Rhode Island Voting Agreement between Food Lion, Inc. and ECL Investments Limited regarding approval of Plan of Merger

• Category: Corporations - Public - Voting Agreements
• State: Multi-State
• Control #: US-EG-9240
• Format: Word; Rich Text

Description

Voting Agreement between Food Lion, Inc. and ECL Investments Limited regarding approval of Plan of Merger dated August 17, 1999. 8 pages. Rhode Island Voting Agreement between Food Lion, Inc. and ECL Investments Limited: In the Rhode Island voting agreement between Food Lion, Inc. and ECL Investments Limited, the two entities have come together to outline the terms and conditions surrounding the approval of the Plan of Merger. This agreement is crucial in ensuring that both parties are in alignment regarding the merger process and that all necessary steps are taken to obtain the required approvals. The purpose of this Rhode Island voting agreement is to establish the voting rights and obligations of Food Lion, Inc. and ECL Investments Limited in relation to the Plan of Merger. It provides a comprehensive framework for how both parties will exercise their voting rights and what steps need to be followed to ensure the approval of the merger. Key keywords: Rhode Island, voting agreement, Food Lion, Inc., ECL Investments Limited, approval, Plan of Merger. Specific types of Rhode Island Voting Agreement between Food Lion, Inc. and ECL Investments Limited regarding approval of Plan of Merger may include: 1. Unanimous Voting Agreement: This type of agreement ensures that all shareholders of both Food Lion, Inc. and ECL Investments Limited unanimously agree to vote in favor of the Plan of Merger. 2. Qualified Majority Voting Agreement: In this agreement, a predetermined percentage or the majority of shareholders from both Food Lion, Inc. and ECL Investments Limited must vote in favor of the Plan of Merger for it to be approved. 3. Dual-Class Voting Agreement: This type of agreement designates different classes or types of shares held by Food Lion, Inc. and ECL Investments Limited. Each class may have a specific voting power or criteria for approving the Plan of Merger. 4. Proxy Voting Agreement: This agreement allows shareholders of Food Lion, Inc. and ECL Investments Limited to grant proxies to specified individuals or entities, who will then vote on their behalf in favor of the Plan of Merger. 5. Conditional Voting Agreement: This agreement may be put in place when certain conditions need to be met before the approval of the Plan of Merger. It outlines the specific conditions that must be satisfied before the shareholders cast their votes. It is important to note that these are general categories, and the actual terms and structure of the Rhode Island Voting Agreement between Food Lion, Inc. and ECL Investments Limited may vary based on the unique circumstances and requirements of the merger.

Rhode Island Voting Agreement between Food Lion, Inc. and ECL Investments Limited: In the Rhode Island voting agreement between Food Lion, Inc. and ECL Investments Limited, the two entities have come together to outline the terms and conditions surrounding the approval of the Plan of Merger. This agreement is crucial in ensuring that both parties are in alignment regarding the merger process and that all necessary steps are taken to obtain the required approvals. The purpose of this Rhode Island voting agreement is to establish the voting rights and obligations of Food Lion, Inc. and ECL Investments Limited in relation to the Plan of Merger. It provides a comprehensive framework for how both parties will exercise their voting rights and what steps need to be followed to ensure the approval of the merger. Key keywords: Rhode Island, voting agreement, Food Lion, Inc., ECL Investments Limited, approval, Plan of Merger. Specific types of Rhode Island Voting Agreement between Food Lion, Inc. and ECL Investments Limited regarding approval of Plan of Merger may include: 1. Unanimous Voting Agreement: This type of agreement ensures that all shareholders of both Food Lion, Inc. and ECL Investments Limited unanimously agree to vote in favor of the Plan of Merger. 2. Qualified Majority Voting Agreement: In this agreement, a predetermined percentage or the majority of shareholders from both Food Lion, Inc. and ECL Investments Limited must vote in favor of the Plan of Merger for it to be approved. 3. Dual-Class Voting Agreement: This type of agreement designates different classes or types of shares held by Food Lion, Inc. and ECL Investments Limited. Each class may have a specific voting power or criteria for approving the Plan of Merger. 4. Proxy Voting Agreement: This agreement allows shareholders of Food Lion, Inc. and ECL Investments Limited to grant proxies to specified individuals or entities, who will then vote on their behalf in favor of the Plan of Merger. 5. Conditional Voting Agreement: This agreement may be put in place when certain conditions need to be met before the approval of the Plan of Merger. It outlines the specific conditions that must be satisfied before the shareholders cast their votes. It is important to note that these are general categories, and the actual terms and structure of the Rhode Island Voting Agreement between Food Lion, Inc. and ECL Investments Limited may vary based on the unique circumstances and requirements of the merger.