What are the Eligibility Requirements to Join DowPAC?

Federal law in the United States prohibits corporate political action committees from soliciting membership of anyone other than managers, administrators and professional employees – and employee or retiree stockholders. If these requirements do not refer to you, please do not consider this to be a solicitation.

  1. Membership in DowPAC is totally voluntary and encouraged broadly among employees of The Dow Chemical Company.
  2. Participants in DowPAC must be U.S. citizens or legal aliens holding Alien Registration Receipt Cards (green cards).
  3. Federal election law strictly defines who is eligible to be solicited for membership in political action committees. Under the Federal Election Campaign Act, "A corporation...may solicit its restricted class at any time. The restricted class of a corporation consists of:

    Executive and Administrative Personnel – Who is included?

    Executive and administrative personnel include employees who are paid on a salary (rather than hourly) basis and who have policymaking, managerial, professional or supervisory responsibilities.*

    Executive and Administrative Personnel – Who is NOT included?

    • Professional employees represented by a labor union.
    • Lawyers, consultants and other personnel employed by firms retained by the corporation and who are not employees of the corporation.
    • Members of the board of directors who are not also executive and administrative personnel and who receive no compensation.
    • Salaried foremen and others who supervise hourly employees.
    • Former or retired personnel*

    Stockholders – Who is included?

    In order to be considered a solicitable stockholder, a person must have:

    • A vested beneficial interest in the stock;
    • The power to direct how the stock will be voted, if it is voting stock; and
    • The right to receive dividends.*

Individuals who participate in an Employee Stock Ownership Plan (ESOP) are solicitable as stockholders, as long as they have the rights listed in the previous paragraph. In cases where participants' dividends are automatically reinvested under the ESOP, participants are solicitable only if they actually withdraw stock or have a generally unrestricted option to withdraw stock.*

NOTE: Members who contribute via payroll deduction will hold continuous membership until such payroll deduction is canceled. Members who contribute occasionally by personal check or money order will be active for the year in which the contribution is made.

* Source: 1994 Campaign Guide for Corporations and Labor Organizations, Federal Election Commission (FEC), p. 14-15