at least shareholders get to vote no, feathering own nest ?from pg 6 of MIC
The Board believes that except for certain material changes to the Stock Option Plan it is important that the Board has the flexibility to make changes to the Stock Option Plan WITHOUT SHAREHOLDER APPROVAL, include appropriate adjustments to outstanding options in the event of certain transactions et al
IMHO options are mostly mngmnt's snouts in the trough
How about mngmnt makes money the same way shareholders do? By buying shares and increasing the value of them !!
I'm voting no