New Hampshire Voting and Proxy Agreement

State:
Multi-State
Control #:
US-EG-9182
Format:
Word; 
Rich Text
Instant download

Description

Form of Corporate Voting and Proxy Agreement between ________ (stockholder), Cenex Harvest States Cooperative and Sparta Foods, Inc. dated 00/00. 3 pages
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FAQ

In the absence of his principal from the annual meeting of a business corporation, the proxy has the right to vote in all instances, but he has not the right to debate or otherwise participate in the proceedings unless he is a stockholder in that same corporation.

Proxy advisory firms conduct research and provide their clients with recommendations for proxy voting. These recommendations are not binding, but they are widely used and may have impact on both corporate actions, such as board independence, executive pay, acquisitions, etc., and firm value.

Comments written on proxies or ballots will be transcribed and provided to the Secretary of the Company. The vote of the shareholder will not be disclosed except where such vote is included in the comment or disclosure is necessary for an understanding of the comment.

Those who do not vote their proxies in advance may have their ballot automatically cast by brokers or management.

Some important rules are: Corporations must submit their proxy statements annually as form DEF14A. Corporations registering securities under Section 12 of the Securities Exchange Act must send a proxy statement before their annual shareholder meetings. Regular and special meetings require proxy statements.

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.

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New Hampshire Voting and Proxy Agreement