|
|
 | | | |
- close
- close
- close
- close
| |||||||||
This excerpt taken from the DIN DEF 14A filed Apr 17, 2007. Board
Retirement Policy. In 2004, the Board resolved
that effective with the 2005 Annual Meeting, no person may stand for election
to serve as a member of the Company’s Board of Directors if he or she shall
have reached his or her 76th birthday. Notwithstanding the foregoing, under
special circumstances, upon the recommendation of the Nominating and Corporate
Governance Committee, and upon the consent and approval of a majority of the
Board, a person who has reached his or her 76th birthday may be permitted to run
for a seat and serve on the Board.
At a meeting held in February 2007 in recognition of his valuable contributions as a member of the Board, upon recommendation of the Nominating and Corporate Governance Committee the Board unanimously voted to waive the Board Retirement Policy with respect to Frank Edelstein and resolved he be nominated to run as a Class I director (See “Proposal 1. Election of Three Class I Directors” above). Mr. Edelstein will be 81 years old on the date of the Annual Meeting. This excerpt taken from the DIN DEF 14A filed Apr 17, 2006. Board Retirement Policy. In
2004, the Board resolved that effective with the 2005 Annual Meeting of
Shareholders, no person may stand for election to serve as a member of the
Company’s Board of Directors if he or she shall have reached his or her 76th
birthday. Notwithstanding the foregoing, under special circumstances, upon the
recommendation of the Nominating and Corporate Governance Committee, and upon
the consent and approval of a majority of the Board, a person who has reached
his 76th birthday may be permitted to serve on the Board.
This excerpt taken from the DIN DEF 14A filed Apr 19, 2005. Board
Retirement Policy. In 2004 the Board resolved that
effective with the 2005 Annual Meeting of Shareholders, no director shall stand
for election to serve as a member of the Company’s Board of Directors if he or
she shall have reached his or her 76th birthday. Notwithstanding the foregoing,
under special circumstances, upon the recommendation of the Nominating and
Corporate Governance Committee, and upon the consent and approval of a majority
of the Board, a director who has reached his 76th birthday may be allowed to
run for election to serve on the Board.
| EXCERPTS ON THIS PAGE:
RELATED TOPICS for DIN: |
| |||||||
