Milestone/Plurality Vote
in response to
by
posted on
Apr 29, 2010 03:48PM
Perhaps this will clear up how directors are elected:
Vote Required; Board Recommendation
Directors are elected by plurality vote, meaning that (should there be more nominees than seats available) the nominees who receive the most votes will be elected for the term nominated, even if the number of votes received by any one or more nominees is less than a majority of the votes cast. Cumulative voting is not allowed in the election of directors. The Board recommends a vote in favor of each nominee set forth above.
Let's do it
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