Examples of Uncontested Election in a sentence
Approval of the shareholders is required to elect a director in any Uncontested Election of directors.
If possible, the originator should be speci- fied, e.g. Photo: Ola Myrin, Statens historiska museer/Photo: Ola Myrin, National Historical Museums.
Any nominee for Director in an Uncontested Election (as defined below) who receives a greater number of votes “withheld” or “against” his or her election than votes “for” such election, with “abstentions” and Broker Non-Votes (as defined below) not counted as votes cast with respect to such nominee’s election, shall, promptly following certification of the Shareholder vote, offer his or her resignation to the Board to be conditioned upon acceptance by the Board.
A Director who is required to offer his or her resignation in accordance with this Section 1 shall not be present during deliberations or voting of the Committee or the Board regarding whether to accept his or her resignation or, except as otherwise provided below, a resignation offered by any other Director in accordance with this Section 1 with respect to the same Uncontested Election.
In an Uncontested Election, a nominee for Director is elected if the votes cast "FOR" such nominee’s election exceed the votes cast "AGAINST" such nominee’s election.