If shareholders push back and this NST deal doesn't go through I think Victor and Co should do the right thing and resign.
They've supported an opportunistic deal by NST so their performance shares would vest in time, that's very clear and to be honest, I can't blame them, I'd probably do the same.
But if shareholders (the OWNERS of the company) make their wishes clear and vote down the board's 33c deal then clearly the owners objectives aren't aligned with the objectives of the board, they should resign.
EAR Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held