Staggered Terms

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Staggered Terms

An arrangement whereby only a certain number of members of a board of directors are elected in a given year. For example, a board of directors may have 10 members serving five year, staggered terms where two new members are elected each year. In addition to giving the board consistency in its membership, staggered terms makes hostile takeovers more difficult because the potential acquirer can replace only so many directors at a time.

staggered terms

Membership terms for a firm's directors that expire in different years. A firm with 12 directors might have 4-year terms with 3 seats up for election each year. Staggered terms make it more difficult for a raider to gain control of a board.

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Antitakeover Measure board of directors Classified Board Rotation of Directors Staggered Board of Directors			That means getting rid of so-called staggered terms in which only a handful of board members come up for a vote each year. IS IT CalPERS' TURN TO CLEAN HOUSE? by Christopher Palmeri / BusinessWeek Because of staggered terms on the five-member elected body, none of the commissioners who votes on this item will actually see an increase in his or her own salary. COUNTY PLANS BOOST FOR OFFICIALS' SALARIES by The Santa Fe New Mexican (Santa Fe, NM) He is one of five members of the Board of Selectmen who serve three-year, staggered terms. Debt exclusion is on Monday's ballot; Oil spill cleanup at Jefferson ... by Telegram & Gazette (Worcester, MA)			SRD SRG Sri Lankan Rupee SRO SS1 ST STA Staatsanleihe Staatsschulden Stability Stabilization Stabilization Period stabilize stabilized income stabilized occupancy stabilized value Stabilizzatore automatico Stable Paretian, or Fractal Hypothesis Stachybotrys chartarum stacking plan Stag stagflation Staggered Board of Directors Staggered Entry Strategy staggered maturities Staggered Terms Staggering Maturities staging Stagnation STAIRS STAIRSr Stake-Out Investment stakeholder Stakeholders Stale Price Stale Price Arbitrage Stalking Horse Stalking Horse Bid Stalwart Stamp Duty Stamp Tax Stand up to Stand-Alone Company Stand-Alone Principle Standard & Poor's Standard & Poor's 100 Stock Index Standard & Poor's 400 Stock Index Standard & Poor's 500 Index Standard & Poor's 500 Stock Index Standard & Poor's Confidence Indicator Standard & Poor's Depositary Receipt			Staggered Board staggered board of directors staggered board of directors Staggered Boards Staggered Boards of Directors Staggered conformation Staggered conformation staggered course Staggered Directorship staggered directorships staggered directorships Staggered Entry Strategy staggered head staggered hours staggered maturities staggered partition Staggered phase shift keying Staggered Pin Grid Array Staggered Pin Grid Array Staggered PRF During Search Staggered Quadra Pseudo-Random Noise Staggered Quadrature Amplitude Modulation Staggered Quadrature Offset Raised Cosine Staggered Quadrature Phase-Shift Keying Staggered Quadriphase Pseudonoise staggered riveting Staggered spinup Staggered Term Staggered Terms Staggered Traffic Signals staggered tuning Staggered Upwind Embedded Boundary staggered-intermittent fillet welding staggered-line drive staggered-stud partition staggerer staggerer staggerer staggerer staggerers staggerers staggerers staggergrass staggering staggering staggering staggering staggering advantage staggering belief staggering gait staggering gait staggering gait staggering gait staggering gait Staggering maturities staggeringly staggeringly staggeringly staggers

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