Sentence examples for binding approval from inspiring English sources
Certainly, it is hard to understand why AstraZeneca's board could grant, with integrity, a recommendation if the bidder plans to pay mostly in its own shares and hasn't secured binding approval for a flip from the US tax authorities.
A binding approval regime would further move pay decisions away from boards of directors, which are generally entrusted to manage the businesses of public companies, where such decisions have traditionally resided.
A binding approval regime of the type proposed for the UK would have a significant impact on US pay practices, constraining the flexibility of directors to react to changing situations and imposing a healthy quantum of new governance and legal considerations for US public companies.
Earlier this year, Tesla introduced a never-before-seen one-time mega-stock option grant to its founder and CEO, Mr. Elon Musk, and put the grant up for binding shareholder approval at a special meeting held just for the purpose of approving the grant.
Mr. Clinton's decision is not binding without Senate approval, but it is an endorsement of the treaty's goals.
Mr. Clinton's decision, in the waning days of his second term, is not legally binding without Senate approval, which appears unlikely any time soon.
The PAP, which by its terms became binding upon FCC approval, provides specific financial penalties in the event of Verizons failure to achieve detailed performance requirements.
If the company fails the advisory vote – by receiving less than 50% of the votes cast – the company must put its overall remuneration policy back to shareholders in a binding vote for approval the following year.
An Internet sales tax is inching its way closer to being the law of the land: The U.S. Senate supported a non-binding vote of approval, 75-to-24, for a law that would allow states to collect taxes from Internet retailers.
Instead, you might give your agent the freedom to brainstorm options at the table but not the ability to make binding commitments without your approval.
Agreements reached through mediation would need to be binding (subject to the approval of a judge), so that they could not be discarded or contested later if new disagreements were to arise.
