Sentences with word «nonvoting»

While disparate voting rights plans were gaining popularity with corporate managers in the 1920s, and investors showed a surprising willingness to purchase large amounts of nonvoting common stock, an increasingly vocal opposition also began emerging.
The Minority Leader shall be an ex-officio nonvoting member of each committee, and at the Minority Leader's request, the President can substitute for the Minority Leader as a voting member on any committee.
The first phase of the plan went into effect earlier this year when salespeople and employees who were with the company as of June 30, 1996, were granted options to purchase nonvoting stock shares.
Last year, Facebook abandoned its plan to create a new class of nonvoting shares that was concocted to allow Zuckerberg to retain voting control of the company.
The plan would turn the border into a shared nation, called Otra Nation, with an independent local government and nonvoting representatives in the US and Mexican legislatures.
In addition, four faculty members will be elected as nonvoting observers of board meetings.
As an inducement, the Roche Connect program enables everyone in the firm to buy the company's nonvoting equity securities at a substantial discount.
The company has some 200 outside, nonvoting shareholders - «blue chip sociallyresponsible folk,» says capital coordinator Clark Arrington - who have collectivelyinvested more than $ 1 million.
After all, they've already invested in the young CEO's vision for the product when they bought nonvoting shares of a company he mostly controls.
Instead of offering traditional voting shares, Snapchat's parent company offered only nonvoting shares to the public on March 2.
That shouldn't stop exchanges concerned about their reputations and corporate governance standards from leaning against the fashion — perhaps by limiting dual classes to the first five years of public ownership, or capping nonvoting stock at, say, 25 percent of all shares.
[25] He was somewhat premature: in the years between 1927 and 1932, at least 288 corporations issued nonvoting or limited voting rights shares (almost half the total number of such issuances between 1919 and 1932).
Tenneco will pay for Federal - Mogul with $ 800 million in cash and the issuance to Icahn Enterprises of 5.7 million shares of Class A voting stock and 23.8 million shares of Class B nonvoting stock — together worth some $ 1.6 billion at Tenneco's closing share price on April 9 — as well as the assumption of Federal - Mogul debt.
There are 38 nonvoting participants, including 12 married couples.
This infrastructure must be in place prior to the next election cycle, with extra effort committed to traditionally nonvoting neighborhoods.
Campbell worries about this, but his heart is with Traci Hodgson, not her (possibly) more tolerant but nonvoting neighbors.
The Governor of Iowa shall appoint one nonvoting student member from a list of candidates supplied by the Iowa State Board of Education.
Mr. Cotter controls Reading through the very small illiquid Class B voting shares, but also has a much larger shareholding and economic stake in the more liquid RDI nonvoting shares, which are the same share class we now hold in size.
As a Polish nonprofit association, Open Cages is required to have a board and a decision - making voting body composed of active Open Cages members.140 They are taking steps to include nonvoting members and external advisors in their decision - making process.141
This transformation from an essentially anglophone group continued in 1943, when Alfred PELLAN and Borduas were allowed to bring their young followers into the society as exhibiting but nonvoting junior artists.
The foundation's Emerging Artist Award committee, chaired by Gretchen Taylor, consists of voting professional members from the Atlanta arts community and nonvoting Foundation members who serve as administrators.
«The [Supreme] Court can reconcile these provisions by holding that the failure to respond to a notice under the confirmation procedure breaks the prohibited link between nonvoting and removal under the failure - to - vote clause,» DeWine said in his brief.
The creation of a new nonvoting stock class — a plan that came together this spring — allowed Zuckerberg to pursue his long - term philanthropic interests with his wife, while at the same time maintaining control of the company and avoiding dilution of its voting stock.
I wanted them to feel that we honor and acknowledge their contribution, albeit with nonvoting stock.
Puerto Rico's nonvoting representative in the U.S. Congress said that Hurricane Maria's destruction has set the island back decades, even as authorities worked to assess the extent of the damage.
In the words of Eleanor Holmes Norton (D), Washington's elected, nonvoting delegate to the House of Representatives, «[Republicans] used our denial of representation in the Senate, where vouchers would have been disposed of as a matter of senatorial courtesy, to force vouchers on the city.»
Long before 1940, Ripley had proclaimed the demise of nonvoting common stock.
The more important development for present purposes was the emergence of nonvoting common stock.
The Erie County Attorney or his or her representative shall be an ex-officio, nonvoting member of the Commission.
Over the past few months, Paulson has bought 3.7 million nonvoting shares of Viacom, which he said on Tuesday has begun to show positive results under a plan overseen by Chief Executive Bob Bakish after years of declining advertising and viewership.
By all means, exchanges should give fledgling companies the time they need to mature — by limiting dual classes to the first five years of public ownership, say, or capping the percentage of nonvoting stock.
The nonvoting shares and Snap's corporate structure set it up so that Spiegel and his cofounder, Bobby Murphy, retained control of the company despite its public status.
In a series of speeches and articles, eventually collected in a justly famous book, he argued that nonvoting stock was the «crowning infamy» in a series of developments designed to disenfranchise public investors.
Anthony's other concerns include Snap's unclear path to profitability, the nonvoting status of its investors, its outward cash flows and its subpar analytics as they relate to advertising.
The only thing Rice has been her whole career was a nonvoting Republican.
SAN JUAN, Puerto Rico (AP)-- Puerto Rico's nonvoting representative in the U.S. Congress said Sunday that Hurricane Maria's destruction has set the island back decades, even as authorities worked to assess the extent of the damage.
Zemsky's staff said that ESD will now have a roll in picking board members for Fort Schuyler and Fuller Road, and Zemsky will have a nonvoting «advisory» seat on the board.
The testimony the FDA panel heard in March was «pretty compelling,» says Lynn Drake, MD, a dermatologist at Massachusetts General Hospital, in Boston, and a nonvoting member of the panel.
City leaders who had been supportive of the District's takeover, such as Eleanor Holmes Norton, the District's nonvoting representative in Congress, denounced the removal of power from the school board.
• SB 2380, which would add a nonvoting, public school teacher representative to the state Board of Education.
His proposal would relegate that person to serving as a nonvoting member and allow the State Board to instead appoint a «charter advocate» to serve.
Rep. Andrew Brenner, a Powell Republican who leads the House Education Committee and is a nonvoting member of the state board, told OAK officials last week, «Sorry.

Phrases with «nonvoting»

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