Sentences with phrase «recommended by an independent board»

Not exact matches

Thus, the California Public Employees» Retirement System's Global Principles of Accountable Corporate Governance recommends that a company's board should be chaired by an independent director, as does the Council of Institutional Investors.

that director nominees be selected, or recommended to the board of directors for selection, by majority vote of the independent directors or by a nomination committee comprised solely of independent directors.

that the compensation of our executive officers be determined, or recommended to the board of directors for determination, by majority vote of the independent directors or by a compensation committee comprised solely of independent directors; and

But the clause, on page 140 of the MG Unit Trust product disclosure statement, shows the board has the right to prop up the milk price — if recommended by an independent expert and approved by a majority of the board — at the expense of investors, breaking the «profit - sharing mechanism».

And it recommended that state and federal governments help fund data collection by nonprofits such as the Ground Water Protection Council and an independent multi-state gas regulation peer - review board.

Three proposals were voted on at the meeting: (i) stockholders voted to re-elect the four nominated Directors of MathStar's Board of Directors; (ii) stockholders ratified the appointment of MathStar's independent registered public accounting firm, PricewaterhouseCoopers LLP; and (iii) as had been recommended by the Board, stockholders rejected the stockholder proposal recommending liquidation of MathStar.

On May 25, 2010, Lawndale sent PFIN's Board a letter (a copy of which is attached at Exhibit B hereto, and incorporated by reference to this filing) informing them of Lawndale's intent to vote 272,812 shares, equal to 7.5 % of eligible shares to «WITHOLD authority for ALL NOMINEES» on Proposal 1, Election of Directors, at PFIN's annual meeting scheduled for June 3 2010 and noting independent proxy advisory services, Proxy Governance and RiskMetrics also recommended voting to «WITHHOLD ALL» and WITHHOLD Dubofsky», respectively.

RIM's June 30, 2011 press release detailing the compromise outlined the formation of a Committee of independent directors to «study» the issues, «determine the business necessity» for Messrs. Balsillie and Lazaridis as Co-CEOs to have Board titles, «propose and provide a rationale for a recommended governance structure for RIM» and to report by January 31, 2012.

The recommended works were reviewed by independent curators, scholars and PAFA's Collections Committee and approved for sale by the Board of Trustees.