Alabama Voting Agreement between Clearworks Integration Services, United Computing Group, United Consulting Group, and Kevan Casey regarding sale of outstanding common stock

• Category: Corporations - Public - Voting Agreements
• State: Multi-State
• Control #: US-EG-9290
• Format: Word; Rich Text

Description

Voting Agreement between Clearworks Integration Services, Inc., United Computing Group, Inc., United Consulting Group, Inc. and Kevan Casey regarding sale of outstanding common stock dated December 30, 1999. 5 pages. The Alabama Voting Agreement is a legally binding document entered into by Clear works Integration Services, United Computing Group, United Consulting Group, and Kevin Casey in relation to the sale of outstanding common stock. This agreement outlines the terms and conditions that govern the voting rights and obligations of each party involved in the transaction. The purpose of the Alabama Voting Agreement is to ensure that all parties involved in the sale of outstanding common stock are aligned in their decisions and voting actions. It seeks to provide clarity, minimize conflicts, and promote a smooth and efficient process for the sale of shares. Under the Alabama Voting Agreement, the parties agree to vote in favor of the sale of outstanding common stock as proposed by the acquiring entity or any other party identified in the agreement. The agreement specifies the required majority or super majority thresholds for the approval of the sale, ensuring that decisions are made in the best interest of all shareholders. Additionally, the Alabama Voting Agreement may include provisions for restrictions on the transfer of shares, non-competition clauses, confidentiality obligations, and other covenants to protect the interests of the parties involved. There may be different types of Alabama Voting Agreements between Clear works Integration Services, United Computing Group, United Consulting Group, and Kevin Casey regarding the sale of outstanding common stock. Some possible types include: 1. Standard Alabama Voting Agreement: This is a typical agreement that covers the basic terms and conditions for the sale of outstanding common stock, including voting rights and obligations. 2. Super majority Alabama Voting Agreement: This type of agreement requires a higher majority threshold for the approval of the sale, typically aiming to protect minority shareholders and ensure their interests are adequately considered. 3. Reverse Alabama Voting Agreement: In this variation, the parties agree to vote against the sale of outstanding common stock unless certain conditions or requirements are met. This type of agreement is often used to safeguard specific interests or to ensure additional negotiations and considerations take place. 4. Conditional Alabama Voting Agreement: This agreement includes specific conditions that must be met before the voting obligations come into effect. For example, it may require the approval of certain regulatory bodies or the completion of due diligence procedures. In summary, the Alabama Voting Agreement between Clear works Integration Services, United Computing Group, United Consulting Group, and Kevin Casey regarding the sale of outstanding common stock is a comprehensive document that spells out the rights and obligations of all parties involved in the transaction. It aims to ensure a fair and efficient process for selling shares while protecting the interests of the shareholders.

The Alabama Voting Agreement is a legally binding document entered into by Clear works Integration Services, United Computing Group, United Consulting Group, and Kevin Casey in relation to the sale of outstanding common stock. This agreement outlines the terms and conditions that govern the voting rights and obligations of each party involved in the transaction. The purpose of the Alabama Voting Agreement is to ensure that all parties involved in the sale of outstanding common stock are aligned in their decisions and voting actions. It seeks to provide clarity, minimize conflicts, and promote a smooth and efficient process for the sale of shares. Under the Alabama Voting Agreement, the parties agree to vote in favor of the sale of outstanding common stock as proposed by the acquiring entity or any other party identified in the agreement. The agreement specifies the required majority or super majority thresholds for the approval of the sale, ensuring that decisions are made in the best interest of all shareholders. Additionally, the Alabama Voting Agreement may include provisions for restrictions on the transfer of shares, non-competition clauses, confidentiality obligations, and other covenants to protect the interests of the parties involved. There may be different types of Alabama Voting Agreements between Clear works Integration Services, United Computing Group, United Consulting Group, and Kevin Casey regarding the sale of outstanding common stock. Some possible types include: 1. Standard Alabama Voting Agreement: This is a typical agreement that covers the basic terms and conditions for the sale of outstanding common stock, including voting rights and obligations. 2. Super majority Alabama Voting Agreement: This type of agreement requires a higher majority threshold for the approval of the sale, typically aiming to protect minority shareholders and ensure their interests are adequately considered. 3. Reverse Alabama Voting Agreement: In this variation, the parties agree to vote against the sale of outstanding common stock unless certain conditions or requirements are met. This type of agreement is often used to safeguard specific interests or to ensure additional negotiations and considerations take place. 4. Conditional Alabama Voting Agreement: This agreement includes specific conditions that must be met before the voting obligations come into effect. For example, it may require the approval of certain regulatory bodies or the completion of due diligence procedures. In summary, the Alabama Voting Agreement between Clear works Integration Services, United Computing Group, United Consulting Group, and Kevin Casey regarding the sale of outstanding common stock is a comprehensive document that spells out the rights and obligations of all parties involved in the transaction. It aims to ensure a fair and efficient process for selling shares while protecting the interests of the shareholders.