But the Committee says as well.....
in response to
by
posted on
Feb 15, 2014 02:23PM
Page 33
...The Steering Committee shall be authorized and empowered to select individuals to fill vacant seats on the PDS Management Committee, including the seat vacated by Leckrone pursuant to the Plan, subject tothe applicable terms of the management agreement between TPL, Charles Moore, Patriot and PDS...
....In addition to the supervisory and approval powers and obligations set forth in the Plan, the Steering Committee shall also have the power and responsibility, in its discretion, to require the Manager to obtain Steering Committee approval for non-major company actions including, without limitation, entering into any acquisition, licensing, financing, employment, settlement or other contractual arrangement...