Tennessee 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. Title: Understanding the Tennessee Voting Agreement between ID Recap, Inc. and Steven R. Catkin for Stock Exchange Keywords: Tennessee Voting Agreement, ID Recap, Inc., Steven R. Catkin, exchange of shares, capital stock Introduction: The Tennessee Voting Agreement plays a crucial role in regulating the exchange of shares of capital stock between ID Recap, Inc. and Steven R. Catkin. This detailed description explores the different types of such agreements and sheds light on the key components and implications of these agreements. Types of Tennessee Voting Agreements for Stock Exchange: 1. Initial Exchange Agreement: The initial agreement outlines the terms and conditions of the stock exchange between ID Recap, Inc. and Steven R. Catkin. It defines the number of shares to be exchanged, the valuation method, possible restrictions on the transfer of shares, and the time frame within which the exchange must be completed. 2. Modified Agreement: In certain cases, an amendment or modification is required to address any revisions or updated terms in an existing agreement. This type of Tennessee Voting Agreement helps adapt to changing circumstances, ensuring that both parties are adequately protected during the exchange of shares. Key Components of Tennessee Voting Agreement: 1. Principal Parties: The agreement involves ID Recap, Inc., a company seeking to exchange shares of capital stock, and Steven R. Catkin, the counterparty accepting or providing the shares. 2. Exchange Details: This section specifies the number of shares being exchanged and their respective value, along with any considerations or conditions related to the transaction. 3. Transfer Restrictions: The agreement may outline any limitations or regulatory requirements related to the transfer of shares, ensuring compliance with state and federal laws within Tennessee. 4. Timeframe and Completion: A specific time frame is established within which the stock exchange must be finalized. This provision holds both parties accountable and prevents extended delays. 5. Voting Rights: The agreement may address the voting rights associated with the exchanged shares. It defines whether the shares entitle the holder to voting privileges or if they come with specific voting restrictions. 6. Representations and Warranties: To ensure transparency and mutual understanding, both parties may include representations and warranties. These affirmations provide assurances about the accuracy and completeness of the information exchanged. 7. Governing Law and Jurisdiction: This section determines the jurisdiction applicable to any potential disputes or legal proceedings arising from the agreement. It also identifies Tennessee state laws governing the agreement. Conclusion: The Tennessee Voting Agreement between ID Recap, Inc. and Steven R. Catkin plays a critical role in facilitating the exchange of shares of capital stock. By outlining the different types, key components, and implications, this agreement provides legal protection and clarity for both parties involved.

Title: Understanding the Tennessee Voting Agreement between ID Recap, Inc. and Steven R. Catkin for Stock Exchange Keywords: Tennessee Voting Agreement, ID Recap, Inc., Steven R. Catkin, exchange of shares, capital stock Introduction: The Tennessee Voting Agreement plays a crucial role in regulating the exchange of shares of capital stock between ID Recap, Inc. and Steven R. Catkin. This detailed description explores the different types of such agreements and sheds light on the key components and implications of these agreements. Types of Tennessee Voting Agreements for Stock Exchange: 1. Initial Exchange Agreement: The initial agreement outlines the terms and conditions of the stock exchange between ID Recap, Inc. and Steven R. Catkin. It defines the number of shares to be exchanged, the valuation method, possible restrictions on the transfer of shares, and the time frame within which the exchange must be completed. 2. Modified Agreement: In certain cases, an amendment or modification is required to address any revisions or updated terms in an existing agreement. This type of Tennessee Voting Agreement helps adapt to changing circumstances, ensuring that both parties are adequately protected during the exchange of shares. Key Components of Tennessee Voting Agreement: 1. Principal Parties: The agreement involves ID Recap, Inc., a company seeking to exchange shares of capital stock, and Steven R. Catkin, the counterparty accepting or providing the shares. 2. Exchange Details: This section specifies the number of shares being exchanged and their respective value, along with any considerations or conditions related to the transaction. 3. Transfer Restrictions: The agreement may outline any limitations or regulatory requirements related to the transfer of shares, ensuring compliance with state and federal laws within Tennessee. 4. Timeframe and Completion: A specific time frame is established within which the stock exchange must be finalized. This provision holds both parties accountable and prevents extended delays. 5. Voting Rights: The agreement may address the voting rights associated with the exchanged shares. It defines whether the shares entitle the holder to voting privileges or if they come with specific voting restrictions. 6. Representations and Warranties: To ensure transparency and mutual understanding, both parties may include representations and warranties. These affirmations provide assurances about the accuracy and completeness of the information exchanged. 7. Governing Law and Jurisdiction: This section determines the jurisdiction applicable to any potential disputes or legal proceedings arising from the agreement. It also identifies Tennessee state laws governing the agreement. Conclusion: The Tennessee Voting Agreement between ID Recap, Inc. and Steven R. Catkin plays a critical role in facilitating the exchange of shares of capital stock. By outlining the different types, key components, and implications, this agreement provides legal protection and clarity for both parties involved.