Voting Agreement between ID Recap, Inc. and Steven R. Matzkin regarding exchange of shares of capital stock dated October 22, 1999. 6 pages.
The West Virginia Voting Agreement is a legally binding document that outlines the terms and conditions for the exchange of shares of capital stock between ID Recap, Inc. and Steven R. Catkin. This agreement ensures transparency and compliance during the stock exchange process, safeguarding the rights and interests of both parties involved. Keywords: West Virginia, voting agreement, ID Recap, Inc., Steven R. Catkin, exchange of shares, capital stock, transparency, compliance, rights, interests. Types of West Virginia Voting Agreement between ID Recap, Inc. and Steven R. Catkin regarding the exchange of shares of capital stock: 1. Vesting Agreement: This type of agreement typically specifies a schedule or timeline during which the transferred shares will be fully owned by the recipient. It ensures that the shares are granted to Steven R. Catkin gradually and incentivizes his long-term commitment to the company. 2. Lock-up Agreement: A lock-up agreement restricts the transfer of shares by Steven R. Catkin for a specified period, usually following an initial public offering (IPO) or acquisition. This type of agreement is designed to prevent sudden fluctuations in the stock price and protect the market stability. 3. Stock Purchase Agreement: This agreement outlines the terms and conditions of a direct sale and purchase of shares between ID Recap, Inc. and Steven R. Catkin. It includes the specific number of shares, purchase price, payment terms, representations and warranties, and any conditions precedent to the transaction. 4. Shareholder Voting Agreement: This agreement addresses the voting rights associated with the exchanged shares. It outlines the procedures and mechanisms for casting votes on important matters, such as election of directors, major corporate decisions, or proposed mergers and acquisitions. This agreement ensures both parties have a fair say in the decision-making process. 5. Put Option Agreement: A put option agreement gives Steven R. Catkin the right, but not the obligation, to sell his shares back to ID Recap, Inc. at a predetermined price and within a specified time frame. This agreement provides an exit strategy for Steven R. Catkin in case he wishes to divest his shares in the future. It is essential to consult legal professionals to draft and customize the West Virginia Voting Agreement based on the specific needs and circumstances of ID Recap, Inc. and Steven R. Catkin.
The West Virginia Voting Agreement is a legally binding document that outlines the terms and conditions for the exchange of shares of capital stock between ID Recap, Inc. and Steven R. Catkin. This agreement ensures transparency and compliance during the stock exchange process, safeguarding the rights and interests of both parties involved. Keywords: West Virginia, voting agreement, ID Recap, Inc., Steven R. Catkin, exchange of shares, capital stock, transparency, compliance, rights, interests. Types of West Virginia Voting Agreement between ID Recap, Inc. and Steven R. Catkin regarding the exchange of shares of capital stock: 1. Vesting Agreement: This type of agreement typically specifies a schedule or timeline during which the transferred shares will be fully owned by the recipient. It ensures that the shares are granted to Steven R. Catkin gradually and incentivizes his long-term commitment to the company. 2. Lock-up Agreement: A lock-up agreement restricts the transfer of shares by Steven R. Catkin for a specified period, usually following an initial public offering (IPO) or acquisition. This type of agreement is designed to prevent sudden fluctuations in the stock price and protect the market stability. 3. Stock Purchase Agreement: This agreement outlines the terms and conditions of a direct sale and purchase of shares between ID Recap, Inc. and Steven R. Catkin. It includes the specific number of shares, purchase price, payment terms, representations and warranties, and any conditions precedent to the transaction. 4. Shareholder Voting Agreement: This agreement addresses the voting rights associated with the exchanged shares. It outlines the procedures and mechanisms for casting votes on important matters, such as election of directors, major corporate decisions, or proposed mergers and acquisitions. This agreement ensures both parties have a fair say in the decision-making process. 5. Put Option Agreement: A put option agreement gives Steven R. Catkin the right, but not the obligation, to sell his shares back to ID Recap, Inc. at a predetermined price and within a specified time frame. This agreement provides an exit strategy for Steven R. Catkin in case he wishes to divest his shares in the future. It is essential to consult legal professionals to draft and customize the West Virginia Voting Agreement based on the specific needs and circumstances of ID Recap, Inc. and Steven R. Catkin.