This excerpt taken from the HMC 6-K filed Jul 19, 2005.
Proposal 8: Presentation of Retirement Allowance to Retiring Directors and Corporate Auditors for Their Respective Services.
It was approved, in its original form, that monetary rewards be given to the Directors, Mr. Koichi Amemiya, Mr. Yasuo Ikenoya, Mr. Takanobu Ito, Mr. Masaaki Kato, Mr. Akio Hamada, Mr. Teruo Kowashi, Mr. Takashi Yamamoto, Mr. Masaru Takabayashi, Mr. Suguru Kanazawa, Mr. Manabu Nishimae, Mr. Masaya Yamashita, Mr. Hiroshi Kobayashi, Mr. Kazuo Sagawa, Mr. Kazuto Iiyama, Mr. Hiroshi Oshima, and Mr. Sho Minekawa, who are to resign from office at the close of this meeting, for the meritorious services that they have rendered to the Company, pursuant to the past practice of the Company and in accordance with the Companys bylaws on the retirement allowance of Directors and that decisions on the amount of money, time and method of payment of such monetary rewards be entrusted to the Board of Directors as to the retiring Directors.
At the meeting of the Board of Directors following the Ordinary General Meeting of Stockholders, Representative Directors and Directors were re-elected, and they have assumed their posts.
President and Representative Director