Hawaii Director's Proxy
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How to fill out Director's Proxy?
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FAQ
A proxy is a document that authorizes an owner to appoint someone else to represent and vote for them. By giving someone proxy, you're saying that they can cast your ballot at an HOA meeting on your behalf. Owners may decide to vote by proxy because: They want to vote at an owners meeting, but can't physically be there.
Definition. A person designated by another to attend a shareholders' meeting and vote on their behalf.
Proxy is a stand-in for someone else, the authority to stand-in for or represent someone else, or a document giving permission for someone else to vote on your behalf. An example of proxy is someone who is named to make health care decisions for you if you are unable to do so.
A general proxy actually gives the appointed proxy holder the right to exercise his or her own discretion on a vote. A limited proxy is more of an absentee ballot whereby the appointed proxy holder must vote exactly as you instructed with no discretion.
Proxy voting is a form of voting whereby a member of a decision-making body may delegate their voting power to a representative, to enable a vote in absence. The representative may be another member of the same body, or external.
Broker Vote For certain routine matters to be voted upon at shareholder meetings, if you don't vote by proxy or at the meeting in person, brokers may vote on your behalf at their discretion. These votes may also be called uninstructed or discretionary broker votes.
Proxy, a term denoting either a person who is authorized to stand in place of another or the legal instrument by which the authority is conferred. It is a contracted form of the Middle English word procuracie. Proxies are now principally employed for certain voting purposes.
A member of a company is entitled to appoint another person as his proxy to exercise all or any of his rights to attend, speak and vote at a meeting of the company. A member can appoint any other person to act as his proxy; it does not have to be another shareholder of the company.
Directed Proxy means a form of proxy in which the appointing Member directs the voting of the person appointed as that Member's proxy in relation to some or all resolutions to be put to the meeting which the proxy will attend.
A proxy for representation of a corporate stockholder at a corporate meeting which empowers the proxy to do all that the principal might do if present at the meeting. A general proxy allows a proxy holder to vote on any matter that may be undertaken.
