Many boards’ nominating and governance committees meet in November and December to consider what changes, if any, to implement in advance of the upcoming proxy season. Among other things, committee chairs may ask management to review the issuer’s governance documents with counsel to assess whether any amendments are warranted, particularly in light of recent events, such as the COVID-19 pandemic. Many companies have already revised their governance documents to ensure they are able to operate in a remote world in light of the pandemic, including by adopting emergency bylaws and explicitly allowing for virtual or hybrid shareholder and board meetings. This memorandum discusses certain recent trends in governance documents. It goes without saying that there is no “one size fits all” model of governance. Amendments to governance documents should not be made in a vacuum; rather, they must be informed by discussions with the board of directors, shareholders and other constituencies and be considered in light of a company’s disclosure posture and long-term strategic objectives.