Kentucky Voting Agreement between ID Recap, Inc. and Steven R. Matzkin regarding exchange of shares of capital stock
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FAQ
A voting trust agreement is a contractual agreement that records the transfer of shares from a shareholder to a trustee. The agreement gives the trustee temporary control of the voting powers of the shareholders.
A shareholders' agreement is a legally binding contract entered between all or some of the shareholders in a company that regulates their rights and obligations and puts in place a framework of how the company should be managed.
Voting Agreements If the agreement is validly executed, any party to the agreement can sue for specific performance of the agreement if another party refuses to abide by the agreement.
A voting trust can be revocable or irrevocable; typically they are irrevocable for a period of years, or for life of the key person, or until the company is sold. But any other arrangement that suits the objectives and is within the law can be made as well.
A voting trust is a contract between shareholders in which their shares and voting rights are temporarily transferred to a trustee. A voting agreement is a contract in which shareholders agree to vote a certain way on specific issues without giving up their shares or voting rights.
A Voting Agreement is an agreement between stockholders of a company, often entered into in connection with a preferred stock financing, which dictates how the parties to the agreement will vote on particular matters.