclusive forum provision described above and (b) having service of process made upon such <br />claiming party by service upon such claiming party's counsel in the foreign action as agent for such claiming party. In addition, our <br />amended and restated bylaws provide that, unless the Company consents in writing to the selection of an alternative forum, the federal <br />district courts of the United States are, to the fullest extent permitted by law, the exclusive forum for the resolution of any complaint <br />asserting a cause of action arising under the Securities Act. These provisions may limit a stockholder's ability to bring a claim in a <br />judicial forum that it finds favorable for disputes with us or our directors, officers or other employees, which may discourage such <br />lawsuits against us and our directors, officers and employees. Alternatively, if a court were to find these provisions inapplicable to, or <br />unenforceable in respect of, one or more covered proceedings, we may incur additional costs associated with resolving such matters in <br />other jurisdictions, which could adversely affect our business and financial condition. <br />Because we are a "controlled company" under the listing standards of The Nasdaq Stock Market LLC and the rules of the SEC, <br />our stockholders do not have, and may never have, certain corporate governance protections that are available to stockholders of <br />companies that are not controlled companies. <br />SunTx and its affiliates control a majority of the voting power of our outstanding common stock. As a result, we are a "controlled <br />company" under the listing standards of The Nasdaq Stock Market LLC and SEC rules. As a result, we are not required to comply with <br />certain provisions requiring that (i) a majority of our directors be independent, (ii) the compensation of our executives be determined <br />by independent directors or (iii) nominees for election to our board of directors be selected by independent directors. Because we <br />intend to continue to take advantage of some or all of these exemptions, our stockholders may not have the protections that these rules <br />are intended to provide. Our status as a controlled company could cause our Class A common stock to be less attractive to certain <br />investors or otherwise reduce the trading price of our Class A common stock. <br />We do not intend to pay cash dividends on our Class A common stock in rhe foreseeable future, and therefore only appreciation, if <br />any, of the price of our Class A common stock will provide a return to our stockholders. <br />We currently anticipate that we will retain all future earnings, if any, to finance the growth and development of our business. We do not <br />intend to pay cash dividends on our Class A common stock in the foreseeable future. Any future determination as to the declaration and <br />payment of cash dividends will be at the discretion of our board of directors and will depend upon our financial condition, results of <br />operations, contractual restrictions, capital requirements, business prospects and other factors deemed relevant by our board of <br />directors. In addition, the Credit Agreement restricts our ability to pay cash dividends. As a result, only appreciation of the price of our <br />Class A common stock, which may not occur, will provide a return to our stockholders. <br />Item 1B. Unresolved Staff Comments. <br />None. <br />23 <br />hUps://www.sec.goviArchivesledgar/data/00017182271000171822721000107/road-20210930.htm 451144 <br />