Ayala Pharmaceuticals Inc (ADXS)

[ignatiusrielly35]

I will vote against Proposal 2. Too greedy on the Executive Incentive Program with authorized shares (or options) at an automatic 2.5 million share increase per year (minimum). Plus, it is cumulative, so any shares not granted in a year rollover and get increased by at least 2.5 million the following year, and so on. Finally, the proposal includes authorizing RSU's, unrestricted shares, and share appreciation units (SARs). Absolutely not. Under no circumstances would I vote for that. Options only, and they'd better be at market and reasonable in number if/when they are granted. Enough of this crappola already.

Proposal 3 I will vote "for." It simply ratifies the 2015 options grants after-the-fact. It effectively makes the New Jersey lawsuit go away, and good luck ever undoing those grants anyway.