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Message: Re: Agoracom
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Sep 13, 2015 05:31PM
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Sep 14, 2015 09:03AM
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Sep 14, 2015 11:43AM
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Sep 14, 2015 04:35PM

As I interpret the six rules you did not violate any of them.

This is how the votes break down: expressed in percentages of total votes

Falk--51.4 for, 48.6 against

Cocumelli--67.0 for, 33.0 against

Warden-- 44.7 for, 55.3 against

Polis--45.6 for, 54.4 against

Under the current by laws of the company "the highest 4 vote getters for the board are elected" so we have the same 4 we started with. Two of the board members have a backing of less than half and the CEO has the backing of slightly above half.

Advisory vote on executive compensation:

For 35.6 Against 62.7 Abstain 1.6

Equity based compensation plan:

For 40.0 Against 58.7 Abstain 1.3

A majority of the votes were not in favor of either of the compensation proposals.

Based on this math, I do not believe that you violated any of the rules. What remains to be seen is will you hear an answer from Agoracom.

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