Chicago Illinois 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
• City: Chicago
• 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. Chicago Illinois Voting Agreement between ID Recap, Inc. and Steven R. Catkin: A Detailed Description of the Exchange of Shares of Capital Stock The Chicago Illinois Voting Agreement is a legally binding contract between ID Recap, Inc. and Steven R. Catkin pertaining to the exchange of shares of capital stock. This agreement outlines the terms, conditions, and responsibilities associated with the exchange, providing a framework for both parties to ensure a smooth transition of ownership. Keywords: Chicago Illinois, Voting Agreement, ID Recap, Inc., Steven R. Catkin, exchange, shares, capital stock Overview of the Chicago Illinois Voting Agreement: The Chicago Illinois Voting Agreement between ID Recap, Inc. and Steven R. Catkin facilitates the transfer of shares of capital stock from one party to another. This agreement solidifies the understanding between ID Recap, Inc., as the transferring party, and Steven R. Catkin, as the receiving party, regarding the exchange process and relevant terms. Terms and Conditions: 1. Share Transfer Details: The agreement specifies the number of shares and the specific class or type of shares being transferred from ID Recap, Inc. to Steven R. Catkin. 2. Consideration: The consideration for the exchange of shares, such as cash, other securities, or a combination, is clearly defined in the agreement. 3. Voting Rights and Power of Attorney: The agreement outlines the voting rights associated with the transferred shares. ID Recap, Inc. may grant Steven R. Catkin the authority to exercise these voting rights through a power of attorney or proxy, subject to specific conditions. 4. Agreement Term: The agreement specifies the duration or term within which the exchange of shares will be completed. This ensures that both parties have a clear understanding of the timeline for the transaction. 5. Representations and Warranties: Both ID Recap, Inc. and Steven R. Catkin provide representations and warranties about their ownership, authority, and ability to complete the share transfer. 6. Confidentiality and Non-disclosure: The agreement may include provisions regarding the confidentiality of the terms of the exchange, preventing either party from disclosing sensitive information related to the transaction. Types of Chicago Illinois Voting Agreement: While the overall purpose of the Chicago Illinois Voting Agreement remains the same, there can be variations based on specific circumstances: 1. Share Exchange Agreement: This type of agreement outlines the exchange of shares between ID Recap, Inc. and Steven R. Catkin, typically involving a specific class or type of shares. 2. Stock Purchase Agreement: In this variation, Steven R. Catkin may purchase shares of capital stock from ID Recap, Inc. rather than engaging in a direct exchange. 3. Merger Agreement: If the exchange of shares is part of a larger merger or acquisition transaction, a merger agreement may be entered into by both parties, detailing the terms and conditions of the overall transaction. In conclusion, the Chicago Illinois Voting Agreement between ID Recap, Inc. and Steven R. Catkin ensures a clear and legally binding framework for the exchange of shares of capital stock. The agreement outlines important terms and conditions such as share transfer details, consideration, voting rights, and agreement duration. Different types of voting agreements, such as share exchange agreements, stock purchase agreements, and merger agreements, may be utilized based on the specific circumstances of the exchange.

Chicago Illinois Voting Agreement between ID Recap, Inc. and Steven R. Catkin: A Detailed Description of the Exchange of Shares of Capital Stock The Chicago Illinois Voting Agreement is a legally binding contract between ID Recap, Inc. and Steven R. Catkin pertaining to the exchange of shares of capital stock. This agreement outlines the terms, conditions, and responsibilities associated with the exchange, providing a framework for both parties to ensure a smooth transition of ownership. Keywords: Chicago Illinois, Voting Agreement, ID Recap, Inc., Steven R. Catkin, exchange, shares, capital stock Overview of the Chicago Illinois Voting Agreement: The Chicago Illinois Voting Agreement between ID Recap, Inc. and Steven R. Catkin facilitates the transfer of shares of capital stock from one party to another. This agreement solidifies the understanding between ID Recap, Inc., as the transferring party, and Steven R. Catkin, as the receiving party, regarding the exchange process and relevant terms. Terms and Conditions: 1. Share Transfer Details: The agreement specifies the number of shares and the specific class or type of shares being transferred from ID Recap, Inc. to Steven R. Catkin. 2. Consideration: The consideration for the exchange of shares, such as cash, other securities, or a combination, is clearly defined in the agreement. 3. Voting Rights and Power of Attorney: The agreement outlines the voting rights associated with the transferred shares. ID Recap, Inc. may grant Steven R. Catkin the authority to exercise these voting rights through a power of attorney or proxy, subject to specific conditions. 4. Agreement Term: The agreement specifies the duration or term within which the exchange of shares will be completed. This ensures that both parties have a clear understanding of the timeline for the transaction. 5. Representations and Warranties: Both ID Recap, Inc. and Steven R. Catkin provide representations and warranties about their ownership, authority, and ability to complete the share transfer. 6. Confidentiality and Non-disclosure: The agreement may include provisions regarding the confidentiality of the terms of the exchange, preventing either party from disclosing sensitive information related to the transaction. Types of Chicago Illinois Voting Agreement: While the overall purpose of the Chicago Illinois Voting Agreement remains the same, there can be variations based on specific circumstances: 1. Share Exchange Agreement: This type of agreement outlines the exchange of shares between ID Recap, Inc. and Steven R. Catkin, typically involving a specific class or type of shares. 2. Stock Purchase Agreement: In this variation, Steven R. Catkin may purchase shares of capital stock from ID Recap, Inc. rather than engaging in a direct exchange. 3. Merger Agreement: If the exchange of shares is part of a larger merger or acquisition transaction, a merger agreement may be entered into by both parties, detailing the terms and conditions of the overall transaction. In conclusion, the Chicago Illinois Voting Agreement between ID Recap, Inc. and Steven R. Catkin ensures a clear and legally binding framework for the exchange of shares of capital stock. The agreement outlines important terms and conditions such as share transfer details, consideration, voting rights, and agreement duration. Different types of voting agreements, such as share exchange agreements, stock purchase agreements, and merger agreements, may be utilized based on the specific circumstances of the exchange.