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:4/28/2016)... (PRWEB) , ... April 28, 2016 , ... University of ... McDonald to the role of vice president of Student Engagement. In addition to ... facilities, athletics and student life areas. , “In the space of just one ...
(Date:4/28/2016)... CA (PRWEB) , ... April 28, 2016 , ... Cosmetic ... its website, cosmetictown.com . The forum section was recently revamped and upgraded to ... latest surgical techniques in use across the country. , According to the senior editor ...
(Date:4/28/2016)... ... ... In many parts of the world, contamination from human waste is a ... in underdeveloped parts of Africa where clean sources of food and water are scarce. ... will examine this global health issue and consider how it compares to other major ...
(Date:4/28/2016)... ... April 28, 2016 , ... ... Data Center Infrastructure Management solutions, announces today the availability of its latest ... the area of capacity management and optimization, providing new analytical capabilities that ...
(Date:4/28/2016)... ... 28, 2016 , ... Amada Senior Care, premier provider of non-medical in-home care ... its San Antonio West location. Prior to entering the senior care industry, Amada franchise ... of Amada San Antonio West will take place on Friday, April 29th. ...
Breaking Medicine News(10 mins):
(Date:4/28/2016)... 2016 Dr. ... und Stephen Schmidt werden ... ArisGlobal®, ein führender Anbieter cloudbasierter Softwarelösungen für ... dass neue Führungskräfte zum Team Sicherheit und ... vielfältige Erfahrungen mitbringen.  Dies wird die Geschäftseinheit ...
(Date:4/28/2016)... 2016 , Net Sales of $1.90 billion ... the prior year period, and an increase of 1.2% on ... EPS for the first quarter were $0.52 reported, a decrease ... an increase of 29.9% over the prior year period ... guidance for 2016 Zimmer Biomet Holdings, Inc. (NYSE ...
(Date:4/28/2016)... 28, 2016   Acsis , a leading provider ... IT market research and advisory firm IDC has named ... MarketScape: Worldwide Pharmaceutical Track and Trace Software 2016 Vendor ... an assessment of the capabilities and business strategies of ... market. Logo - http://photos.prnewswire.com/prnh/20160427/360791LOGO ...
Breaking Medicine Technology: