HP3000-L Archives

April 2002, Week 2

HP3000-L@RAVEN.UTC.EDU

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Subject:
From:
"John R. Wolff" <[log in to unmask]>
Reply To:
John R. Wolff
Date:
Tue, 9 Apr 2002 10:54:23 -0400
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None of the logic in the aforementioned post will apply in this situation.
HP, like all companies, is governed by a set of bylaws (rules) which can
only be changed by a vote of all shareholders or possibly a court.

In HP's case they have a bylaw which defines the ability to enter the name
of a write-in candidate for the board.  It requires that write-in
candidates be submitted to HP by November of the preceeding year to be
eligible for election.  Naturally, management and the existing board will
always recommend that shareholders vote only for the regularly nominated
slate of candidates.  If any shareholders turn their votes over to
management by proxy then that is how they will be voted.

Writing any other names or conditions on a ballot will have 0 impact on the
outcome and will be ignored.

See my earlier post from yesterday for more details on this subject.

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