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HPQ » Topics » Rule 16b-3.

This excerpt taken from the HPQ DEF 14A filed Jan 27, 2010.
Rule 16b-3. To the extent desirable to qualify transactions hereunder as exempt under Rule 16b-3 promulgated under the Exchange Act (“Rule 16b-3”), Awards to Officers and Directors shall be made by the entire Board or a Committee of two or more “non-employee directors” within the meaning of Rule 16b-3.

 

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