non-discretionary definition
non-discretionary items. This means brokerage firms that have not received voting instructions from their clients on these proposals may not vote on them. These so-called “broker non-votes” will be included in the calculation of the number of votes considered to be present at the meeting for purposes of determining a quorum, but will not be considered in determining the number of votes necessary for approval and will have no effect on the outcome of any of the proposals.
non-discretionary matters, which means that brokerage firms may not use their discretion to vote on such matters without express voting instructions from their customers.
non-discretionary items. This means brokerage firms that have not received voting instructions from their clients on these proposals may not vote on them. These so-called "broker non-votes" will be included in the calculation of the number of votes considered to be present at the meeting for purposes of determining a quorum, but will not be considered in determining the number of votes necessary for approval and will have no effect on the outcome of the vote for directors, the advisory vote on executive compensation, the advisory vote on frequency of advisory votes on executive compensation and the approval of the Company's Amended and Restated 2006 Equity Incentive Plan as amended and restated because in tabulating the voting result for any particular proposal, shares that constitute broker non-votes are not considered votes cast on that proposal. However, because the amendment to the Third Amended and Restated Certificate of Incorporation the
More Definitions of non-discretionary
non-discretionary means the Portfolio Manager has to manage the portfolio of securities or funds in accor- dance with the directions of the client
non-discretionary discipline” means: (a) Violations of RCW 28A.600.420; (b) An offense listed in RCW 13.04.155; (c) Two or more violations of RCW 9A.46.120, RCW 9.41.280, RCW 28A.600.455, RCW 28A.635.020, or RCW 28A.636.060 within a three-year period; or (d) Behavior that adversely impacts the health or safety of other students or educational staff.
non-discretionary. ’ items, which means that your broker cannot vote your shares on these proposals.
non-discretionary. ’ matter, which means that NYSE-member brokers who have not received voting instructions from beneficial owners of our common stock do not have discretion to vote the shares of our common stock held by those beneficial owners on this matter. In this situation, and as to all other matters where a broker withholds authority to vote, the failure to vote is deemed to be a ‘‘broker non- vote.’’ Such ‘‘broker non-votes’’ will not be treated as a ‘‘vote’’ for or against such matters and will not have any impact on the vote with respect to such matters. With respect to the election of our Class I directors and ratification of our appointment of KPMG LLP as our independent auditors, if our LaBranche Financial Services, Inc. subsidiary does not receive voting instructions regarding shares of our common stock held by it in street name for its customers, it is entitled to vote these shares only in the same proportion as the shares represented by votes cast by all stockholders of record with respect to each such matter.
non-discretionary matters, which means that brokerage firms may not use their discretion to vote on such matters without express voting instructions from their customers. Quorum In order to carry out the business of the meeting, we must have a quorum. This means that at least a majority of the outstanding shares eligible to vote must be represented at the meeting, either by proxy or in person. Shares owned by the Company are not voted and do not count for this purpose. Revoking Your Proxy The shares represented by a proxy will be voted as directed unless the proxy is revoked. Any proxy may be revoked before it is exercised by filing with the Secretary of the Company an instrument revoking the proxy or a proxy bearing a later date. A proxy is also revoked if the person who executed the proxy is present at the meeting and elects to vote in person. Votes Needed Election of Directors. At the 2006 Annual Meeting, the shareholders approved amendments to the Company’s Articles of Incorporation that, among other things, provide that in uncontested elections, directors be elected by the affirmative vote of a majority of the outstanding shares of the Company’s voting securities voted at the meeting, including those shares in respect of which votes are “withheld.” In the event that a director nominee fails to receive the required majority vote, the Board of Directors may decrease the number of directors, fill any vacancy, or take other appropriate action. If the number of nominees exceeds the number of directors to be elected, directors will continue to be elected by a plurality of the votes cast by the holders of voting securities entitled to vote in the election. The Board of Directors believes this change in the standard for electing directors, which will be in effect for the first time at the 2007 Annual Meeting, gives Lowe’s shareholders a more meaningful role in electing directors. Other Proposals. Approval of the other proposals and any other matter properly brought before the meeting requires the favorable vote of a majority of the votes cast. Votes that are withheld from all or from specified director nominees are not included in determining the number of votes cast on other matters. Our Voting Recommendation Our Board of Directors recommends that you vote: