Sentence examples for nomination of directors from inspiring English sources

6. Avoiding Engagement Regarding Companies' Nomination of Directors.

They said that in September, the commission would issue proposed rules for the nomination of directors by shareholders.

In a number of instances, companies have attempted to assert these by-laws to block the unsupported nomination of directors by a hedge fund.

Some companies agree to reimburse reasonable, documented out-of-pocket fees and expenses (including legal expenses) incurred in connection with the negotiation and execution of the settlement agreements, the nomination of directors and/or the annual meeting, capped at certain amount.

The stockholders, of course, unless their holdings are substantial enough to assure representation on the board through the provisions of cumulative voting or to result in an invitation by the president to serve, play no part in the selection of directors to fill vacancies or in the nomination of directors' names to be included in the annual proxy statement.

These disclosures occurred after the December 2017 deadline for stockholder nominations of directors under Xerox's advance notice bylaw.

In addition, Mr. Brucker said, he is now encouraging boards to amend their bylaws to adopt another new procedure encouraged by the recent changes in the Business Corporation Law: the establishment of specific written standards and procedures for nominations of directors.

2012 is the first year in which shareholders may bring proposals seeking bylaw changes to allow proxy access for shareholder nominations of director candidates in competition with the board's own nominees.

CNet, whose shares have underperformed the market and its competitors, leaving investors with a 19percentt loss over the last three years while other Internet-related companies grew, is refusing to accept Jana's nomination of two directors for its board and its proposal to amend the CNet by-laws to expand its board by five directors nominated by Jana.

Section 2. Nomination of New Directors.

In 2008, the company accepted the nomination of two directors named by the investment group, led by Harbinger Capital Partners, to avoid a proxy fight.