Navigation Links
Sunrise Settles Litigation Regarding Its 2007 Annual Meeting
Date:10/12/2007

MCLEAN, Va., Oct. 12 /PRNewswire-FirstCall/ -- Sunrise Senior Living, Inc. (NYSE: SRZ) today announced that it had settled certain litigation previously filed by SEIU Master Trust regarding Sunrise's 2007 annual meeting of stockholders to be held at 9:00 a.m. on Tuesday, October 16, 2007 at the Hilton McLean Tysons Corner, 7920 Jones Branch Drive, McLean, Virginia. As reflected in the previously disclosed Stipulated Final Order entered by the Delaware Chancery Court on September 5, 2007, as modified by the Stipulated Final Order entered by the Delaware Chancery Court on October 10, 2007:

-- the shares of stock represented at the 2007 annual meeting, either in

person or by proxy, and entitled to vote thereat, will constitute a

quorum for the purpose of the 2007 annual meeting, notwithstanding any

provision in Sunrise's certificate of incorporation or bylaws to the

contrary;

-- at the 2007 annual meeting, Paul J. Klaassen, Craig R. Callen and Lynn

Krominga will stand for election to the director class that will next

stand for election in 2010;

-- no other nominees will stand for election at the 2007 annual meeting;

and

-- no business will be conducted at the 2007 annual meeting other than (a)

the election of directors, (b) consideration of a shareholder proposal

requesting that the board of directors take the necessary steps, in

accordance with applicable state law, to declassify the board of

directors so that all directors are elected annually and (c)

consideration of a shareholder proposal that the board of directors

adopt a policy whereby, in the event of a restatement of financial

results, the board will review all bonuses and other awards that were

made to senior executives on the basis of having met or exceeded

performance goals during the period of the restatement and will, to the

maximum extent feasible, recoup for the benefit of Sunrise all such

bonuses or awards to the extent that performance goals were not

achieved.

About Sunrise Senior Living

Sunrise Senior Living, a McLean, Va.-based company, employs approximately 40,000 people. As of June 30, 2007, Sunrise operated 453 communities in the United States, Canada, Germany and the United Kingdom, with a combined capacity for more than 53,000 residents. At quarter end, Sunrise also had 38 communities under construction in these countries with a combined capacity for 6,000 additional residents. Sunrise offers a full range of personalized senior living services, including independent living, assisted living, care for individuals with Alzheimer's and other forms of memory loss, as well as nursing, rehabilitative and hospice care. Sunrise's senior living services are delivered by staff trained to encourage the independence, preserve the dignity, enable freedom of choice and protect the privacy of residents. To learn more about Sunrise, please visit http://www.sunriseseniorliving.com.


'/>"/>
SOURCE Sunrise Senior Living, Inc.
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. Public Interest Litigation Filed Favoring Mineworkers Against Silicosis
2. Fresh warnings to doctors regarding abortion pill
3. Researchers Present Data Regarding The Efficiency Of Herbs
4. Will anxiety regarding fertility treatment affect the chances of conception?
5. Changing Trends Regarding Insurance Cover For Weight Reduction Surgery
6. Indian Government warns Gujarat regarding possibility of bird flu
7. Leeches Provide Clues Regarding The Prevention Of Heart Disease
8. AIDS control requires co-coordinated move regarding safe sexual practices
9. Legal Action against Authority Regarding Outbreak of Legionnaires’ Diseas
10. Mixed Opinion Regarding Common Medical And Engineering Entrance Test
11. Adolescents Influenced By Maternal Attitude Regarding Weight Control
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/25/2016)... ... June 25, 2016 , ... "With 30 hand-drawn hand gesture ... said Christina Austin - CEO of Pixel Film Studios. , ProHand Cartoon’s package ... Final Cut Pro X . Simply select a ProHand generator and drag it ...
(Date:6/25/2016)... ... June 25, 2016 , ... Dr. Calvin Johnson has dedicated ... has implemented orthobiologic procedures as a method for treating his patients. The procedure ... doctors to perform the treatment. Orthobiologics are substances that orthopaedic surgeons use to ...
(Date:6/24/2016)... ... ... A recent article published June 14 on E Online details ... to state that individuals are now more comfortable seeking to undergo not only the ... and cheek reduction. The Los Angeles area medical group, Beverly Hills Physicians (BHP) notes ...
(Date:6/24/2016)... ... 24, 2016 , ... Marcy was in a crisis. Her son James, eight, was out of ... verbally and physically. , “When something upset him, he couldn’t control his emotions,” remembers Marcy. ... throw rocks at my other children and say he was going to kill them. ...
(Date:6/24/2016)... ... June 24, 2016 , ... Dr. Amanda Cheng, an ... Cheng has extensive experience with all areas of orthodontics, including robotic Suresmile technology, ... , Micro-osteoperforation is a revolutionary adjunct to orthodontic treatment. It can be ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... , June 23, 2016 Research ... "Pharmaceutical Excipients Market by Type (Organic Chemical (Sugar, Petrochemical, ... (Oral, Topical, Coating, Parenteral) - Global Forecast to 2021" ... The global pharmaceutical excipients market is ... a CAGR of 6.1% in the forecast period 2016 ...
(Date:6/23/2016)... , June 23, 2016 Research and ... News Issue 52" report to their offering. ... influenza treatment creates a favourable commercial environment for MedImmune to ... patient base that will serve to drive considerable growth for ... would serve to cap sales considerably, but development is still ...
(Date:6/23/2016)... Revolutionary technology includes multi-speaker listening to conquer ... in advanced audiology and hearing aid technology, has today ... world,s first internet connected hearing aid that opens up ...      (Photo: http://photos.prnewswire.com/prnh/20160622/382240 ) , ... , TwinLink™ - the first dual communication ...
Breaking Medicine Technology: