On July 6, 2018, DocuSign, Inc. announced that Keith J. Krach notified his decision to resign as Chairman of the Board and a member of board of directors, effective as of January 1, 2019. In addition, on July 7, 2018, Scott Darling, Rory O'Driscoll and Jonathan Roberts each notified the company of his decision to resign as a member of board of directors and all committees thereof, effective as of August 29, 2018. On July 9, 2018, Thomas H. Gonser, Jr. notified the company of his decision to resign as a member of board of directors, effective as of December 31, 2018. Messrs. Darling, Gonser, Krach, O'Driscoll and Roberts each indicated that their decision to resign was not a result of any disagreement with the company on any matter relating to operations, policies or practices. In connection with the resignations, on July 10, 2018, board of directors appointed, effective as of August 29, 2018, each of Blake J. Irving, Steven Singh and Inhi Cho Suh to serve on board of directors, until his or her successor is elected and qualified, or sooner in the event of his or her death, resignation or removal. Mr. Irving joins the class of directors whose term expires at 2019 annual stockholders' meeting, Mr. Singh joins the class of directors whose term expires at the company 2020 annual stockholders' meeting and Ms. Suh joins the class of directors whose term expires at the company 2021 annual stockholders' meeting. Board of directors has determined that each of Mr. Irving, Mr. Singh and Ms. Suh meet the requirements for independence under the applicable listing standards of The Nasdaq Stock Market LLC and the Securities Exchange Act of 1934, as amended.