Sentences with phrase «majority election of all directors»

CalPERS apparently liked the fact that Apple's proposal called for the majority election of all directors, in addition to the elimination of what CalPERS termed the «blank check» preferred stock.

Not exact matches

Also, if a majority of the Board is comprised of persons other than (i) persons for whose election proxies were solicited by the Board; or (ii) persons who were appointed by the Board to fill vacancies caused by death or resignation or to fill newly - created directorships («Board Change»), unless the Committee or Board determines otherwise prior to such Board Change, then participants immediately prior to the Board Change who cease to be employees or non-employee directors within six months after such Board Change for any reason other than death or permanent disability generally have their (i) options and stock appreciation rights become immediately exercisable and to the extent not canceled or cashed out, generally have at least six months to exercise such awards; (ii) restrictions with respect to restricted stock and RSRs lapse and generally shares are delivered; and (iii) performance shares and performance units pay out pro rata based on performance through the end of the last calendar quarter before the time the participant ceased to be an employee.

Submission to the NYSE re: Request by the U.S. Council of Institutional Investors that NYSE adopt a majority voting listing standard in uncontested elections of directors

New rules will require CBCA companies — about 40 % of companies listed on the TSX — to hold an election for their entire board of directors annually, vote for each director individually and, most importantly, use uniquely crafted majority - voting rules that only let shareholders vote «no» or «yes» for a director, eliminating the use of «withhold» votes which is standard practice under existing TSX rules.

These governance policies include the annual election of all Board members and a majority voting requirement for the election of directors.

L. (Sept. 1, 2014), http://us.practicallaw.com/4-578-4485 [http://perma.cc/8XRK-A4YL](«It appears that ISS negative vote recommendations based on the perceived lack of board responsiveness to shareholder concerns (as evidenced by the failure to implement a successful shareholder proposal) was the leading factor associated with directors who failed to receive a majority of votes cast in an uncontested election in 2014.»)

In connection with a shareholder proposal made at the 2012 annual meeting of shareholders, the Company informed its shareholders that the Board had adopted a policy providing for majority voting for the election of directors in uncontested elections and that the Company would take steps to implement majority voting in its Articles and bylaws.

Icahn also called for the company's directors to be elected at the same time, as opposed to the current system, in which board elections are staggered, which means that it would take two years for Icahn to obtain a majority of the board.

It also plans to introduce a majority voting policy in 2012, which would require directors to offer their resignations to the board if they fail to garner a majority of «for» votes in annual shareholder elections.

majority of the members of the Governance Committee received a Majority Withheld Vote at the same election, then the independent directors who did not receive a Majority Withheld Vote shall appoint a committee among themselves to consider any resignation offers and recommend to the Board whether to accept such resignationmajority of the members of the Governance Committee received a Majority Withheld Vote at the same election, then the independent directors who did not receive a Majority Withheld Vote shall appoint a committee among themselves to consider any resignation offers and recommend to the Board whether to accept such resignationMajority Withheld Vote at the same election, then the independent directors who did not receive a Majority Withheld Vote shall appoint a committee among themselves to consider any resignation offers and recommend to the Board whether to accept such resignationMajority Withheld Vote shall appoint a committee among themselves to consider any resignation offers and recommend to the Board whether to accept such resignation offers.

RiceBran Technologies (NASDAQ: RIBT and RIBTW)(the «Company»), a global leader in the production and marketing of value added products derived from rice bran, today announced that, based on preliminary noncumulative voting results reported by the independent inspector of elections (the «Inspector») following the Company's 2016 Annual Meeting of Shareholders (the «Annual Meeting»), a large majority of shareholders have voted on the WHITE proxy card for the Company's incumbent Board of Directors (the «Board»).

Yesterday, the Rev. Jason McGuire, executive director of New Yorkers for Constitutional Freedoms, and the organization's founder / senior lobbyist, the Rev. Duane Motley, re-released a June 2011 open «letter» to Senate Majority Leader Dean Skelos in which they warned that a «pound of flesh» would be taken from the GOP in the 2012 elections if same - sex marriage came to pass in New York.

«The 2012 redistricting process was business as usual in Albany, with the majority parties controlling the process and lines being drawn for partisan purposes rather than in the best interests of voters, with greater candidate choice and more contested elections,» said Dick Dadey, Executive Director of Citizens Union.

The executive director of the Democratic Congressional Campaign Committee is hoping to ride a wave of Democratic fury to recapture the majority in the House for the first time since the 2010 elections.

Tom Mattzie, Washington director of MoveOn.org, insisted that a path existed to a 60 - seat majority in the Senate after the 2008 election.

These provisions include «poison pills,» blank check preferreds, super voting common stocks, staggered elections for Boards of Directors, super majority voting provisions, preventing stockholders from convening special meetings, and having the company itself finance all of management's expenditures where there is a contest for control.

If a majority of the shareholders in interest of the Corporation present at the meeting and entitled to vote either in person OR by proxy, votes FOR the elections of the new Board of six directors named in the annexed Proxy Statement, by attending the meeting or by proxy by marking the appropriate space on the enclosed Proxy Card and by signing, dating and promptly returning the enclosed Proxy Card in the enclosed envelope, then such new Board shall be elected provided only the present Board has been removed.

(b) The person controls, in any manner, the election of a majority of the directors of the corporation.

· Majority voting in election of directors.

No approval by the Board of Directors shall be required and election of a nominee shall be by two - thirds majority of the eligible votes cast in a mail ballot at the time fixed for the next annual election ballot.

Any vacancy, except in the office of President or Past President, occurring on the Board of Directors during a term of office shall be filled until the next annual election from among the qualified members of the Club by a majority vote of the remaining members of the Board of Directors.

Submission to the NASDAQ re: Request by the U.S. Council of Institutional Investors that NASDAQ adopt a majority voting listing standard in uncontested elections of directors

Submission to the NYSE re: Request by the U.S. Council of Institutional Investors that NYSE adopt a majority voting listing standard in uncontested elections of directors

The court found no support for these allegations, as there was no evidence that the Association had taken any actions to further this alleged conspiracy and also all of the actions which lead to the expulsion of Next Generation from the MLS had occurred prior to the election held in the fall of 2001, when there was not a majority of Iowa Realty directors on the Board.