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This excerpt taken from the ASTM DEF 14A filed Oct 27, 2009. What is a
broker non-vote?
If you hold your shares in street name and do not provide voting
instructions to your broker, your shares will not be voted on
any proposal on which your broker does not have discretionary
authority to vote (a “broker non-vote”). Shares held
by brokers who do not have discretionary authority to vote on a
particular matter and who have not received voting instructions
from their customers are counted as present for the purpose of
determining whether there is a quorum at the Annual Meeting of
Shareholders, but are not counted or deemed to be present or
represented for the purpose of determining whether shareholders
have approved that matter. Pursuant to applicable rules, brokers
will have discretionary authority to vote on the proposal to
elect directors, increase the number of authorized shares of our
common stock, approve the Reverse Stock Split and ratify the
appointment of PricewaterhouseCoopers LLP. Pursuant to
applicable rules, brokers will not have discretionary authority
to vote on the proposal to approve the 2009 Omnibus Incentive
Plan.
This excerpt taken from the ASTM DEF 14A filed Sep 9, 2008. What is a
broker non-vote?
If you hold your shares in street name and do not provide voting
instructions to your broker, your shares will not be voted on
any proposal on which your broker does not have discretionary
authority to vote (a broker non-vote). Shares held by brokers
who do not have discretionary authority to vote on a particular
matter and who have not received voting instructions from their
customers are counted as present for the purpose of determining
whether there is a quorum at the Annual Meeting of Shareholders,
but are not counted or deemed to be present or represented for
the purpose of determining whether shareholders have approved
that matter.
This excerpt taken from the ASTM DEF 14A filed Mar 5, 2008. What is a
broker non-vote?
If you hold your shares in street name and do not provide voting
instructions to your broker, your shares will not be voted on
any proposal on which your broker does not have discretionary
authority to vote (a broker non-vote). Shares held by brokers
who do not have discretionary authority to vote on a particular
matter and who have not received voting instructions from their
customers are counted as present for the purpose of determining
whether there is a quorum at the Special Meeting of
Shareholders, but are not counted or deemed to be present or
represented for the purpose of determining whether shareholders
have approved that matter. Pursuant to applicable rules, brokers
will have discretionary authority to vote on the proposal to
approve the Reverse Stock Split.
This excerpt taken from the ASTM DEF 14A filed Oct 17, 2007. What is a
broker non-vote?
If you hold your shares in street name and do not provide voting
instructions to your broker, your shares will not be voted on
any proposal on which your broker does not have discretionary
authority to vote (a broker non-vote). Shares held by brokers
who do not have discretionary authority to vote on a particular
matter and who have not received voting instructions from their
customers are counted as present for the purpose of determining
whether there is a quorum at the Annual Meeting of Shareholders,
but are not counted or deemed to be present or represented for
the purpose of determining whether shareholders have approved
that matter.
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