Haw. Code R. § 16-1-4 - Definitions
(a) The terms "solicit" and "solicitation"
for purposes of this chapter shall include:
(1) Any request for a proxy, whether or not
accompanied by or included in a form of proxy; or
(2) Any request to execute or not to execute,
or to revoke, a proxy; or
(3) The
furnishing of a proxy or other communication to stockholders under
circumstances reasonably calculated to result in the procurement, withholding,
or revocation of a proxy.
(b) The terms "solicit" and "solicitation"
shall not include:
(1) Any solicitation by a
person in respect to stock of which the person is the beneficial owner;
or
(2) Action by a broker or other
person in respect to stock carried in the person's name; or
(3) Action in the name of the nominee in
forwarding to the beneficial owner of such stock soliciting material received
from the company; or
(4)
Impartially instructing such beneficial owner to forward a proxy to the person,
if any, to whom the beneficial owner desires to give a proxy; or
(5) Impartially requesting instructions from
the beneficial owner with respect to the authority to be conferred by the proxy
and stating that a proxy will be given if the instructions are received by a
certain date; or
(6) The furnishing
of a form of proxy to a stockholder upon the unsolicited request of the
stockholder, or the performance by any person of ministerial acts on behalf of
a person soliciting a proxy.
Notes
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