The Hillsborough Florida Voting Agreement is a legal contract between ID Recap, Inc. and Steven R. Catkin that outlines the terms and conditions for the exchange of shares of capital stock. This agreement ensures that both parties have a clear understanding of their rights and obligations regarding the voting rights associated with the exchanged shares. Key terms relevant to this agreement include: 1. Hillsborough Florida: The agreement is specific to the jurisdiction of Hillsborough County in the state of Florida. This implies that the agreement follows the laws and regulations of Hillsborough County and the state of Florida. 2. Voting Agreement: This refers to the mutual understanding between ID Recap, Inc. and Steven R. Catkin regarding the exercise of voting rights associated with the exchanged shares of capital stock. 3. Exchange of Shares: The agreement details the process and conditions under which ID Recap, Inc. and Steven R. Catkin will exchange their respective shares of capital stock. It may include limitations on the number or types of shares to be exchanged. 4. Capital Stock: This term refers to the ownership stake in a corporation, represented by shares that give the holder certain rights, including voting rights. The agreement specifies how the exchanged shares of capital stock will be treated in terms of voting rights. Types of Hillsborough Florida Voting Agreements between ID Recap, Inc. and Steven R. Catkin: 1. Irrevocable Voting Agreement: This type of agreement restricts the parties from revoking or canceling their commitment to vote in a particular manner. It ensures that both parties are bound to honor their voting obligations as stipulated in the agreement. 2. Limited Voting Agreement: This agreement may limit the scope or duration of the voting rights associated with the exchanged shares of capital stock. For example, it may specify that the right to vote applies only to specific issues or for a designated period. 3. Unanimous Voting Agreement: This type of agreement requires both parties to vote unanimously on specific matters of importance. It ensures that neither party can act unilaterally without the consent of the other party, promoting cooperation and agreement in decision-making. In summary, the Hillsborough Florida Voting Agreement between ID Recap, Inc. and Steven R. Catkin regarding the exchange of shares of capital stock is a legally binding contract that sets out the terms and conditions for exercising voting rights associated with the exchanged shares. The agreement is tailored to meet the specific jurisdiction of Hillsborough County in Florida and may take various forms, including irrevocable, limited, or unanimous voting agreements, depending on the needs and preferences of the parties involved.