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Virginia Commerce Bancorp (VCBI)
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VCBI » Topics » Vote Required

This excerpt taken from the VCBI DEF 14A filed Mar 23, 2009.

Vote Required

 

The affirmative vote of a majority of the votes cast on the proposal by the holders of the Company’s common stock present or represented at the meeting is required to approve this proposal. Proxies received by the Company and not revoked prior to or at the meeting will be voted in favor of this non-binding proposal unless otherwise instructed by the stockholder.

 

We believe are compensation policies are strongly aligned with the long term interests of the Company and its stockholders.  As such, the Board of Directors recommends that stockholders vote FOR approval of this non-binding advisory resolution.

 

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