Some important information regarding TVPI Elections Process (from the TVPI bylaws):
Article 1: The officers of this corporation shall consist of a president, Vice-President, Secretary and Treasurer, and shall be elected by the stockholders at their annual meeting, and serve for one year until their successors are elected and qualified.
Article 2: The Board of Directors shall consist of five (5) stockholders. No stockholder shall be eligible for election as a member of the Board of Directors unless he is the owner of at least fifty (50) shares of the capital stock of the corporation at the time of his election. An officer, with the exception of the Secretary and Treasurer, shall not be eligible for elections unless he is the owner of at least fifty (50) shares of the capital stock of the corporation at the time of his election.
Please consider standing for election as a member of the Board of Directors or for President, Vice President, Secretary, or Treasurer.
Also, some of you have submitted your proxies to those who will be attending the meeting. The person you have selected as your proxy will be able to cast one additional vote for each proxy he or she has received.
The definition of a proxy is: “A written authorization empowering another person to vote or act for the signer, as at a meeting of stockholders.”
