Texas 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. A Texas Voting Agreement is a legally binding document that outlines the terms and conditions of the exchange of shares of capital stock between ID Recap, Inc. and Steven R. Catkin. This agreement ensures transparency and clarity in the process, addressing various aspects of the share exchange. The primary purpose of the Texas Voting Agreement is to establish the rights and obligations of both parties involved. It sets forth the terms under which Steven R. Catkin agrees to transfer a certain number of shares of capital stock to ID Recap, Inc. The agreement typically includes the following key details: 1. Parties: Clearly identifies the involved parties — ID Recap, Inc. and SteveCatkinsin. 2. Effective Date: Specifies the date on which the agreement becomes effective. 3. Shares Exchange: Outlines the exact number of shares that are to be exchanged between the two parties. 4. Consideration: States the consideration or price at which the shares are exchanged. This can be cash, assets, or other securities, as predetermined by both parties. 5. Representations and Warranties: Describes the representations and warranties made by each party regarding their authority, ownership, and rights to transfer the shares. 6. Voting Rights: Establishes the voting rights associated with the shares being exchanged. It may cover matters such as voting together on certain corporate matters, designating board members, or granting proxy authority. 7. Transfer Restrictions: Specifies any restrictions or limitations on the transferability of the shares, including lock-up periods or approvals required for subsequent transfers. 8. Confidentiality: Addresses the confidentiality of the agreement and any related information, preventing either party from disclosing sensitive details to third parties. 9. Governing Law and Jurisdiction: Determines that Texas law governs the agreement and identifies the jurisdiction in which any legal disputes will be resolved. Different types of Texas Voting Agreements between ID Recap, Inc. and Steven R. Catkin regarding the exchange of shares of capital stock may include variations in the specific terms and conditions outlined above. Some types may have additional provisions pertaining to shareholder rights, board representation, or other matters as deemed necessary by the parties involved. It is important to consult with legal professionals or relevant experts when drafting or reviewing a Texas Voting Agreement to ensure compliance with applicable laws and to meet the specific needs of both parties involved in the share exchange.

A Texas Voting Agreement is a legally binding document that outlines the terms and conditions of the exchange of shares of capital stock between ID Recap, Inc. and Steven R. Catkin. This agreement ensures transparency and clarity in the process, addressing various aspects of the share exchange. The primary purpose of the Texas Voting Agreement is to establish the rights and obligations of both parties involved. It sets forth the terms under which Steven R. Catkin agrees to transfer a certain number of shares of capital stock to ID Recap, Inc. The agreement typically includes the following key details: 1. Parties: Clearly identifies the involved parties — ID Recap, Inc. and SteveCatkinsin. 2. Effective Date: Specifies the date on which the agreement becomes effective. 3. Shares Exchange: Outlines the exact number of shares that are to be exchanged between the two parties. 4. Consideration: States the consideration or price at which the shares are exchanged. This can be cash, assets, or other securities, as predetermined by both parties. 5. Representations and Warranties: Describes the representations and warranties made by each party regarding their authority, ownership, and rights to transfer the shares. 6. Voting Rights: Establishes the voting rights associated with the shares being exchanged. It may cover matters such as voting together on certain corporate matters, designating board members, or granting proxy authority. 7. Transfer Restrictions: Specifies any restrictions or limitations on the transferability of the shares, including lock-up periods or approvals required for subsequent transfers. 8. Confidentiality: Addresses the confidentiality of the agreement and any related information, preventing either party from disclosing sensitive details to third parties. 9. Governing Law and Jurisdiction: Determines that Texas law governs the agreement and identifies the jurisdiction in which any legal disputes will be resolved. Different types of Texas Voting Agreements between ID Recap, Inc. and Steven R. Catkin regarding the exchange of shares of capital stock may include variations in the specific terms and conditions outlined above. Some types may have additional provisions pertaining to shareholder rights, board representation, or other matters as deemed necessary by the parties involved. It is important to consult with legal professionals or relevant experts when drafting or reviewing a Texas Voting Agreement to ensure compliance with applicable laws and to meet the specific needs of both parties involved in the share exchange.