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Bullboard - Stock Discussion Forum Nordex Explosives Ltd V.NXX

"Nordex Explosives Ltd is engaged in development, manufacturing and resale of explosives products in Canada."

TSXV:NXX - Post Discussion

Nordex Explosives Ltd > SUGGESTED SHAREHOLDERS RESOLUTION FOR THE ANNUAL MEETING
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Post by withoutabias on May 28, 2014 12:59pm

SUGGESTED SHAREHOLDERS RESOLUTION FOR THE ANNUAL MEETING

1. "RESOLVED: The shareholder of Nordex Explosives Ltd. formally request that the Corporation adopt a policy stating that the Corporation's shareholders will be given the opportunity at each Annual general meeting to vote on an advisory resolution to ratify the compensation of the named Executive officers set forth in the proxy statement".

2. "RESOLVED: The shareholders of Nordex Explosives Ltd. request that the executive compensation practices of the Corporation be amended st that the main quabtifiable key performance Metrics used for Short term Incentive Plan, the Long term Incentive Plan and other Named Executive Officer compensation programs be disclosed to shareholders at least annually".
Comment by withoutabias on May 28, 2014 1:33pm
3. "RESOLVED: The Shareholders of Nordex Explosives formally request that the executive compensation practices of the corporation be amended to provide that the quantifiable Key Performance Metrics include Cash Flow per Share, Earnings per Share, Dividends, Return on Invested Capital and the Return on Equity". 4. "RESOLVED: The shareholders of Nordex Explosives Lyd. formally ...more  
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