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What is the purpose of proxy form?

When you sign this proxy form, you authorize the proxyholder to act and vote your shares on your behalf at the meeting and any adjournment, and to carry out your voting instructions. If you are an individual shareholder, you or your authorized attorney must sign the proxy form.

How long are proxy agreements good for?

Most states automatically limit proxy duration to a period of eleven months or less. The logic here is that they presume that while the shareholder may wish to have her vote cast for her at one years meeting, she may not wish to give away her voting power indefinitely.

What is a proxy letter?

Proxy Statement FAQs A proxy agreement is a written agreement that one person can act legally on behalf of another. In the case of shareholder votes, the proxy agreement states that a proxy can vote on behalf of the principal.

How do you write a proxy vote letter?

I am unable to physically attend proceedings in the House Chamber due to the ongoing public health emergency, and I hereby grant the authority to cast my vote by proxy to the Honorable (State), who has agreed to serve as my proxy. [Please provide an original signature.

What does proxy vote mean?

If youre unable to vote in person you can ask someone to vote on your behalf. This is called a proxy vote.

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