Voting Agreement between Food Lion, Inc. and ECL Investments Limited regarding approval of Plan of Merger dated August 17, 1999. 8 pages.
The Oklahoma Voting Agreement between Food Lion, Inc. and ECL Investments Limited is a legally binding document that outlines the terms and conditions regarding the approval of the Plan of Merger between the two companies. This agreement is an important step in the merger process and ensures that both parties are aligned and committed to the successful completion of the merger. The agreement includes a comprehensive description of the plan of merger, detailing the objectives, strategies, and expected outcomes of the merger. It also outlines the roles and responsibilities of both Food Lion, Inc. and ECL Investments Limited throughout the merger process. Keywords: Oklahoma Voting Agreement, Food Lion, Inc., ECL Investments Limited, approval, Plan of Merger. There are different types of Oklahoma Voting Agreements that may be employed by Food Lion, Inc. and ECL Investments Limited, depending on the specific circumstances and requirements of the merger. Some possible variations of the voting agreement include: 1. Exclusive Voting Agreement: This type of agreement may be used when there is a need for exclusivity between the parties involved. It ensures that both Food Lion, Inc. and ECL Investments Limited agree to vote exclusively in favor of the Plan of Merger and not to support any alternative proposals. 2. Conditional Voting Agreement: In certain cases, the agreement may be conditional, depending on the fulfillment of specific criteria or conditions. This type of arrangement allows both parties to set conditions that must be met before giving their respective approvals. 3. Proxy Voting Agreement: In situations where one party possesses a majority of voting rights or shares, a proxy voting agreement may be established. This agreement allows the party holding the majority to vote on behalf of the other party, streamlining the voting process. 4. Termination Voting Agreement: This type of agreement includes provisions for termination, allowing either party to end the agreement under specific circumstances, such as a breach of contract or failure to meet agreed-upon conditions. Overall, the Oklahoma Voting Agreement between Food Lion, Inc. and ECL Investments Limited plays a crucial role in ensuring a smooth and mutually beneficial merger process. It provides a legal framework for approval and collaboration, protecting the interests of both parties involved.
The Oklahoma Voting Agreement between Food Lion, Inc. and ECL Investments Limited is a legally binding document that outlines the terms and conditions regarding the approval of the Plan of Merger between the two companies. This agreement is an important step in the merger process and ensures that both parties are aligned and committed to the successful completion of the merger. The agreement includes a comprehensive description of the plan of merger, detailing the objectives, strategies, and expected outcomes of the merger. It also outlines the roles and responsibilities of both Food Lion, Inc. and ECL Investments Limited throughout the merger process. Keywords: Oklahoma Voting Agreement, Food Lion, Inc., ECL Investments Limited, approval, Plan of Merger. There are different types of Oklahoma Voting Agreements that may be employed by Food Lion, Inc. and ECL Investments Limited, depending on the specific circumstances and requirements of the merger. Some possible variations of the voting agreement include: 1. Exclusive Voting Agreement: This type of agreement may be used when there is a need for exclusivity between the parties involved. It ensures that both Food Lion, Inc. and ECL Investments Limited agree to vote exclusively in favor of the Plan of Merger and not to support any alternative proposals. 2. Conditional Voting Agreement: In certain cases, the agreement may be conditional, depending on the fulfillment of specific criteria or conditions. This type of arrangement allows both parties to set conditions that must be met before giving their respective approvals. 3. Proxy Voting Agreement: In situations where one party possesses a majority of voting rights or shares, a proxy voting agreement may be established. This agreement allows the party holding the majority to vote on behalf of the other party, streamlining the voting process. 4. Termination Voting Agreement: This type of agreement includes provisions for termination, allowing either party to end the agreement under specific circumstances, such as a breach of contract or failure to meet agreed-upon conditions. Overall, the Oklahoma Voting Agreement between Food Lion, Inc. and ECL Investments Limited plays a crucial role in ensuring a smooth and mutually beneficial merger process. It provides a legal framework for approval and collaboration, protecting the interests of both parties involved.