No special reason is required to use a Director's Proxy. It's simply your choice—like deciding whether to wear a hat or not; it just depends on your preference!
If your Director's Proxy can’t make it, they usually can’t send someone else in their place unless you’ve set up that option beforehand. It’s a bit like a game where only your original team member can play for you.
There's no strict limit on how many times you can use a Director's Proxy. If you have to miss a meeting, you can keep designating your trusted friend whenever you need.
Yes, you can change your Director's Proxy! Just like you might change your mind about the dinner plans, you can update who you want to represent you.
To assign a Director's Proxy, you generally need to fill out a specific form or give a written notice. It’s like giving someone the keys to your car—making sure they're the right person for the job!
People may need a Director's Proxy when they can't attend a meeting but still want to have a say in decisions. It keeps them in the loop, even from afar.
A Director's Proxy is a way for a shareholder to allow someone else to vote on their behalf at meetings. It’s like saying, 'I can’t be there, but here’s my trusted friend to speak for me.'
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