ONE HORIZON GROUP, INC.
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(Name of Registrant as Specified In Its Charter)
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(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
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1)
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To elect members of the Board of Directors, whose terms are described in the proxy statement;
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2)
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To approve and ratify the re-appointment of Peterson Sullivan LLP as the Company’s independent accountants to audit the Company’s financial statements as at December 31, 2015 and for the fiscal year then ending; and,
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5)
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To transact such other business as may properly come before the meeting and any postponement or adjournment thereof.
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By Order of the Board of Directors,
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/s/ Brian Collins
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Brian Collins, Chief Executive Officer
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November 23, 2015
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1)
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Vote By Internet: You may vote via internet at www.proxyvote.com, Use the Internet to transmit your voting instructions and for electronic delivery of information up until 11:59 P.M. Eastern Time the day before the cut-off date or meeting date. Have your proxy card in hand when you access the web site and follow the instructions to obtain your records and to create an electronic voting instruction form.
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2)
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Vote In Person: If you choose to vote in person at the meeting, please request a proxy card upon arrival at the meeting and return the completed card to the Inspector of Elections prior to the vote.
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3)
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Vote By Phone 1-800-690-6903. Use any touch-tone telephone to transmit your voting instruction up until 11:50 P.M. Eastern Time the date before the cut-off date or meeting date .Have your proxy card in hand when you call and then follow the instruction.
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4)
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Vote By Mail: Mark, sign and date your proxy card and return it in the postage-paid envelope we have provided or return it to Vote Processing, c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717.
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Name
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Age
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Principal Occupation or Employment
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First Became Director
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Current Board Term Expires
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Brian Collins
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47
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Chief Executive Officer, President, Director
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12/10/12
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2015
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Martin Ward
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58
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Chief Financial Officer, Director
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12/10/12
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2015
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Nicholas Carpinello
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65
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Owner, Carpinello Enterprises LLC, Director
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3/7/13
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Until the date of removal or resignation
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Richard Vos
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70
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Director
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8/21/2013
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Until the date of removal or resignation
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Robert Law
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64
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Director
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8/28/2013
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Until the date of removal or resignation
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Robert Vogler
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65
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Director
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1/8/14
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Until the date of removal or resignation
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Name
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Age
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Position
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Brian Collins
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47
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Chief Executive Officer, Vice President, Director
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Martin Ward
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58
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Chief Financial Officer, Director, Secretary
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●
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Our Nominating and Corporate Governance Committee has, among the others, the following authority and responsibilities:
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To determine and recommend to the Board, the criteria to be considered in selecting nominees for the director;
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To identify and screen candidate consistent with such criteria and consider any candidates recommended by our stockholders pursuant to the procedures described in our proxy statement or in accordance with applicable laws, rules and regulations and provisions of our charter documents.
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To select and approve the nominees for director to be submitted to a stockholder vote at the annual meeting of stockholders.
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The compensation committee may, in its sole discretion, retain or obtain the advice of a compensation consultant, legal counsel or other adviser.
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The compensation committee shall be directly responsible for the appointment, compensation and oversight of the work of any compensation consultant, legal counsel and other adviser retained by the compensation committee or said group.
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The Company must provide for appropriate funding, as determined by the compensation committee, for payment of reasonable compensation to a compensation consultant, legal counsel or any other adviser retained by the compensation committee or said group.
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The compensation committee select, or receive advice from, a compensation consultant, legal counsel or other adviser to the compensation committee or said group, other than in-house legal counsel, only after conducting an independence assessment with respect to the adviser as provided for in the Act.
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This structure creates efficiency in the preparation of the meeting agendas and related Board materials as the Company’s Chief Executive Officer works directly with those individuals preparing the necessary Board materials and is more connected to the overall daily operations of the Company. Agendas are also prepared with the permitted input of the full Board of Directors allowing for any concerns or risks of any individual director to be discussed as deemed appropriate. The Board believes that the Company has benefited from this structure, and Mr. Collin’s continuation in the combined role of the Acting Chairman and Chief Executive Officer is in the best interest of the stockholders.
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The Company believes that the combined structure is necessary and allows for efficient and effective oversight, given the Company’s relatively small size, its corporate strategy and focus.
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Forward the communication to the Director or Directors to whom it is addressed;
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Attempt to handle the inquiry directly, for example where it is a request for information about OHGI or it is a stock-related matter; or
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Not forward the communication if it is primarily commercial in nature or if it relates to an improper or irrelevant topic.
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September 30
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December 31
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2015
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2014
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Loans due to stockholders (current and former officers and directors)
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Due within one year
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$
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-
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$
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600
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Long-term
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$
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2,521
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$
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2,598
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$
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2,521
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$
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3,198
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Name and Principal Position
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Period
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Salary
($)
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Bonus
($)
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Stock
Award(s)
($)
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Option
Awards ($)
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Non-Equity Incentive Plan Compensation
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Non-Qualified Deferred Compensation Earnings ($)
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All Other Compensation ($)
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Total ($)
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(a)
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(b)
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(c)
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(d)
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(e)
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(f)
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(g)
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(h)
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(i)
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(j)
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Mark White, Former CEO(1)
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Year ended 12/31/14
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358,750 | 0 | 0 | 0 | 0 | 0 | 0 | 358,750 | |||||||||||||||||||||||||
Year ended 12/31/13
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676,000 | 0 | 0 | 0 | 0 | 0 | 0 | 676,000 | ||||||||||||||||||||||||||
Brian Collins, CEO (2)
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Year ended 12/31/14
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615,000 | 0 | 0 | 0 | 0 | 0 | 0 | 615,000 | |||||||||||||||||||||||||
Martin Ward, CFO(3) |
Year ended 12/31/13
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676,000 | 0 | 0 | 0 | 0 | 0 | 0 | 676,000 | |||||||||||||||||||||||||
Year ended 12/31/14
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292,3300 | 0 | 0 | 0 | 0 | 0 | 0 | 292,330 | ||||||||||||||||||||||||||
Year ended 12/31/13
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311,000 | 0 | 0 | 0 | 0 | 0 | 0 | 311,000 |
(1) | Mr. White was appointed our chief executive officer effective November 30, 2012 and resigned on July 24, 2014 due to personal reasons. Mr. White was paid in Swiss Francs, with a conversion rates of CHF 1.00 = $1.12, which rate represents the average exchange rate for that period, as represented by http://www.oanda.com/currency/historical-rates/. |
(2) | Mr. Collins was appointed our chief executive officer effective July 28, 2014 and our chief technology officer effective November 30, 2012. For the period ended December 31, 2013, Mr. Collins was paid in Swiss Francs, with a conversion rate of CHF 1.00 = $1.12, which rate represents the average exchange rate for that period, as represented by http://www.oanda.com/currency/historical-rates/. |
(3) | Mr. Ward was appointed our chief financial officer effective November 30, 2012. For the period ended December 31, 2013, Mr. Ward was paid in pounds sterling, with conversion rate of £1.00 = $1.56, which rate represents the average exchange rate for that period, as represented by http://www.oanda.com/currency/historical-rates/. For the period ended December 31, 2014, Mr. Ward was paid in British pounds (GBP 1 = USD 1.5571). |
Name
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Fees Earned or Paid in Cash
($)
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Stock Awards
($)
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Option Awards
($)
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Non-Equity Incentive Plan Compensation
($)
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Nonqualified Deferred Compensation Earnings
($)
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All Other Compensation
($)
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Total ($)
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Nicholas Carpinello
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18,000 | 0 | 0 | 0 | 0 | 0 | 18,000 | |||||||||||||||||||||
Brian Collins
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615,000 | 0 | 0 | 0 | 0 | 0 | 615,000 | |||||||||||||||||||||
Robert Law
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18,000 | 0 | 0 | 0 | 0 | 0 | 18,000 | |||||||||||||||||||||
Richard Vos
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18,000 | 0 | 0 | 0 | 0 | 0 | 18,000 | |||||||||||||||||||||
Martin Ward
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292,330 | 0 | 0 | 0 | 0 | 0 | 292,330 | |||||||||||||||||||||
Mark White(1)
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358,750 | 0 | 0 | 0 | 0 | 0 | 358,750 | |||||||||||||||||||||
Robert Vogler
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18,000 | 0 | 0 | 0 | 0 | 0 | 18,000 |
(1)
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Mark White resigned as a director of the Board effective July 24, 2014 due to personal reasons.
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Name of Person or Group
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Amount And Nature of Beneficial
Ownership(1)
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Percent
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Principal Stockholders:
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Alexandra Mary Johnson
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1,942,666
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5.54
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%
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11 Washern Close
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Wilton Salisbury, SP2 0LX
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United Kingdom
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Adam Christie Thompson
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1,942,666
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5.54
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%
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547A Wellington Road
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Crisfield, MD 21817
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Mark White (Former CEO)
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5,415,011
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15.45
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%
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Named Executive Officers and Directors:
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Martin Ward
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2,914,666
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8.32
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%
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Brian Collins
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6,069,011
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17.32
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%
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Richard Vos
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9,729
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*
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Nicholas Carpinello
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16
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*
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Robert Vogler
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194,600
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*
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Robert Law
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0
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*
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All Executive Officers and Directors as a Group (6 persons):
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9,188,022
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26.22
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%
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*
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Less than 1%.
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(1)
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Except as otherwise indicated, each of the stockholders listed above has sole voting and investment power over the shares beneficially owned.
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2014
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2013
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(in thousands)
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(in thousands)
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Audit fees
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$ | 80,000 | $ | 60,000 | ||||
Audit-related fees
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100,000 | - | ||||||
Tax fees
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- | - | ||||||
All other fees
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- | - | ||||||
Total
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$ | 180,000 | $ | 60,000 |
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Not later than January 1, 2016; or
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If the date of next year's annual meeting is moved more than 30 days before or after the anniversary date of this year's annual meeting, the deadline for inclusion of proposals in our proxy statement is instead 120 days before we begin to print and mail our proxy materials for next year's meeting.
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