The Nebraska Voting Agreement between ID Recap, Inc. and Steven R. Catkin is a legally binding contract that outlines the terms and conditions related to the exchange of shares of capital stock between the two parties. This agreement serves as a key document in ensuring a smooth and transparent transfer of ownership within Nebraska's corporate laws and guidelines. Under the Nebraska Voting Agreement, ID Recap, Inc. and Steven R. Catkin agree to exchange a specific number of shares of capital stock. The agreement specifies the number of shares, their respective classes, and any other relevant details pertaining to the ownership transfer. This ensures clarity and provides a solid foundation for future decision-making processes related to the shares. The purpose of this agreement is to formalize the understanding between ID Recap, Inc. and Steven R. Catkin regarding the exchange of shares. It helps establish the rights and responsibilities of both parties, ensuring that each party's interests are protected and upheld according to the laws of Nebraska. In addition to the standard Nebraska Voting Agreement, there may be variations such as: 1. Nebraska Voting Agreement with Restrictions: This type of agreement outlines additional limitations and conditions on the shares being exchanged. It may include provisions such as transfer restrictions, voting restrictions, or obligations related to the future disposition of the shares. 2. Nebraska Voting Agreement with Veto Rights: This agreement grants Steven R. Catkin certain veto rights over specified actions or decisions related to the shares of capital stock being exchanged. This ensures that Catkin retains a level of control and influence over important matters, even after the transfer of ownership. 3. Nebraska Voting Agreement with Buyback Option: In some cases, the agreement may include a buyback option, allowing either party to repurchase the shares at a predetermined price or under certain conditions. This serves as a safeguard in case of future changes in circumstances or business needs. 4. Nebraska Voting Agreement with Board Representation: This type of agreement grants Steven R. Catkin the right to appoint a representative to the board of directors of ID Recap, Inc. This ensures that Catkin can actively participate in the decision-making processes and have a say in the company's strategic direction. It is crucial for both ID Recap, Inc. and Steven R. Catkin to carefully review and negotiate the terms of the Nebraska Voting Agreement to ensure that all parties involved are satisfied and adequately protected. Seeking legal counsel is advisable to ensure compliance with Nebraska's corporate laws and regulations and to avoid any potential disputes or misunderstandings in the future.