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6) In order to implement the dividend policy and the capital policy flexibly, the Company will newly establish Article 39 (Organ to decide on Matters including Dividends of Surplus) of the proposed Articles of Incorporation that enables the Company to decide matters including dividends of surplus by a resolution of the Board of Directors.
Those that intended to organize and operate exclusively for an exempt purpose but simply drafted their articles of incorporation inartfully did not receive from the IRS the minimal amount of service needed to identify the deficiency and notify the organization of the need to correct it.
As the number of Internal Directors (excluding Directors who are Audit and Supervisory Committee Members) is expected to continue to remain small in the future, the Company determines not to have Executive Vice Presidents, Senior Managing Directors, and Managing Directors for the time being, and will delete the related wording in Paragraph 1 of Article 24 of the current Articles of Incorporation, and delete Paragraph 4 of the same article.
2(f) of the Articles of Incorporation as amended shall be by the joint nominating committee of The Florida Bar Foundation and The Florida Bar.
The present Article 16 will be amended where necessary to clarify this handling in the Articles of Incorporation.
After it secured the approval from the central bank, Security Bank said the revised articles of incorporation would need the additional approval by the Securities and Exchange Commission.
Absent receiving the votes necessary to approve the proposals to amend its Articles of Incorporation, the company then plans to adjourn the meeting and defer voting on shareholder business matters until February 21, 2007, when the meeting will be reconvened.
Aetna (NYSE: AET) today announced that its Board of Directors has voted to submit a proposal to shareholders to place a majority vote standard for the election of directors in the company's articles of incorporation.
NASDAQ:GROW) announced today that it has filed the definitive proxy statement with the Securities and Exchange Commission for soliciting proxies for voting on amendments to the Articles of Incorporation of U.
Heinz Company (NYSE:HNZ) said today that its Board of Directors has approved a proposed amendment to the company's Articles of Incorporation that, if adopted by the shareholders, will require approval of the election of directors in uncontested elections by a majority vote of shareholders.
The Board also approved amendments to the Articles of Incorporation of U.
HBV also urges shareholders to vote in favor of the changes to the company's articles of incorporation that were promised to shareholders at the May 6 Annual General Meeting.