Sentences with phrase «elected by the stockholders»

The Board of Directors, the members who are elected by the stockholders (the owners), has a meeting and listens to management's recommendation about how much of the profit should be reinvested in growth, how much should be used to pay down debt, how much should be used to buy back stock, and how much should be mailed to the owners.

Not exact matches

If there are two lead investors, there there are typically five directors, consisting of two Series A investor designees (one from each investor), one common designee, the CEO (which will be a seat elected by the common stockholders) and one independent person.

We now need your participation to secure Avigen's substantial remaining value by removing the members of the current self - serving Board and electing our independent nominees who are committed to protecting value for all stockholders.

Unless a matter to be considered by the stockholder of the REALTORS ® Information Network will be voted upon prior to the next meeting of the Board of Directors of the National Association, all such matters shall be submitted to the Board of Directors of the National Association which shall determine how the President or President - Elect shall vote the shares owned or controlled by the National Association.

The REIN board is comprised of nine directors elected by broker stockholders to serve a two - year term.