{
  "docId": "019dd923-622b-71dc-a6da-1761adfa8c34",
  "docSlug": "c29a35b308ab",
  "documentTitle": "Box, Inc. (BOX)",
  "authorId": "03_Starboard_Value",
  "authorName": "Jeffrey C. Smith",
  "documentKindSlug": "regulatory-filing",
  "documentKindLabel": "Regulatory filing",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2021-05-20 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.77272725,
  "pageNumber": 33,
  "pageCount": 72,
  "prevPage": 32,
  "nextPage": 34,
  "slideType": "demand_list",
  "function": "state_demand",
  "density": "dense",
  "nDataPoints": 0,
  "notes": "This is a legal disclosure slide outlining the 'proper purpose' for a Section 220 demand.",
  "elementsJson": [
    "headline_text",
    "numbered_list",
    "paragraph"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622b-71dc-a6da-1761adfa8c34/33",
  "deckHref": "/decks/019dd923-622b-71dc-a6da-1761adfa8c34",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6da-1761adfa8c34.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-1761adfa8c34#slide-33",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "According to 8 Del. C. § 220(b)(2), a “proper purpose” shall mean a purpose reasonably related to such person’s interest as a stockholder.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-2b62-723f-b67b-bf4e06e1bb23",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.5,
        "w": 0.7,
        "x": 0.15,
        "y": 0.15
      },
      "kind": "list",
      "text": "1. Investigate potential wrongdoing... 2. Determine whether the Company fully explored all alternatives... 3. Analyze Board processes... 4. Determine whether certain members... are fit to continue... 5. Determine the independence... 6. Analyze the motives... 7. Evaluate potential corrective measures...",
      "attrs": null,
      "subkind": "numbered",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "973b5c21-284d-4df5-919e-88163a5ba1f8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.7,
        "x": 0.15,
        "y": 0.12
      },
      "kind": "paragraph",
      "text": "The purposes of the demand for inspection are to allow Starboard to:",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0297a5ad-ae75-493d-86d1-b939e0a66f88",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.7,
        "x": 0.15,
        "y": 0.68
      },
      "kind": "paragraph",
      "text": "According to 8 Del. C. § 220(b)(2), a “proper purpose” shall mean a purpose reasonably related to such person’s interest as a stockholder...",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8249fcd7-9e9e-4f4c-940d-ac7227717e3c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "“desire to investigate wrongdoing or mismanagement is a ‘proper purpose’” — Seinfeld v. Verizon Commc’n Inc., 909 A.2d 117, 121 (Del. 2006) (citing Nodana Petroleum Corp. v. State ex rel. Brennan, 123 A.2d 243, 246 (Del. 1956)).",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd953-2b62-723f-b67b-c018e83965a9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.14,
        "x": 0.43,
        "y": 0.09
      },
      "kind": "title",
      "text": "Proper Purpose",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "fbdff5db-638c-46d1-9bd4-65bd520b91c9",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "authority-citation",
      "slug": null,
      "matchId": "f7aea9e9-54fe-4db9-b356-0de8ad4b8b80",
      "evidence": "Cites Delaware legal code and case law (Seinfeld v. Verizon, etc.) to justify the demand.",
      "confidence": 1
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}