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 resignation
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 resignation
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 resignation
Majority 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.