Form with which a shareholder who has granted another the right to vote on his/her behalf may revoke the granting of that right.
Nevada Revocation of Proxy refers to a legal document that allows a person or entity to cancel or revoke a previously granted proxy. The proxy is a legal authorization given by a shareholder to another person to vote on their behalf at a corporate meeting. In the context of corporate resolutions, the Nevada Revocation of Proxy is specifically related to actions taken by corporations registered in Nevada. This document is crucial when a shareholder wishes to withdraw their authorization for someone else to vote on their behalf. It is often utilized when the shareholder's circumstance or opinion has changed, or they want to attend the corporate meeting and vote personally. By submitting a Nevada Revocation of Proxy, the shareholder effectively cancels the proxy previously granted and retains the right to vote at the meeting. Like other legal documents, the Nevada Revocation of Proxy — Corporate Resolutions contains specific information to ensure its validity. It typically includes the name of the corporation, details of the shareholder (such as name, address, and contact information), the date the proxy was initially granted, the date of the revocation, and a statement declaring the cancellation of the proxy authorization. There may be variations of the Nevada Revocation of Proxy — Corporate Resolutions depending on the specific circumstances or usage. For example, a specific type could be the Nevada Revocation of Proxy — Special Corporate Resolutions, which refers to the cancellation of proxy authorization for a specific resolution or proposal during a corporate meeting. This type allows the shareholder to revoke the proxy only for a particular agenda item while maintaining the proxy's validity for other matters. Another variant may be the Nevada Revocation of Proxy — General Corporate Resolutions, which allows the shareholder to cancel the proxy authorization entirely for all resolutions and proposals during the corporate meeting. This type provides a blanket revocation, giving the shareholder complete control over their votes and the ability to attend the meeting in person. In summary, the Nevada Revocation of Proxy — Corporate Resolutions is a legal document utilized by shareholders of Nevada-registered corporations to cancel a previously granted proxy authorization. It allows the shareholders to retain their right to vote personally at the meeting and is customized to meet the specific requirements of different situations, including variations such as the Nevada Revocation of Proxy — Special Corporate Resolutions and Nevada Revocation of Proxy — General Corporate Resolutions.
