Form with which a shareholder who has granted another the right to vote on his/her behalf may revoke the granting of that right.
Delaware Revocation of Proxy — Corporate Resolutions refers to a legal document used in the State of Delaware that allows a shareholder to revoke a previously granted proxy to vote on behalf of another individual or entity. A proxy is a document that gives someone the authority to represent and vote on behalf of a shareholder during corporate meetings. However, there may be instances when a shareholder decides to revoke the proxy due to various reasons, such as a change in opinion or availability to attend the meeting personally. The Delaware Revocation of Proxy — Corporate Resolutions typically includes the following key elements: 1. Title: The document is usually titled "Delaware Revocation of Proxy — Corporate Resolutions" or something similar to clearly indicate its purpose. 2. Identification: The revocation should identify the original proxy by including details such as the shareholder's name, the proxy holder's name, and the date the proxy was originally granted. 3. Effective Date: The revocation must clearly state the date on which it becomes effective. It is important to note that the revocation cannot be retroactive and will only apply to future proceedings. 4. Signature: The shareholder must sign the revocation to authenticate its validity. The document may require a witness or notary public to acknowledge the signature. 5. Delivery: The revocation must be delivered to the proxy holder, typically by registered mail or in person, to ensure that the proxy holder is aware of the revocation in a timely manner. Different types of Delaware Revocation of Proxy — Corporate Resolutions may exist to cater to specific scenarios or requirements: 1. General Revocation: This is the most common type of revocation and is used when a shareholder wants to revoke a proxy without any specific conditions or limitations. 2. Conditional Revocation: In certain cases, a shareholder may want to revoke a proxy only under specific conditions, such as if a particular issue is added to the meeting's agenda or if the proxy holder fails to vote in a certain manner. 3. Special Meeting Revocation: This type of revocation is used when a shareholder wants to revoke a proxy specifically for a special meeting, which is a meeting called for a specific purpose outside the regular annual general meeting. Overall, the Delaware Revocation of Proxy — Corporate Resolutions provides a legal mechanism for shareholders to revoke their previous authorization given to proxy holders, ensuring their right to personally attend and vote on corporate matters.
Delaware Revocation of Proxy — Corporate Resolutions refers to a legal document used in the State of Delaware that allows a shareholder to revoke a previously granted proxy to vote on behalf of another individual or entity. A proxy is a document that gives someone the authority to represent and vote on behalf of a shareholder during corporate meetings. However, there may be instances when a shareholder decides to revoke the proxy due to various reasons, such as a change in opinion or availability to attend the meeting personally. The Delaware Revocation of Proxy — Corporate Resolutions typically includes the following key elements: 1. Title: The document is usually titled "Delaware Revocation of Proxy — Corporate Resolutions" or something similar to clearly indicate its purpose. 2. Identification: The revocation should identify the original proxy by including details such as the shareholder's name, the proxy holder's name, and the date the proxy was originally granted. 3. Effective Date: The revocation must clearly state the date on which it becomes effective. It is important to note that the revocation cannot be retroactive and will only apply to future proceedings. 4. Signature: The shareholder must sign the revocation to authenticate its validity. The document may require a witness or notary public to acknowledge the signature. 5. Delivery: The revocation must be delivered to the proxy holder, typically by registered mail or in person, to ensure that the proxy holder is aware of the revocation in a timely manner. Different types of Delaware Revocation of Proxy — Corporate Resolutions may exist to cater to specific scenarios or requirements: 1. General Revocation: This is the most common type of revocation and is used when a shareholder wants to revoke a proxy without any specific conditions or limitations. 2. Conditional Revocation: In certain cases, a shareholder may want to revoke a proxy only under specific conditions, such as if a particular issue is added to the meeting's agenda or if the proxy holder fails to vote in a certain manner. 3. Special Meeting Revocation: This type of revocation is used when a shareholder wants to revoke a proxy specifically for a special meeting, which is a meeting called for a specific purpose outside the regular annual general meeting. Overall, the Delaware Revocation of Proxy — Corporate Resolutions provides a legal mechanism for shareholders to revoke their previous authorization given to proxy holders, ensuring their right to personally attend and vote on corporate matters.
