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

State:
Multi-State
Control #:
US-EG-9335
Format:
Word; 
Rich Text
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Description

Voting Agreement between ID Recap, Inc. and Steven R. Matzkin regarding exchange of shares of capital stock dated October 22, 1999. 6 pages. Keywords: Maryland Voting Agreement, ID Recap, Inc., Steven R. Catkin, exchange of shares of capital stock. In Maryland, a Voting Agreement is a legal document that regulates the voting rights of shareholders in a corporation. Specifically, this detailed description will focus on the Voting Agreement between ID Recap, Inc., and Steven R. Catkin concerning the exchange of shares of capital stock. The Maryland Voting Agreement serves as a contractual agreement between ID Recap, Inc. and Steven R. Catkin, outlining the terms and conditions pertaining to the exchange of shares of capital stock. This agreement ensures that both parties involved have a clear understanding of their rights and obligations regarding the voting power associated with their shares. There might be different types of Maryland Voting Agreements between ID Recap, Inc. and Steven R. Catkin regarding the exchange of shares of capital stock. These variations can include: 1. Majority Voting Agreement: This type of agreement requires a majority vote from the shareholders involved in the exchange of shares of capital stock. It ensures that the majority shareholder(s) have the power to make decisions on behalf of the company. 2. Unanimous Voting Agreement: In this scenario, all shareholders must agree on the exchange of shares of capital stock. Every shareholder holds equal power in the decision-making process. 3. Proportional Voting Agreement: This type of agreement divides the voting power among shareholders based on the number of shares they hold. The voting power is proportional to the shares, and decisions are made accordingly. 4. Limited Voting Agreement: This agreement restricts shareholders' voting power solely to specific matters outlined within the agreement. Shareholders can only vote on those predetermined matters and not on any other issues concerning the company. Regardless of the type of Maryland Voting Agreement, it is crucial that ID Recap, Inc. and Steven R. Catkin consult with legal professionals to ensure compliance with state laws and to protect their respective interests. This agreement plays a pivotal role in shaping the governance and decision-making structure of the corporation, safeguarding shareholders' rights and determining the overall direction of the company's future growth.

Keywords: Maryland Voting Agreement, ID Recap, Inc., Steven R. Catkin, exchange of shares of capital stock. In Maryland, a Voting Agreement is a legal document that regulates the voting rights of shareholders in a corporation. Specifically, this detailed description will focus on the Voting Agreement between ID Recap, Inc., and Steven R. Catkin concerning the exchange of shares of capital stock. The Maryland Voting Agreement serves as a contractual agreement between ID Recap, Inc. and Steven R. Catkin, outlining the terms and conditions pertaining to the exchange of shares of capital stock. This agreement ensures that both parties involved have a clear understanding of their rights and obligations regarding the voting power associated with their shares. There might be different types of Maryland Voting Agreements between ID Recap, Inc. and Steven R. Catkin regarding the exchange of shares of capital stock. These variations can include: 1. Majority Voting Agreement: This type of agreement requires a majority vote from the shareholders involved in the exchange of shares of capital stock. It ensures that the majority shareholder(s) have the power to make decisions on behalf of the company. 2. Unanimous Voting Agreement: In this scenario, all shareholders must agree on the exchange of shares of capital stock. Every shareholder holds equal power in the decision-making process. 3. Proportional Voting Agreement: This type of agreement divides the voting power among shareholders based on the number of shares they hold. The voting power is proportional to the shares, and decisions are made accordingly. 4. Limited Voting Agreement: This agreement restricts shareholders' voting power solely to specific matters outlined within the agreement. Shareholders can only vote on those predetermined matters and not on any other issues concerning the company. Regardless of the type of Maryland Voting Agreement, it is crucial that ID Recap, Inc. and Steven R. Catkin consult with legal professionals to ensure compliance with state laws and to protect their respective interests. This agreement plays a pivotal role in shaping the governance and decision-making structure of the corporation, safeguarding shareholders' rights and determining the overall direction of the company's future growth.

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