Rarely do shareholders at any company vote down management proposals.

That swap has been an element of previous management proposals.

Also at issue were management proposals for pay increases of 4 percent and 2 percent over the next two years.

And they want the associated traffic management proposals included as part of the scheme.

Instead, a special meeting is to be held today on a management proposal to end the 20 percent cut of the profits, but with a catch.

A vote was taken on 30 September by union members to decide if the management proposals would be accepted.

"The management proposal would have been turned down overwhelmingly, by 80 to 20."

The management proposal would hit seven teams with its $102 million threshold.

The original management proposals were also changed out of recognition.

That would be $90 a share, compared with $75 a share in the management proposal.