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A second initiating event the report suggested the agency consider adopting would occur if the board rejected a resolution adopted by a majority of the shareholders.
Even on 21 October 2009 the European parliament rejected a resolution denouncing the lack of media freedom in Italy and dismissed it as a national matter.
Also in December, the Borough of New Providence, N.J., rejected a resolution for park improvements that included an artificial turf field.
Also on Friday, shareholders narrowly rejected a resolution calling on the company to treat employee stock options as a normal business expense.
[C2.] RESOLUTION FAILS Exxon Mobil rejected a resolution backed by members of the Rockefeller family to separate the chief executive and chairman jobs.
Mr. Beinart noted that even the student Senate at Brandeis University, which has strong Jewish ties, rejected a resolution commemorating the 60th anniversary of Israel.
Similar(40)
Unwilling to rally his supporters, the president permitted his critics in the House to reject a resolution on Friday giving him authority to continue military action in Libya.
First, delegates voted 284 to 241 to reject a resolution upholding the right of the Boy Scouts to establish its own criteria for membership.
REPRIEVE FOR TIGER STADIUM The Detroit City Council has granted Tiger Stadium a stay of execution after a 5-3 voto to reject a resolution that would have authorized the immediate demolition of the historic ballpark.
This confirmed the principle that a board of directors is entitled to reject a resolution 'which interferes with the exercise of the managerial powers given to them' under society rules.
More than one-in-six shareholders failed to back Sir Terry's new pay scheme, while almost 20% of shareholders refused to reject a resolution calling for Tesco to pay workers in the developing world a "living wage".
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