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COUNCIL DRAFT 9A [i] (November 17, 1987)

handle is hein.ali/alicgv0038 and id is 1 raw text is: This document, as of the date it was printed, had not been considered by the Council or membership of The American Law Institute, and therefore does not represent the position of the Institute on any of the issues with which it deals. The American Law Institute PRINCIPLES OF CORPORATE GOVERNANCE: ANALYSIS AND RECOMMENDATIONS Council Draft No. 9A (November 17, 1987) Revisions of: Section 7.02. Section 7.03. Section 7.04. Section 7.08. Section 7.10. Standing to Commence and Maintain a Derivative Action Exhaustion of Intra-Corporate Remedies Pleading and Procedure in Derivative Actions Termination of Actions Against Directors and Senior Executives, Controlling Persons, and Associates Based on a Recommendation of the Board or a Committee Board Procedures for Termination of Derivative Actions Submitted to the meeting of the Council of The American Law Institute on December 9 (at 10:00 a.m.), 10, 11, and 12, 1987, at the ALI Conference Center, fourth floor, 4025 Chestnut Street, Philadelphia, Pennsylvania. This Draft is scheduled for discussion on Friday, December 11, at 9:30 a.m. THE ExECUTIvE OFFICE THE AMERICAN LAW INSTIT1I~' 4025 Chestnut Street Philadelphia, PA 19104' Og-o