Delaware Pooling

State:
Multi-State
Control #:
US-OG-814
Format:
Word; 
Rich Text
Instant download

Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

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FAQ

Delaware is famous for its fair and flexible corporate laws and its case law, as dispensed by the most respected business court in the United States, the Delaware Court of Chancery.

Voting Rights Definition. Voting rights refer to the privilege of shareholders to participate in important company decisions by casting their votes, typically based on the number of shares they own, influencing the direction and policies of the company.

A business entity or trust would cast its vote by power of attorney, corporate resolution or affidavit authorizing a designated legal representative to vote on its behalf. A person voting on behalf of a business entity or trust would have to be a resident of Delaware.

(a) The corporation shall prepare, at least 10 days before every meeting of stockholders, a complete list of the stockholders entitled to vote at the meeting; provided, however, if the record date for determining the stockholders entitled to vote is less than 10 days before the meeting date, the list shall reflect the ...

Delaware C Corporations can raise capital through private sales to investors or may be listed to be publicly traded on a stock exchange (subject to securities regulations). Delaware LLCs can raise capital by selling shares to investors, but cannot be publicly traded on a stock exchange.

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Delaware Pooling