This excerpt taken from the CHNL DEF 14A filed Apr 18, 2008.
STOCKHOLDER PROPOSALS FOR 2009 ANNUAL MEETING
All proposals of stockholders intended to be presented at our 2009 annual meeting of stockholders must be directed to the attention of our secretary, at our the address set forth on the first page of this proxy statement, by December 19, 2008, if they are to be considered for possible inclusion in the proxy statement and form of proxy used in connection with the 2009 annual stockholders meeting. Any such proposal will be subject to the requirements of Rule 14a-8 of the Securities Exchange Act of 1934.
Stockholders intending to present a proposal at our 2009 annual meeting of stockholders must comply with the requirements and provide the information set forth in our restated certificate of incorporation. Under our restated certificate of incorporation, a stockholders proposal must be timely received. To be timely, a stockholders notice shall be delivered to the secretary at our principal executive offices, not less than seventy-five days, nor more than ninety days prior to the first anniversary of the preceding years annual meeting; provided, however, that in the event that the date of the annual meeting is advanced by more than thirty days or delayed by more than sixty days from such anniversary date, be timely notice must be delivered not earlier than the ninetieth day prior to such annual meeting and not later than the close of business on the later of the sixtieth day prior to such annual meeting or the tenth day following the day on which public announcement of the date of such meeting is first made. Notwithstanding the foregoing, in the event that the number of directors to be elected to the board of directors is increased, and there is no public announcement naming all of the nominees for director or specifying the size of the increased board of directors made by the company at least eighty-five days prior to the first anniversary of the preceding years annual meeting, a stockholders notice shall also be considered timely, but only with respect to nominees for any new positions created by such increase, if it is delivered to the secretary at our principal executive offices not later than the close of business on the tenth day following the day on which such public announcement is first made by the company. If any stockholder proposal is received untimely, we will not be required to present it at the 2009 annual meeting of stockholders.