Connecticut Voting and Proxy Agreement

State:
Multi-State
Control #:
US-EG-9182
Format:
Word; 
Rich Text
Instant download

Description

Form of Corporate Voting and Proxy Agreement between ________ (stockholder), Cenex Harvest States Cooperative and Sparta Foods, Inc. dated 00/00. 3 pages
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FAQ

Proxy voting means having someone else cast your vote for you. The 'someone else' is referred to as the 'proxy', and acts as an 'agent' for the person whose vote is to be cast, the latter of whom is the 'principal'.

A proxy statement is a document the SEC requires companies to provide shareholders that includes information needed to make decisions at shareholder meetings. A ballot is a document that a shareholder of a company fills in to vote on corporate matters contained in a proxy filing for the annual meeting.

You can name someone you trust to vote on your behalf. This is known as ?proxy voting.? Proxy voting enables shareholders or members of an organization, such as a corporation or union, to communicate their opinions without being present at the actual vote.

Benefits of Proxy Proxy voting allows shareholders to vote on the composition of the company's board, the compensation of its officers, and the company's accounting firm. It also allows voting on shareholder proposals.

A proxy firm (also a proxy advisor, proxy adviser, proxy voting agency, vote service provider or shareholder voting research provider or proxy voting advisory businesses (PVABs)) provides services to shareholders (in most cases an institutional investor of some type) to vote their shares at shareholder meetings of, ...

For certain routine matters to be voted upon at shareholder meetings, if you don't vote by proxy or at the meeting in person, brokers may vote on your behalf at their discretion. These votes may also be called uninstructed or discretionary broker votes.

Proxy statements are documents that the Securities and Exchange Commission requires companies to give to shareholders so they can weigh in on important company issues. Proxy statements offer shareholders information about changes on the board and other important decisions the board needs to make.

A proxy is like an absentee ballot that enables shareholders to vote without physically attending the in-person shareholder meeting. Technically, a proxy gives someone else (usually management) instructions to cast their vote on their behalf.

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Connecticut Voting and Proxy Agreement