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Quotes & Info
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| CLCT > SEC Filings for CLCT > Form 8-K/A on 5-Mar-2013 | All Recent SEC Filings |
5-Mar-2013
Submission of Matters to a Vote of Security Holders
At the Annual Meeting, the Company's stockholders were asked to cast a non-binding advisory vote as to whether future advisory votes on executive compensation should be held annually, once every two years or once every three years. As previously reported, the outcome of that vote was as follows:
For For Every For Every
Shares Voted: Every Year Two Years Three Years Abstain
Number of Shares 2,853,179 16,442 399,635 36,876
Percent of Shares Voted 86.3 % 0.5 % 12.1 % 1.1 %
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In light of these voting results and other factors, the Company's Board of Directors, at its February 27, 2013 meeting, decided that advisory votes on the compensation of our named executive officers will be held annually until such time as the Board of Directors may decide to hold another stockholder advisory vote on the frequency of advisory votes on executive compensation.
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