1:35:09
A motion has been brought
before the board...
1:35:12
to invoke Article 19
of the corporate charter.
1:35:15
ln English, please.
1:35:21
Mandatory retirement
on our chairman's 65th birthday,
1:35:26
at which time the chairman
will be named emeritus.
1:35:28
You're welcome to attend
all meetings...
1:35:31
and will serve as international
spokesman for the corporation.
1:35:34
Plus, of course, a settlement,
1:35:37
a golden parachute
of such magnitude that his feet
will never touch the ground.
1:35:42
Please indicate your vote
by a yes or no.
1:35:46
- Yes.
- Yes.
- Yes.
1:35:49
Yes.
1:35:55
- No.
- No.
1:36:00
Motion's passed.
1:36:06
We will, of course,
delay the announcement out of respect
for our former chairman...
1:36:10
until after the celebration
of his birthday this weekend.
1:36:14
Well, thanks for allowing me
to save face, Drew.
1:36:18
The other motion before us is the
acceptance of John Bontecou's offer...
1:36:21
to merge this corporation
with Bontecou lnternational.
1:36:40
Okay. Joe?
1:36:54
Who l am...
1:36:56
and what my relationship is
to William Parrish...