Sentences with phrase «special voting rights»

Not exact matches

The Board determined to adopt a «net long» definition of ownership because it believes that only stockholders with full and continuing economic interest and voting rights in our common stock should be entitled to request that the Company call a special meeting.
Fiat Chrysler Automobiles and Ferrari, in which Exor has large stakes, both have versions of loyalty structures, under which investors who hold shares for a certain period and register them receive additional special shares giving them additional voting rights.
The trustee holder of the special Class A voting stock and the special Class B voting stock has the right to cast a number of votes equal to the number of then outstanding Class A exchangeable shares and Class B exchangeable shares, respectively.
In exchange for providing funding most VC firms obtain majority voting rights by having the majority of the shares (or a preferred class of shares that are senior to common shares), as well as special veto rights.
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It has even been argued that along with the decline in royal power should come the right to vote: if our new King lacks special constitutional powers, why shouldn't he at least enjoy the ordinary constitutional power the rest of us exercise?
Surely one day the real story of the term limits debacle will be written, and it will be full of luscious details: the assurance to Christine Quinn that she will be crowned the first female mayor in 2013; the Committee Chairs that were passed around like so many lollipops at a birthday party (Mr. Bloomberg of course in the role of scary clown); the allocation of special funds to right - voting Council members.Basically, a register of threats and bribes and blame - passing that rivals anything else in the history of shady municipal dealmaking.
Angle has alleged voting irregularities before: she quit a 2011 special elections for the US House, calling the process a «mockery» of voting rights.
«This announcement is more proof that John Katko is a puppet for the far right wing special interests who just last week voted to end the Medicare guarantee, raise taxes on central New York's middle class families and slash education,» Brumer said.
But Flanagan, who continues to be under fire from the right for voting «yes» on the controversial gun control law, is unlikely to approve funding any time soon — especially not with the special election for ex-Deputy Senate Majority Leader Tom Libous» seat this fall and the 2016 rematch for control of the majority looming.
We are extremely disappointed that the Erie County Legislature voted to deny the public their right to determine the future of our 37 Buffalo & Erie County Public Libraries by opposing the creation of a Special Library District.
Paterson had originally not included the bill in a list of legislative items to be taken up in the special session, but after an outcry from gay - rights advocates, he told the Times last night that «he would make sure that the State Senate votes on same sex - marriage legislation before it breaks for the summer.»
The National Republican Congressional Committee (NRCC) today released the following joint statement from House Republican Leader John Boehner, House Republican Whip Eric Cantor, and NRCC Chairman Pete Sessions regarding the the special election in New York's 23rd Congressional District: «As the House stands on the cusp of the forthcoming vote on a trillion - dollar healthcare reform measure, it is vital that we unify behind a candidate that will support reining in massive government spending and work with Republicans in Congress to restore fiscal sanity and propose thoughtful measures to get our nation's economy on the right track.
If Democrats have any hope of gaining control of the New York State Senate this year — gaining an upper hand on progressive priorities like expanding voting rights, campaign finance reform, promoting reproductive justice, affordable housing, criminal justice reform, and gun control — then we have to win the April 24 special election in lower Westchester.
In his suit, Samaroo, a former aide to ex-Assemblyman Brian McLaughlin, claims the special election announced — then recalled, then re-announced — earlier this month by Paterson «resulted in a deprivation of [Samaroo's] and his supporters» federally protected right to vote and an egregious miscarriage of justice.»
In anticipation of this week's special election in Harlem, the IDC released a video, calling on all 32 Democrats — the number required to pass legislation — to join them in declaring their support for progressive measures like ethics and voting reform, codifying a woman's right to choose, and more.
They required people to take written tests or pay special taxes for the right to vote.
When I served on California's State Board of Education, every time I cast a vote there were lobbyists for teachers unions, administrator unions, charter schools and a plethora of other special interests sitting right there in the front row.
A fighter to the very end, the senior senator from Massachusetts spent his final week focused on the people of the Bay State and of the entire United States, lobbying to ensure that Massachusetts would have two votes in the U.S. Senate after his passing, fighting for the governor to have the right to appoint a temporary replacement for the Senate seat until a special election could be held.
The vote followed opposition from teacher organizations, civil rights groups, women's rights activists, students, centrist think tanks, reform leaders, evangelical Christians, special education advocates.
Join us tonight and help spread the word: Special Ed Know Your Rights Training Tonight, March 7, 6 - 8 p.m. Mt. Carmel Missionary Baptist Church 2976 S. Wabash Refreshments will be provided ERSB Witness Slips Needed Today Rep. Rob Martwick has reintroduced the elected school board bill, HB 1774, in the Illinois House and it will be up for a vote in committee tomorrow.
As a brief overview, the Management and Board have embarked upon a failed merger that garnered virtually no support from its shareholders, and was opposed by ISS, and continued on that path until the date of the special shareholders meeting and scheduled vote, spending lavishly in a failed effort to close it; attempted to implement substantial new options to itself, a plan opposed by ISS and the shareholders, which was withdrawn; continually paid itself outrageous sums of the shareholders money over the past three years; rejected highly qualified outside board members with deep, broad healthcare company experience supported by its shareholders; held many Board and Committee meetings with nothing to show for it; formed a new Strategic Transactions Committee that is highly paid but that has produced no deals for the shareholders to consider or for any outside valuation experts to formally review; spent lavishly on accountants, auditors and counsel; failed to successfully hire any outside professional negotiators and finally extinguish or remove the outstanding lease obligations; distributed no cash to the shareholders despite holding excess amounts; formed no special purpose entity to hold any royalty and milestone rights and payments for the benefit of its shareholders; and thus generally failed in its fiduciary duties to shareholders.
CSIM generally votes against the right of shareholders to call a special meeting unless the threshold to call a special meeting is 25 % or more of shares outstanding to avoid wasting corporate resources.
Since the consideration for this acquisitions is an issuance of newly issued preferred shares which will be listed on the Stock Exchange of Thailand, the preferred shares are consisted of special features such as (a) accumulative dividend for year 1 - 5th; (b) convertible to ordinary shares after year 5th; and (c) the voting right is one share for one vote but may be decreased after the 5th year (if there is no unpaid accumulative dividend).
Information often included: • Basic nonprofit information: organization name, number of directors and term limits, type of incorporation and amendment procedures • Meeting details: location of meeting, how often meetings occur, procedures to call special meetings, how meetings are announced and quorum size (minimum number of people required for meetings) • Board of directors information: director qualifications, term limits and attendance requirements, removal procedures, definitions of roles and conflict of interest policies • Membership information: eligibility requirements, dues, voting rights of members, and quit or termination procedures Erring on the side of simplicity usually is the best way to start.
Arguing in favor of the law banning lying is the sad irony that quite often those with their hands on the very levers of democracy, free elections and the right to vote — candidates, their handlers, public and special interest groups — don't trust the public to make the right decision based on an honest and robust debate over the issues, but instead find it incumbent to win by smearing the opposing candidate.
Some long - term expats — among them members of the Armed Forces and diplomats — have always retained the right to vote by way of a «special» ballot.
The documents make it clear that Zuckerberg, a hands - on leader, will retain control over the company even after the stock offering because of special shares he will own that carry 10 times the voting rights of public shares.
If the seller wishes to retain the right to recover the surplus special levy after completion of a sale or the right to vote on any future decisions with respect to the disposition of the surplus the seller must negotiate these rights with a prospective buyer.
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