A New Jersey Proxy Form — Corporate Resolutions is a legal document that allows individuals or entities to appoint a proxy to represent and vote on their behalf during a corporate meeting. This form is commonly used when shareholders or members of a corporation are unable to attend a meeting in person, but still wish to have their votes counted and opinions heard. The proxy form serves as written authorization and specifies the powers granted to the proxy, including voting rights, the ability to make decisions on behalf of the appointing party, and may also include instructions on how to vote on specific resolutions or issues. There are different types of New Jersey Proxy Form — Corporate Resolutions, each suited to different requirements or circumstances. Some of these types include: 1. General Proxy: This form grants the proxy broad powers to vote on any or all matters that may arise during a corporate meeting. It allows the proxy to exercise their judgment and make decisions on behalf of the appointing party. 2. Limited Proxy: Unlike a general proxy, a limited proxy restricts the powers granted to the proxy. It specifies particular matters or resolutions on which the proxy can cast votes. This type of proxy is typically used when the appointing party wants more control over specific decisions or does not wish to delegate all voting rights. 3. Proxy with Revocation Right: This form provides an option for the appointing party to revoke, alter, or amend the proxy at any time before the meeting. It allows flexibility and the ability to make changes in case of a change in circumstances or a change in opinion regarding certain resolutions. 4. Proxy with Expiration Date: This type of proxy has a specified expiration date, after which the proxy becomes invalid and cannot be used. It is often used when the appointing party wants to limit the period for which the proxy is valid and ensure that it cannot be used indefinitely. 5. Standby Proxy: A standby proxy is appointed as an alternative in case the primary proxy is unable to act or attend the meeting. It provides a contingency plan to ensure representation even if the primary proxy is unavailable. It is essential to carefully review and understand the terms and conditions stated in a New Jersey Proxy Form — Corporate Resolutions before signing or submitting it. Consider consulting legal counsel or reviewing corporate bylaws to ensure compliance with all applicable laws and regulations.
Para su conveniencia, debajo del texto en español le brindamos la versiĂ³n completa de este formulario en inglĂ©s. For your convenience, the complete English version of this form is attached below the Spanish version.