This excerpt taken from the GD DEF 14A filed Mar 18, 2005.
Proposal 3: Shareholder Proposal on Future Severance Agreements
Proposal and Proponent. The Company has been advised by John Chevedden that he intends to present at the Annual Meeting a proposal requesting that the Board of Directors adopt a policy requiring a shareholder vote on the adoption of future severance agreements for senior executives, including the extension, modification or renewal by the Company of certain existing severance agreements for senior executives. See Shareholder Proposal Vote on Future Severance Agreements for the full text of the proposal and the Companys response.
Vote Required. You may vote for, vote against or abstain from voting on this matter. Assuming a quorum is present, the affirmative vote of the majority of shares present in person or represented by proxy at the Annual Meeting and entitled to vote on this proposal is required to approve the shareholder proposal.