KFT » Topics » 19. HOW MANY VOTES MUST BE PRESENT TO HOLD THE MEETING?

This excerpt taken from the KFT DEF 14A filed Mar 10, 2006.

19.  HOW MANY VOTES MUST BE PRESENT TO HOLD THE MEETING?

In order for us to conduct our meeting, a majority of our outstanding shares of common stock as of March 1, 2006, must be present in person or by proxy at the meeting. This is referred to as a quorum. Abstentions and shares of record held by a broker or its nominee ("Broker Shares") that are voted on any matter are included in determining the number of votes present. Broker Shares that are not voted on any matter will not be included in determining whether a quorum is present.

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