...they could just vote it down and we'd be in the same spot although they would have been seen to be accomodating by including it. That or they could easily have some wording similar to the previous SRP stating that they can remove it at any time prior to implementation.
Bottom line, I think we are screwed on that front as well. Would be nice if management/IR would answer us. This is pathetic.
Ajit received 2.1M shares for signing on and Suresh got 6.4M shares. They're free and clear no matter the outcome.
To be fair, from our viewpoint the company may be actually making some forward progress (hiring staff, finally updating website) but the stock price is absolutlely brutal and looks more like it was orchestrated on bottoming the SP out than having it rise (to which they have done a great job). This will be one more line on their LinkedIn and we'll be in the red (Mika, "completed takeover for 15% premium of stock price at the time"...).