Illinois Voting Agreement between ID Recap, Inc. and Steven R. Matzkin regarding exchange of shares of capital stock

• Category: Corporations - Public - Voting Agreements
• State: Multi-State
• Control #: US-EG-9335
• Format: Word; Rich Text

Description

Voting Agreement between ID Recap, Inc. and Steven R. Matzkin regarding exchange of shares of capital stock dated October 22, 1999. 6 pages. The Illinois Voting Agreement between ID Recap, Inc. and Steven R. Catkin is a legally binding document that outlines the exchange of shares of capital stock between the company and Mr. Catkin, emphasizing voting rights and responsibilities. This agreement ensures a clear understanding of the terms and conditions surrounding the transaction, protecting the interests of both parties involved. In this Voting Agreement, various pertinent keywords guide the document's scope and enforceability. These keywords include: 1. Illinois: As the agreement falls within the jurisdiction of Illinois, it is subject to the laws and regulations specific to this state. Adhering to the state's legal requirements ensures its validity. 2. Voting Agreement: The document establishes an agreement regarding voting rights associated with the exchange of shares. It outlines the procedures, restrictions, and obligations related to voting and decision-making processes. 3. ID Recap, Inc.: The agreement involves ID Recap, Inc., a company seeking to exchange its capital stock. The details of the company's shares, valuations, and other relevant information should be clearly specified. 4. Steven R. Catkin: Steven R. Catkin represents the counterparty in the agreement, involved in receiving or exchanging shares of capital stock with ID Recap, Inc. His rights, responsibilities, and obligations must be precisely defined. 5. Exchange of shares: The agreement specifically pertains to the transaction involving the exchange of shares. The terms of this exchange, such as share valuation, quantity, and timing, should be listed clearly and comprehensively. 6. Capital stock: The agreement focuses on the exchange of capital stock, which represents ownership interest in the company. The terms of the agreement should detail the class, type, and number of shares involved in the transaction. Possible types of the Illinois Voting Agreement between ID Recap, Inc. and Steven R. Catkin regarding the exchange of shares of capital stock might include: 1. Traditional Exchange Voting Agreement: This type of agreement outlines a straightforward exchange of shares between ID Recap, Inc. and Steven R. Catkin, with clear terms and conditions governing the transfer of ownership and voting rights. 2. Vesting Agreement: This agreement might detail a phased exchange of shares, where the transfer occurs gradually over a defined period. It would highlight specific milestones or performance targets that determine the release of shares to ensure mutual interests are protected. 3. Stock Option Agreement: In this variety of the Illinois Voting Agreement, ID Recap, Inc. may grant Steven R. Catkin the option to purchase or exchange shares at a predetermined price within a specified time frame. These variations illustrate that the Illinois Voting Agreement between ID Recap, Inc. and Steven R. Catkin can take different forms based on the unique circumstances and objectives of the parties involved. It is essential to consult legal professionals to ensure the agreement accurately reflects the intentions of both parties and complies with relevant laws and regulations.

The Illinois Voting Agreement between ID Recap, Inc. and Steven R. Catkin is a legally binding document that outlines the exchange of shares of capital stock between the company and Mr. Catkin, emphasizing voting rights and responsibilities. This agreement ensures a clear understanding of the terms and conditions surrounding the transaction, protecting the interests of both parties involved. In this Voting Agreement, various pertinent keywords guide the document's scope and enforceability. These keywords include: 1. Illinois: As the agreement falls within the jurisdiction of Illinois, it is subject to the laws and regulations specific to this state. Adhering to the state's legal requirements ensures its validity. 2. Voting Agreement: The document establishes an agreement regarding voting rights associated with the exchange of shares. It outlines the procedures, restrictions, and obligations related to voting and decision-making processes. 3. ID Recap, Inc.: The agreement involves ID Recap, Inc., a company seeking to exchange its capital stock. The details of the company's shares, valuations, and other relevant information should be clearly specified. 4. Steven R. Catkin: Steven R. Catkin represents the counterparty in the agreement, involved in receiving or exchanging shares of capital stock with ID Recap, Inc. His rights, responsibilities, and obligations must be precisely defined. 5. Exchange of shares: The agreement specifically pertains to the transaction involving the exchange of shares. The terms of this exchange, such as share valuation, quantity, and timing, should be listed clearly and comprehensively. 6. Capital stock: The agreement focuses on the exchange of capital stock, which represents ownership interest in the company. The terms of the agreement should detail the class, type, and number of shares involved in the transaction. Possible types of the Illinois Voting Agreement between ID Recap, Inc. and Steven R. Catkin regarding the exchange of shares of capital stock might include: 1. Traditional Exchange Voting Agreement: This type of agreement outlines a straightforward exchange of shares between ID Recap, Inc. and Steven R. Catkin, with clear terms and conditions governing the transfer of ownership and voting rights. 2. Vesting Agreement: This agreement might detail a phased exchange of shares, where the transfer occurs gradually over a defined period. It would highlight specific milestones or performance targets that determine the release of shares to ensure mutual interests are protected. 3. Stock Option Agreement: In this variety of the Illinois Voting Agreement, ID Recap, Inc. may grant Steven R. Catkin the option to purchase or exchange shares at a predetermined price within a specified time frame. These variations illustrate that the Illinois Voting Agreement between ID Recap, Inc. and Steven R. Catkin can take different forms based on the unique circumstances and objectives of the parties involved. It is essential to consult legal professionals to ensure the agreement accurately reflects the intentions of both parties and complies with relevant laws and regulations.