How To Define "say-on-pay" Provision?
"say-on-pay" Provision can be defined as, An important provision of the Dodd-Frank Act, which requires public companies to submit their executive compensation plans every three years, is a non-binding advisory vote of shareholders. However, since these terms are purely consultative in nature, companies do not need to change their compensation based on shareholder votes. In addition, companies that ignore shareholder comments can do so with an exception, as the law does not approve companies that reject the vote. Since the Seven Pay clauses have been applied, only a fraction of the shareholders' votes have been recorded. And even for companies that do not implement changes to executive compensation plans (in response to a lack of votes), there are no material consequences of liability. One of the measures used by the plaintiffs' attorneys was to take legal action before the Seven Pay vote was cast. Instead of questioning the size of the executive compensation plan, the lawsuit alleges that the company did not provide shareholders with significant information to deliberately vote on the executive compensation plan.
Literal Meanings of "say-on-pay" Provision
Meanings of Say:
Speak words to convey information, opinions, feelings or intentions or instructions.
Take something to determine and accept the results.
It is used to express surprise or to draw attention to a comment or question.
Opportunity to express your opinion or feelings.
Sentences of Say
"Thank you," he said
Voters are entitled to vote on the agreement
Synonyms of Say
speak, utter, voice, pronounce, give utterance to, give voice to, vocalize, suppose, assume, imagine, presume, take as a hypothesis, hypothesize, postulate, posit, chance to speak, right to speak, turn to speak, chance to express one's opinion, right to express one's opinion, turn to express one's opinion, vote
Meanings of On:
Physically touched and assisted (surface)
Forms a stretched or marked part of (the surface of an object)
Make (mentioned) your article.
As a member (of a committee, jury or other body)
Keep it as your goal, objective or goal.
It is a means of transferring or storing information (above).
During the trip)
Find out the day or part of the day on which an event occurs.
To participate in
Drink regularly (medicine or medicine)
Physically in contact and through the surface.
Sentences of On
There is a jug of water on the table
Itching on the arm
Will serve in the committee
Five airstrikes in the city
Write down your thoughts on paper
He is going to visit his mother
Reported September 26
Her partner was shopping
Take morphine to relieve pain
The drink is mine
Synonyms of On
regarding, concerning, with reference to, referring to, with regard to, with respect to, respecting, relating to, on, touching on, dealing with, relevant to, with relevance to, connected with, in connection with, on the subject of, in the matter of, apropos, re, interminably, at length, for a long time, continuously, endlessly, ceaselessly, without a break, without a pause
Meanings of Pay:
Work Give money (to someone) owed to someone, received goods or loans.
One operation resulted in loss or other misfortune.
Give (attention, respect or admiration) to (someone)
Someone is paid for a regular job.
Seal with tar or tar (deck joint or wooden vibrator) to prevent leakage.
Sentences of Pay
Pay residents to buy grain
He paid the price for his impatience
No one paid attention to them
Those who work under the contract may receive higher wages
Synonyms of Pay
reward, reimburse, recompense, give payment to, settle up with, remunerate, tip, indemnify, suffer, suffer the consequences, be punished, pay a penalty, atone, make atonement, pay the price, get one's deserts, take one's medicine, bestow, present, grant, give, hand out, extend, offer, proffer, render, afford, salary, wages, wage
Meanings of Provision:
Something to use Spread or spread something.
The quantity or supply of something.
Terms or requirements in legal documents.
Appointment of the beneficiary, usually directly from the pope instead of the boss, and initially before he is released.
Food, drink or luggage, especially for travel. Provide
Save money for known obligations in the organization's account.
Sentences of Provision
New service agreement
Less social benefits
Important provisions of civil law
Consider another example of medieval populism in medieval England.
The Civil Force contractor is responsible for providing the force
Financial institutions need to provide themselves with financial assistance to cover credit losses
Synonyms of Provision
supplying, supply, providing, purveying, delivery, furnishing, equipping, giving, donation, allocation, distribution, presentation, facilities, services, amenities, resource, resources, equipment, arrangements, solutions, term, clause, requirement, specification, stipulation, provide, furnish, arm