Starboard Value Enters into Amended and Restated Joint Filing and Solicitation Agreement
July 20, 2021 at 05:25 pm EDT
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On July 20, 2021, Starboard Value LP entered into an Amended and Restated Joint Filing and Solicitation Agreement in which, among other things, Starboard Value LP who will remain Starboard Value LP subsequent to this Amendment No. 8 agreed (a) to the joint filing on behalf of each of them of statements on Schedule 13D with respect to the securities of Box, Inc., (b) to solicit proxies or written consents for the election of the Nominees at the annual meeting, and (c) Starboard V&O Fund, Starboard S LLC, Starboard C LP, Starboard L Master, Starboard X Master and Starboard Value LP through the Starboard Value Account will bear all expenses incurred in connection with the solicitation, including approved expenses incurred by any of the parties in connection with the solicitation, subject to certain limitations.
Box, Inc. provides a cloud content management platform that enables organizations of all sizes to securely manage cloud content while allowing easy, secure access and sharing of this content from anywhere, on any device. The Companyâs Software-as-a-Service platform, users can work with their content as they need from secure external collaboration and sharing, to workspaces and portals, to e-signature processes and content workflows improving employee productivity and accelerating business processes. It offers Web, mobile and desktop applications for the Content Cloud on a single platform, as well as the ability to develop custom applications. Its offerings include Box Sign, Box Shield, Box Relay, Box Zones, Box KeySafe, Box Governance, Box Notes, and Box Shuttle. Box Shield is an advanced security offering that helps customers reduce the risk of accidental content leakage and protect their business from insider threats and account compromise, as well as threat detection.