The Board of Directors of NEGT has fixed the close of business on October 11, 2005 as the record date for determining stockholders entitled to notice of and to vote at the Annual Meeting and any adjournment thereof.
Such holders may nominate persons for election to the Board of Directors of NEGT and propose business to be considered by the stockholders at the Annual Meeting, provided that such nominations and proposals are received by the Secretary of NEGT at the principal executive offices of NEGT no more than 10 days from the date of this notice.
Article IX of the Amended and Restated Bylaws (the "Bylaws") of NEGT contains provisions that allow eligible stockholders to submit nominations of persons for election to the Board of Directors, or to submit a proposal for business to be considered by stockholders, at the Annual Meeting.
For nominations or other business to be properly brought before the Annual Meeting by a stockholder, the stockholder must have given notice in writing to the Secretary of NEGT at the principal executive office of NEGT (as set forth at the head of this press Release, attention Secretary) not more than 10 days after receipt of notice, or public announcement by NEGT of the date, of the Annual Meeting (i.
The projects, which various NEGT wholly-owned, indirect subsidiaries had developed, in some cases began construction and pursued sales for, include: Mantua Creek, West Deptford, N.
NEGT emerged from bankruptcy protection in October and has announced the separate sales of each of its major operating business units.
Pursuant to the plan, NEGT will issue 100 percent of its equity and $1 billion in notes to its unsecured creditors -- a diversified group of banks and other financial institutions.
Throughout our bankruptcy, NEGT has remained focused on day-to-day operations, allowing us to maximize on the value of the company's strong performing assets.
As previously announced, the Board of Directors of the reorganized NEGT is comprised of Bondi, Sanford L.