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DVN » Topics » Do you have plans to implement the new rules that allow companies to direct their stockholders to an on-line copy of the proxy materials, rather than mailing paper copies to the stockholders?This excerpt taken from the DVN DEF 14A filed Apr 28, 2008. Do you have plans
to implement the new rules that allow companies to direct their
stockholders to an on-line copy of the proxy materials, rather
than mailing paper copies to the stockholders?
As you may have heard, new rules now allow companies to choose
to mail their stockholders a notice that their proxy materials
can be accessed over the Internet instead of mailing a paper
copy of the proxy statement and annual report. Stockholders of
companies who choose this delivery method can always request
delivery of a paper copy of the proxy materials. We have decided
not to adopt this new delivery method for this years
Annual Meeting materials. We are considering carefully how to
realize the cost savings opportunity and the environmental
benefits of avoiding the printing and mailing of these documents
to stockholders who do not request paper copies, while still
maintaining a meaningful and convenient proxy process for our
stockholders.
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