Ohio 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. Ohio Voting Agreement between ID Recap, Inc. and Steven R. Catkin Keywords: Ohio Voting Agreement, ID Recap, Inc., Steven R. Catkin, exchange of shares, capital stock Introduction: The Ohio Voting Agreement between ID Recap, Inc. and Steven R. Catkin outlines the terms and conditions regarding the exchange of shares of capital stock. This comprehensive agreement provides a legal framework that both parties must adhere to while conducting the share exchange. Below, we will delve into the details of this voting agreement and highlight any alternative types that may exist. Key Provisions: 1. Definitions: The agreement begins by defining important terms such as "Party" (referring to ID Recap, Inc. and Steven R. Catkin), "Shares" (referring to the capital stock being exchanged), and "Transfer Agent" (the authorized entity responsible for processing share transfers). 2. Exchange of Shares: This section outlines the process and requirements for the exchange of shares between ID Recap, Inc. and Steven R. Catkin. It details the specific number of shares, their respective classes, and any considerations or restrictions associated with the exchange. 3. Voting Rights: The voting rights section clarifies how shared ownership affects decision-making and voting during corporate matters. It determines the allocation of voting rights and specifies any limitations or conditions applicable to each party. 4. Board Representation: In some cases, parties may negotiate board representation as part of the share exchange. This section explains the terms and conditions for appointing representatives from ID Recap, Inc. and Steven R. Catkin to the board of directors. 6. Termination: The agreement includes provisions for termination, outlining the circumstances under which either party may terminate the voting agreement. It specifies the required notice period and any obligations that persist even after termination. Types of Ohio Voting Agreements: While the specific types of Ohio Voting Agreements between ID Recap, Inc. and Steven R. Catkin regarding the exchange of shares may vary based on their unique circumstances and negotiations, the following alternative agreements may be explored: 1. Exclusive Voting Agreement: This agreement ensures that both ID Recap, Inc. and Steven R. Catkin exclusively vote in favor of specific corporate resolutions, ensuring their mutual interests are aligned. 2. Reverse Voting Agreement: In a reverse voting agreement, the parties may agree to vote against specific resolutions or actions in order to protect their respective interests or take a stance on particular matters. Conclusion: The Ohio Voting Agreement between ID Recap, Inc. and Steven R. Catkin serves as a crucial legal document governing the exchange of shares of capital stock. By clearly defining the terms and conditions surrounding the share exchange, voting rights, board representation, and termination, this agreement provides clarity and protection for both parties involved. In the context of alternative types, an exclusive voting agreement and a reverse voting agreement serve as potential variations that may be considered based on the needs and preferences of ID Recap, Inc. and Steven R. Catkin.

Ohio Voting Agreement between ID Recap, Inc. and Steven R. Catkin Keywords: Ohio Voting Agreement, ID Recap, Inc., Steven R. Catkin, exchange of shares, capital stock Introduction: The Ohio Voting Agreement between ID Recap, Inc. and Steven R. Catkin outlines the terms and conditions regarding the exchange of shares of capital stock. This comprehensive agreement provides a legal framework that both parties must adhere to while conducting the share exchange. Below, we will delve into the details of this voting agreement and highlight any alternative types that may exist. Key Provisions: 1. Definitions: The agreement begins by defining important terms such as "Party" (referring to ID Recap, Inc. and Steven R. Catkin), "Shares" (referring to the capital stock being exchanged), and "Transfer Agent" (the authorized entity responsible for processing share transfers). 2. Exchange of Shares: This section outlines the process and requirements for the exchange of shares between ID Recap, Inc. and Steven R. Catkin. It details the specific number of shares, their respective classes, and any considerations or restrictions associated with the exchange. 3. Voting Rights: The voting rights section clarifies how shared ownership affects decision-making and voting during corporate matters. It determines the allocation of voting rights and specifies any limitations or conditions applicable to each party. 4. Board Representation: In some cases, parties may negotiate board representation as part of the share exchange. This section explains the terms and conditions for appointing representatives from ID Recap, Inc. and Steven R. Catkin to the board of directors. 6. Termination: The agreement includes provisions for termination, outlining the circumstances under which either party may terminate the voting agreement. It specifies the required notice period and any obligations that persist even after termination. Types of Ohio Voting Agreements: While the specific types of Ohio Voting Agreements between ID Recap, Inc. and Steven R. Catkin regarding the exchange of shares may vary based on their unique circumstances and negotiations, the following alternative agreements may be explored: 1. Exclusive Voting Agreement: This agreement ensures that both ID Recap, Inc. and Steven R. Catkin exclusively vote in favor of specific corporate resolutions, ensuring their mutual interests are aligned. 2. Reverse Voting Agreement: In a reverse voting agreement, the parties may agree to vote against specific resolutions or actions in order to protect their respective interests or take a stance on particular matters. Conclusion: The Ohio Voting Agreement between ID Recap, Inc. and Steven R. Catkin serves as a crucial legal document governing the exchange of shares of capital stock. By clearly defining the terms and conditions surrounding the share exchange, voting rights, board representation, and termination, this agreement provides clarity and protection for both parties involved. In the context of alternative types, an exclusive voting agreement and a reverse voting agreement serve as potential variations that may be considered based on the needs and preferences of ID Recap, Inc. and Steven R. Catkin.