Voting Agreement
Content
Definition
A Voting Agreement is a contract among shareholders to vote their shares in a certain manner, often used to secure control or influence over company decisions.
Usage and Context
A voting agreement is a contract among shareholders to vote their shares in a specific way, often to maintain control.
Frequently asked questions
- What is a voting agreement contract? A voting agreement contract is a legal agreement among shareholders to vote their shares in a specific way on company matters.
- What are the voting rights in a shareholder agreement? Voting rights in a shareholder agreement determine how shareholders can vote on company matters, such as electing directors or approving major decisions.
- Are shareholder voting agreements enforceable? Yes, shareholder voting agreements are generally enforceable if they follow the law and the company`s rules.
Benefits
A voting agreement secures control by aligning shareholder votes on specific issues.
Conclusion
A voting agreement aligns shareholder votes on key issues, securing control for the involved parties.
