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.
Title: Understanding the Illinois Voting Agreement between Clear works Integration Services, United Computing Group, United Consulting Group, and Kevin Casey Keywords: Illinois Voting Agreement, Clear works Integration Services, United Computing Group, United Consulting Group, Kevin Casey, sale of outstanding common stock Introduction: The Illinois Voting Agreement is a legally binding document that outlines the terms and conditions agreed upon by Clear works Integration Services, United Computing Group, United Consulting Group, and Kevin Casey regarding the sale of outstanding common stock. This agreement serves to regulate the voting rights, responsibilities, and obligations of the parties involved. Let's delve into the details of this agreement and explore different types, if applicable. Key Terms and Provisions: 1. Sale of Outstanding Common Stock: The Illinois Voting Agreement focuses on the arrangements for the sale of existing common stock held by Clear works Integration Services, United Computing Group, United Consulting Group, and Kevin Casey. It outlines the terms, conditions, and procedures for the execution of the stock sale. 2. Voting Rights: The agreement specifies the voting rights assigned to each party concerning matters related to the sale of outstanding common stock. It outlines the procedures for casting votes during meetings and details any specific voting thresholds required for decision-making. 3. Responsibilities and Obligations: The Illinois Voting Agreement establishes the overall responsibilities and obligations of Clear works Integration Services, United Computing Group, United Consulting Group, and Kevin Casey in relation to the stock sale. This includes duties such as providing accurate and timely information and adhering to any regulatory requirements. 4. Confidentiality: The agreement may include provisions related to confidential information, protecting sensitive data exchanged between the parties. Such clauses ensure that proprietary information remains secure and can only be disclosed under specific circumstances agreed upon in the agreement. Types of Illinois Voting Agreement: 1. Basic Illinois Voting Agreement: This is the most common type of voting agreement between Clear works Integration Services, United Computing Group, United Consulting Group, and Kevin Casey. It focuses solely on the sale of outstanding common stock and addresses key provisions such as voting rights, responsibilities, and obligations. 2. Enhanced Illinois Voting Agreement: In some cases, if additional complexities arise, an enhanced version of the agreement may be required. This version includes additional clauses and provisions tailored to specific circumstances, such as contingent considerations, earn-outs, or anti-dilution provisions. Conclusion: The Illinois Voting Agreement is a crucial document that ensures the clear delineation of rights, responsibilities, and obligations among Clear works Integration Services, United Computing Group, United Consulting Group, and Kevin Casey during the sale of outstanding common stock. By adhering to the terms outlined in the agreement, all parties involved can navigate the transaction smoothly and transparently.
Title: Understanding the Illinois Voting Agreement between Clear works Integration Services, United Computing Group, United Consulting Group, and Kevin Casey Keywords: Illinois Voting Agreement, Clear works Integration Services, United Computing Group, United Consulting Group, Kevin Casey, sale of outstanding common stock Introduction: The Illinois Voting Agreement is a legally binding document that outlines the terms and conditions agreed upon by Clear works Integration Services, United Computing Group, United Consulting Group, and Kevin Casey regarding the sale of outstanding common stock. This agreement serves to regulate the voting rights, responsibilities, and obligations of the parties involved. Let's delve into the details of this agreement and explore different types, if applicable. Key Terms and Provisions: 1. Sale of Outstanding Common Stock: The Illinois Voting Agreement focuses on the arrangements for the sale of existing common stock held by Clear works Integration Services, United Computing Group, United Consulting Group, and Kevin Casey. It outlines the terms, conditions, and procedures for the execution of the stock sale. 2. Voting Rights: The agreement specifies the voting rights assigned to each party concerning matters related to the sale of outstanding common stock. It outlines the procedures for casting votes during meetings and details any specific voting thresholds required for decision-making. 3. Responsibilities and Obligations: The Illinois Voting Agreement establishes the overall responsibilities and obligations of Clear works Integration Services, United Computing Group, United Consulting Group, and Kevin Casey in relation to the stock sale. This includes duties such as providing accurate and timely information and adhering to any regulatory requirements. 4. Confidentiality: The agreement may include provisions related to confidential information, protecting sensitive data exchanged between the parties. Such clauses ensure that proprietary information remains secure and can only be disclosed under specific circumstances agreed upon in the agreement. Types of Illinois Voting Agreement: 1. Basic Illinois Voting Agreement: This is the most common type of voting agreement between Clear works Integration Services, United Computing Group, United Consulting Group, and Kevin Casey. It focuses solely on the sale of outstanding common stock and addresses key provisions such as voting rights, responsibilities, and obligations. 2. Enhanced Illinois Voting Agreement: In some cases, if additional complexities arise, an enhanced version of the agreement may be required. This version includes additional clauses and provisions tailored to specific circumstances, such as contingent considerations, earn-outs, or anti-dilution provisions. Conclusion: The Illinois Voting Agreement is a crucial document that ensures the clear delineation of rights, responsibilities, and obligations among Clear works Integration Services, United Computing Group, United Consulting Group, and Kevin Casey during the sale of outstanding common stock. By adhering to the terms outlined in the agreement, all parties involved can navigate the transaction smoothly and transparently.