Monogram Residential Trust, Inc. Extends Agreement with Snow Park Capital Partners, LP
MONOGRAM RESIDENTIAL TRUST INC (MORE)
Last monogram residential trust inc earnings: 8/3 04:50 pm
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US:NYSE Investor Relations:
sec.gov/archives/edgar/data/1384710/000110465917043315/a17-16036_1ex99d1.htm
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Source: PR Newswire
PLANO, Texas, March 9, 2017 /PRNewswire/ -- Monogram Residential Trust, Inc. (NYSE: MORE) ("Monogram" or the "Company"), an owner, operator and developer of luxury apartment communities with a significant presence in select coastal markets across the United States, today announced that it has extended its agreement with Snow Park Capital Partners, LP ("Snow Park"). Under the terms of the agreement, Monogram will reappoint R. Scot Sellers to serve as an advisor to its Board of Directors (the "Board") upon the expiration of his current term on June 30, 2017. Mr. Sellers will continue to attend Monogram Board meetings as a non-voting advisor subject to the terms of the agreement until the earlier of June 30, 2018 or the appointment to the Board of an independent director mutually agreed upon by Snow Park and the Company.In connection with the agreement, Snow Park has agreed, among other things, to vote its shares in favor of each of the Monogram Board's nominees at the Company's 2017 a
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