Viocity REIT seeks nominations for candidates to stand for election at the 2018 Annual General Meeting of Unitholders who will serve as Trustees of Viocity REIT for 2018.
Investor engagement is critical to the success of Viocity REIT, and the Board relies upon your recommendations for strong candidates. Please consider nominating yourself or colleagues you know who are already Investors or who are interested in becoming investors at Viocity REIT.
Only Viocity REIT Unitholders may submit nominations. All other interested parties must submit nominations through existing unitholders or become a unitholder themselves. Self-nominations are also welcome if you wish to become a Trustee yourself.
To submit nominations, send names and contact information for each, indicating whether or not you have contacted the nominee, so that a member of the nominating committee can follow up with the nominee accordingly to confirm interest. Self-nominees can simply indicate their interest. Nominees who confirm their interest in standing for election will be requested to supply a formal candidate statement outlining their qualifications for serving on the Viocity REIT board of Trustees. A guideline to who makes a good Viocity REIT Trustee along with basic qualification criteria and roles and responsibilities can be found here.
Nominations must be received by 11:00 p.m. PST Friday, February 23rd, 2017. They should be sent to Viocity REIT by emailing firstname.lastname@example.org. The Nominating Committee will review all nominations and confirm a slate of nominees with the current board of Trustees. An election ballot will be circulated to unitholders in April just prior to the Annual General Meeting in May 2018.
Of the current incumbent Trustees (5), there are (4) that are eligible for re-election on the Viocity REIT board of Trustees. The terms for successful candidates will be from June 1st 2018 - May 31st 2019. Each newly elected Trustee will be eligible for re-election annually for as long as they remain qualified and eligible to be a Trustee.
Nominees must be current Investors in Viocity REIT. Nominees should have high ethical and integrity standards, characteristics typical of director or associate director, and relevant business and/or Real Estate experience. The Viocity REIT Trustees are charged with providing oversight for the REIT, including fiscal oversight, the approval of Investment strategies, approval of new asset acquisitions, and above all ensuring all decisions being made are of the best interest of all Investors / Unitholders.
To meet the needs of a broad and diverse board in a balanced and equitable way, the Board of Trustees is currently composed of 5 members. Based on additional needs the board can grow between 5 and 11 Trustees in any given year. The current board is comprised of:
3 independent voting members:
Elected members, each representing the best interests of all Investors / Unitholders.
Please feel free to contact us with any questions. Again, nominations should be sent to email@example.com. All nominations must be received by February 23rd, 2017.
Thank you for your participation in this important process, which is an essential part of our operations as a Real Estate Investment Trust.