Where's option 4, "Yes, but far below our ask?"

I'm anticipating the Board to force out a substandard TA (in good faith, naturally) and force us to vote on it. If we want to prove that we really will hold out for industry standard, it's up to us to vote this first one down. (Thereby dragging this out months longer.)

Meanwhile the CO hopes that they've beaten us down enough so that people will vote "It's been too long already" and pass it by a 50.0000001% margin.