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This was posted by a Reddit admin today. Notable for this section, which asks any moderators who do not agree with a sub going private to report this to admins. The implication is that reddit would make those mods the head moderators.

> We also want to reiterate that we respect your decisions to do what’s best for your community, and will do what we can to ensure you're safe while doing so. However, we do expect that these decisions have been made through consensus, and not via unilateral action. We ask that you strive to ensure that your moderator team is aligned on community decision-making – regardless of what decisions are being made. If you believe that your community or another community is being subject to decisions made by a sole moderator without buy-in from the broader mod team, you can let us know via the Moderator Code of Conduct form above.

All that's missing is a bribe. Those loyal to the reddit cause will be rewarded!