Examples of Non-Routine Proposals in a sentence
Non-Routine Proposals Issues in this category are more likely to have a greater impact on shareholder value.
Non-Routine Proposals Issues in this category are more likely to have a greater impact on shareholder value.Longwave’s main concern is to protect the value of its clients’ investments.
It is inconceivable that the beneficial owners of exactly 55,712,861 shares of common stock instructed their Broker to vote their shares “For” the Reverse Split Proposal while simultaneously failing to provide similar instructions – or, indeed, providing any instruction at all – with respect to the Additional Non-Routine Proposals.
Non-Routine Proposals; Broker Non-Votes.Your broker or nominee will have discretionary authority to vote your shares with respect to “routine” proposals, but not with respect to “non-routine” proposals.
In contrast with the Reverse Split Proposal, the Company disclosed that each of Additional Non-Routine Proposals required either a plurality vote or only the affirmative vote of a majority of the votes cast in order for the respective proposal to be approved.
To elect directors and adopt the other proposals, the following proportion of votes is required:• To elect the Directors, a plurality of the votes cast.• To ratify the selection of our auditors and to adopt the shareholder proposal, the affirmative vote of a majority of the votes cast.Routine and Non-Routine Proposals.
As demonstrated above, the purported number of affirmative votes and the complete lack of broker non-votes with respect to the Reverse Split Proposal stand in stark contrast with the votes cast with respect to the Additional Non-Routine Proposals at the Annual Meeting, each of which received exactly 55,712,861 broker non-votes.
We will have a quorum and will be able to conduct the business of the Annual Meeting if the holders of a majority of the votes that shareholders are entitled to cast are present at the Meeting, either in person or by proxy.Routine and Non-Routine Proposals.
Non-Routine Proposals Issues in this category are more likely to have a greater impact on shareholder value.Spheria’s main concern is to protect the value of its clients’ investments.
Routine and Non-Routine Proposals If you own shares that are held in street name, meaning through a broker, bank, or other similar organization, and you do not provide the organization that holds the shares with specific voting instructions then, under applicable rules, the organization that holds the shares may generally vote your shares with respect to “routine” matters but cannot vote on “non-routine” matters.