FMSB » Topics » How many votes are required?

This excerpt taken from the FMSB DEF 14A filed Mar 16, 2007.
How many votes are required?
The presence, in person or by proxy, of at least a majority of the total number of outstanding shares of Common Stock entitled to vote will constitute a quorum at the Annual Meeting. Abstentions will be counted as shares present and entitled to vote at the Annual Meeting for purposes of determining the presence of a quorum.
The three nominees for election as directors at the Annual Meeting who receive the highest number of affirmative votes will be elected Class III directors for a term of three years, to serve until the 2010 Annual Meeting of Shareholders and until their respective successors are elected. Votes may be cast “for” or “withheld” from each nominee. Shareholders are not permitted to cumulate their votes for the election of directors. Votes that are withheld will have no effect on the outcome of the election



because directors will be elected by a plurality of votes cast. Shareholders of record of the common stock will be entitled to one vote per share on any matter that may properly come before the Annual Meeting.

"How many votes are required?" elsewhere:

Boardwalk Bancorp (BORD)
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki