Voting Proxy Agreement With Mexico

• Category: Corporations - Public - Voting Agreements
• State: Multi-State
• Control #: US-EG-9182
• Format: Word; Rich Text

Description

The Voting Proxy Agreement with Mexico is a formal contract aimed at facilitating the voting process for stockholders in corporate mergers, specifically involving Cenex Harvest States Cooperatives and Sparta Foods, Inc. Key features of the agreement include the stipulation that the stockholder must vote in favor of the merger and against competing transactions, along with the assignment of an irrevocable proxy that empowers the buyer to vote the stockholder's shares as necessary. To fill out this form, users must provide their name, the applicable number of shares, and ensure all sections detailing voting conditions and transfers are completed accurately. The agreement is essential for ensuring a smooth transition during the merger process and secures the buyer's interests. It explicitly prohibits the transfer of shares prior to the merger, further solidifying the stockholder's commitments. Use cases for legal professionals include preparing the document for clients involved in mergers or acquisitions to ensure compliance and protect client interests during negotiations. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form particularly useful for maintaining organized records and clear communication between parties.