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.
Nassau New York Voting Trust Agreement which provides that the shareholder has issued certificates in the care of the depositary in the name of the voting trustees
State:
Multi-State
County:
Nassau
Control #:
US-CC-4-298
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Voting Trust Agreement Which Provides That The Shareholder Has Issued Certificates In The Care Of The Depositary In The Name Of The Voting Trustees?
If you are in need of a trustworthy legal document supplier to acquire the Nassau Voting Trust Agreement which states that the stockholder has issued certificates under the custody of the depositary in the name of the voting trustees, look no further than US Legal Forms. Whether you are looking to establish your LLC enterprise or manage your asset allocation, we have you covered.
US Legal Forms is a dependable service providing legal forms to millions of clients since 1997.
Simply type your query or browse the Nassau Voting Trust Agreement which states that the stockholder has issued certificates under the custody of the depositary in the name of the voting trustees, using either a keyword or by the state/county for which the form is designed.
After finding the required template, you can Log In and download it or save it in the My documents section.
Don’t have an account? Starting one is simple! Just locate the Nassau Voting Trust Agreement which states that the stockholder has issued certificates under the custody of the depositary in the name of the voting trustees template and review the form's preview and brief introductory information (if available). If you are confident about the terminology of the template, go ahead and click Buy now. Create an account and select a subscription plan. The template will be immediately available for download as soon as payment is finalized. Now you can fill out the form.
- You don’t have to be an expert in the law to find and download the right template.
- You can explore over 85,000 forms categorized by state/county and situation.
- The user-friendly interface, numerous supporting resources, and committed support team make it simple to obtain and fill out various documents.
Form popularity
FAQ
The law simply provides that a voting trust agreement is an agreement in writing whereby one or more stockholders of a corporation consent to transfer his or their shares to a trustee in order to vest in the latter voting or other rights pertaining to said shares for a period not exceeding five years upon the
Definition. A trust formed when individual shareholders transfer both the legal title and voting rights in their shares to a trustee. The trustee then controls a unified voting block - with a stronger voice on matters of corporate governance than the individual shareholders could have on their own.
Shareholders can use voting trusts to help resolve conflicts of interest in some functions of the company. Ordinarily, such shareholders would transfer their shares to a trustee who would then vote on their behalf at arms-length to mitigate against conflicts of interest.
Voting agreements are commonly used in business combination transactions to ensure the buyer that significant equity holders will vote to approve the subject transaction. A voting agreement may also include an irrevocable proxy.
While the proxy may be a temporary or one-time arrangement, often created for a specific vote, the voting trust is usually more permanent, intended to give a bloc of voters increased power as a groupor indeed, control of the company, which is not necessarily the case with proxy voting.
A voting trust is a contract between shareholders in which their shares and voting rights are temporarily transferred to a trustee. A voting agreement is a contract in which shareholders agree to vote a certain way on specific issues without giving up their shares or voting rights.
A voting trust agreement is a contractual agreement that records the transfer of shares from a shareholder to a trustee. The agreement gives the trustee temporary control of the voting powers of the shareholders.
The voting trust agreement filed with the corporation shall be subject to examination by any stockholder of the corporation in the same manner as any other corporate book or record: Provided, That both the transferor and the trustee or trustees may exercise the right of inspection of all corporate books and records in