Wisconsin Voting Trust Agreement which provides that the shareholder has issued certificates in the care of the depositary in the name of the voting trustees

• Category: Corporations - Public - Sale or Purchase of Capital Stock
• State: Multi-State
• Control #: US-CC-4-298
• Format: Word; Rich Text

Description

This form is a Voting Trust Agreement. The form provides that the shareholder has issued certficates for all common stock which will be placed in the care of the depositary in the name of the voting trustees. The form also provides that the agreement may be executed in several counterparts. A Wisconsin Voting Trust Agreement refers to a legally binding document that allows a shareholder to transfer their voting rights to a designated voting trustee, who holds their shares in trust. These voting trustees then exercise the voting rights on behalf of the shareholder. In a Wisconsin Voting Trust Agreement, the shareholder delivers their share certificates to a designated depository, who holds them in custody. These certificates are issued in the name of the voting trustees, which gives them the authority to vote on matters related to the shares held in trust. Keywords: Wisconsin Voting Trust Agreement, shareholder, issued certificates, care of the depository, voting trustees. There are various types of Wisconsin Voting Trust Agreements, each tailored to meet specific requirements or circumstances. Some common types include: 1. Statutory Wisconsin Voting Trust Agreement: This type of agreement is structured in accordance with the Wisconsin Statutes and is a common choice for many shareholders. 2. Irrevocable Wisconsin Voting Trust Agreement: In this type, the shareholder relinquishes all rights to amend or revoke the trust agreement once it is established. The voting power remains with the voting trustees until the specified termination event occurs. 3. Revocable Wisconsin Voting Trust Agreement: Unlike the irrevocable trust, this type allows the shareholder to retain the authority to modify or terminate the trust agreement as they see fit. They can reclaim the voting rights whenever they choose to do so. 4. Bare or Naked Wisconsin Voting Trust Agreement: This arrangement involves the transfer of only voting rights to the trustee, while the beneficial ownership of the shares remains with the original shareholder. Here, the trustee solely exercises voting rights assigned to them, but not ownership rights. 5. Protective Wisconsin Voting Trust Agreement: This type is employed to safeguard a company from potential hostile takeovers or other external threats. It grants the voting trustee specific instructions to vote in a particular manner to maintain control of the company or protect shareholder interests. 6. Cumulative Wisconsin Voting Trust Agreement: This arrangement allows the voting trustee to accumulate or pool votes across multiple shareholders' shares, thereby increasing their collective influence in voting matters. 7. Terminable Wisconsin Voting Trust Agreement: This type of voting trust agreement has a specified termination date or event pre-determined by the shareholder. Once the agreed upon condition is met, the voting rights transfer back to the shareholder, ending the trust. It's important for shareholders to consult with legal professionals when considering a Wisconsin Voting Trust Agreement to ensure compliance with applicable laws and to determine which type suits their particular needs.

A Wisconsin Voting Trust Agreement refers to a legally binding document that allows a shareholder to transfer their voting rights to a designated voting trustee, who holds their shares in trust. These voting trustees then exercise the voting rights on behalf of the shareholder. In a Wisconsin Voting Trust Agreement, the shareholder delivers their share certificates to a designated depository, who holds them in custody. These certificates are issued in the name of the voting trustees, which gives them the authority to vote on matters related to the shares held in trust. Keywords: Wisconsin Voting Trust Agreement, shareholder, issued certificates, care of the depository, voting trustees. There are various types of Wisconsin Voting Trust Agreements, each tailored to meet specific requirements or circumstances. Some common types include: 1. Statutory Wisconsin Voting Trust Agreement: This type of agreement is structured in accordance with the Wisconsin Statutes and is a common choice for many shareholders. 2. Irrevocable Wisconsin Voting Trust Agreement: In this type, the shareholder relinquishes all rights to amend or revoke the trust agreement once it is established. The voting power remains with the voting trustees until the specified termination event occurs. 3. Revocable Wisconsin Voting Trust Agreement: Unlike the irrevocable trust, this type allows the shareholder to retain the authority to modify or terminate the trust agreement as they see fit. They can reclaim the voting rights whenever they choose to do so. 4. Bare or Naked Wisconsin Voting Trust Agreement: This arrangement involves the transfer of only voting rights to the trustee, while the beneficial ownership of the shares remains with the original shareholder. Here, the trustee solely exercises voting rights assigned to them, but not ownership rights. 5. Protective Wisconsin Voting Trust Agreement: This type is employed to safeguard a company from potential hostile takeovers or other external threats. It grants the voting trustee specific instructions to vote in a particular manner to maintain control of the company or protect shareholder interests. 6. Cumulative Wisconsin Voting Trust Agreement: This arrangement allows the voting trustee to accumulate or pool votes across multiple shareholders' shares, thereby increasing their collective influence in voting matters. 7. Terminable Wisconsin Voting Trust Agreement: This type of voting trust agreement has a specified termination date or event pre-determined by the shareholder. Once the agreed upon condition is met, the voting rights transfer back to the shareholder, ending the trust. It's important for shareholders to consult with legal professionals when considering a Wisconsin Voting Trust Agreement to ensure compliance with applicable laws and to determine which type suits their particular needs.