If we can't get them out we might be able to limit the compensation or force the compensation to be tied to the stock price.

No one need set foot in the meeting. Since a corporation may conduct a meeting via remote communication, it may do so over the Internet, if it makes a reasonable effort to confirm who the stock and proxy holders are and to give them a reasonable chance to take part. A quorum is usually a majority of the shares permitted to vote. The charter or bylaws may set a different standard but not less than one-third of the shares permitted to vote. The shareholder vote needed to approve a corporate action varies, the authors note. For most actions, the vote quantum is a majority of the shares at the meeting (whether in person or through proxies) that are permitted to vote. For each proposal, the proxy statement must reveal the method of counting votes and of handling abstentions and broker nonvotes for quorum and voting purposes.

Dodd-Frank

Within one year of enactment, the SEC must issue rules that direct the national securities exchanges and associations to prohibit the listing of any security of an issuer that is not in compliance with the requirements of the compensation sections.[151] At least once every 3 years, a public corporation is required to submit to a shareholder vote the approval of executive compensation. And once every six years there should be a submitted to shareholder vote whether the required approval of executive compensation should be more often that once every three years.[152] Shareholders may disapprove any Golden Parachute compensation to executives via a non-binding vote.[153] Shareholders must be informed of the relationship between executive compensation actually paid and the financial performance of the issuer, taking into account any change in the value of the shares of stock and dividends of the issuer and any distribution