Quoting Josh Rowe on Thursday July 19, 2007:
|
| from: Annexure to EGM Notice - Explanatory Memorandum
| http://www.auda.org.au/document.php?documentid=927
|
| Employees who hold less than 5% of the total number of votes attached to the
shares in the .au domain name Supply entity (.au Registry/.au Registrar/.au
Reseller) are permitted to be a Demand Class Director.
I did read that document, and I don't think it actually says that. To
quote:
---
"Supply Related Person" means a person that:
a. qualifies for Supply Class membership; or
b. is an employee or officer or related entity (as those terms are
defined in the Corporations Law) of:
i. a Registry Operator;
ii. an auDA accredited Registrar; or
iii. a reseller appointed by an auDA accredited Registrar in the
.au name space,
provided that a person who holds less than 5% of the total number
of votes attached to the shares in a listed Registry Operator, auDA
accredited Registrar or reseller appointed by an auDA accredited
Registrar in the .au name space, will not be taken to be a Supply
Related Person by reason only of such holding.
---
I take that to mean if you can not be considered a supply related person
purely for having a <5% voting stake in the company; not to mean that
this only applies to an employee or officer or related entity if they
have a 5% voting stake in the company.
Can you clarify?
kim
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