Puerto Rico Memorandum Regarding Potential Board Member Nomination Criteria and Protocols

State:
Multi-State
Control #:
US-DD07252
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Word; 
PDF; 
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Description

This due diligence memorandum sets forth the criteria that a company's board believes are appropriate and useful in identifying, evaluating and recommending nominees for election or appointment to the Board. These criteria and protocols are subject to change and modification from time to time, as deemed by the board to be in the best interests of a company.

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Contributions are the most common source of campaign support. A contribution is anything of value given, loaned or advanced to influence a federal election.

Today, in 48 states, individuals participate in primaries or caucuses to elect delegates who support their presidential candidate of choice. At national party conventions, the presidential contender with the most state delegate votes wins the party nomination.

Legal requirements for presidential candidates have remained the same since the year Washington accepted the presidency. As directed by the Constitution, a presidential candidate must be a natural born citizen of the United States, a resident for 14 years, and 35 years of age or older.

Nomination process to stand as a candidatefind 10 registered electors from the ward known as 'subscribers' who will support you.make sure they are on the electoral register.ask them to sign your nomination paper.sign and fill in a consent to nomination form.complete the home address form and relevant papers.More items...

Step 1: Primaries and Caucuses. People with similar ideas usually belong to the same political party.Step 2: National Conventions and General Election. After the primaries and caucuses, each major party, Democrat and Republican, holds a national convention to select a Presidential nominee.Step 3: The Electoral College.

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Puerto Rico Memorandum Regarding Potential Board Member Nomination Criteria and Protocols