PAR Technology Corporation (NYSE:PAR) Files An 8-K Submission of Matters to a Vote of Security Holders

PAR Technology Corporation (NYSE:PAR) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07Submission of Matters to a Vote of Security Holders.

The 2018 Annual Meeting of Stockholders of PAR Technology Corporation (the “Company”) was held on Friday, June 8, 2018 (the “Annual Meeting”). The final results of the stockholders’ vote on each of the proposals presented for a vote is as follows:

Proposal 1 — Election of Directors

The six (6) nominees for election to the Company’s Board of Directors were elected to serve until the 2019 Annual Meeting of Stockholders and until his or her successor is duly elected and qualified or, earlier, until his or her death, resignation, or removal, based upon the following votes:

Director Nominee

Votes For

Votes Withheld

Broker Non-Votes

Dr. Donald H. Foley

9,397,153

682,474

4,199,396

Douglas G. Rauch

10,051,742

27,885

4,199,396

Cynthia A. Russo

10,030,128

49,500

4,199,396

Dr. John W. Sammon

9,347,914

731,713

4,199,396

Savneet Singh

10,032,640

46,987

4,199,396

James C. Stoffel

10,048,473

31,154

4,199,396

Proposal 2 — Non-binding Advisory Vote Regarding the Compensation of Named Executive Officers

The proposal to approve, on a non-binding, advisory basis, the compensation paid to the Company’s Named Executive Officers as disclosed in the Company's proxy statement was approved based upon the following votes:

For

Against

Abstained

Broker Non-Votes

8,614,250

1,057,565

407,812

4,199,396

Proposal 3 — Ratification of the Appointment of BDO USA, LLP as the Company's Independent Auditors for its fiscal year ending December 31, 2018

The ratification of the appointment of BDO USA, LLP as the Company's independent auditors for its fiscal year ending December 31, 2018 as disclosed in the Company's proxy statement was approved based upon the following votes:

For

Against

Abstained

Broker Non-Votes

14,249,283

27,503

2,237


About PAR Technology Corporation (NYSE:PAR)

PAR Technology Corporation (PAR) is a provider of systems and service solutions for the hospitality industry. The Company operates through two segments: Hospitality and Government. The solutions for the restaurant industry integrate software applications, hardware platforms, software delivery, and installation and lifecycle support services. PAR’s software offerings for the Restaurant market include front-of-store point-of-sale (POS) software applications, and enterprise software applications for content management and business intelligence. PAR’s hardware offerings for the restaurant market include POS terminals, kitchen systems utilizing printers and/or video monitors, and a range of food safety monitoring and task management hardware and software solutions. PAR’s Government business provides a range of technical services for the Department of Defense (DoD) and federal agencies. The Government segment focuses on serving intelligence, surveillance and reconnaissance (ISR) customers.

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