Creation of Voting Trust. The Voting Trustee, is hereby appointed voting trustee under the voting trust created by this Agreement. During the term of this Agreement, the Voting Trustee shall act as voting trustee in respect to the Shares, with all the powers, rights and privileges and subject to all the conditions and covenants hereinafter set forth.
Creation of Voting Trust. Subject to the terms and conditions of this Agreement, a voting trust (this “Trust”) is hereby created and established in accordance with Section 218 of the Delaware General Corporation Law. The Depositors and the Trustee agree and acknowledge that this Trust is not limited to the voting of the Stock and also governs the transfer of the Stock. The Trustee accepts the trust created by this Agreement and agrees to the Trustee’s appointment as Trustee with all attendant rights and duties hereunder.
Creation of Voting Trust. The Voting Trustees, and each of them, are hereby appointed voting trustees under the voting trust created by this Agreement. During the term of this Agreement the Voting Trustees shall act as voting trustees in respect of the tendered shares of stock in the Corporation, and any additional voting shares subsequently received by the Voting Trustees as a result of the operation of this Agreement (such tendered shares and subsequent shares to be collectively referred to as the "Shares"), with all the powers, rights and privileges and subject to all the conditions and covenants hereinafter set forth.
Creation of Voting Trust. Subject to the terms and conditions hereof, there is hereby created and established a voting trust in respect of the Shares to be known as the "Northwest Airlines/Air Partners Voting Trust." The Trustee hereby accepts the trust created hereby and agrees to serve as trustee hereunder. The Trustee promptly shall file an executed copy of this Agreement at the registered office of the Company in the State of Delaware, which copy shall be open to the inspection of any stockholder of the Company, or any beneficiary of the Trust, daily during business hours, as provided in Section 218 of the Delaware General Corporation Law.
Creation of Voting Trust. One or more shareholders may create a voting trust, conferring on a trustee the right to vote or otherwise act for them, by signing an agreement setting out the provisions of the trust, which may include anything consistent with its purpose, and transferring their shares to the trustee. When a voting trust agreement is signed, the trustee shall prepare a list of the names and addresses of all owners, together with the number and class of shares each transferred to the trust, and deliver copies of the list and agreement to the corporation's principal office. [PL 2015, c. 259, §11 (AMD).]
Creation of Voting Trust. The Shareholder hereby transfers and assigns to Trustee, and Trustee hereby accepts the transfer and assignment of, the right to vote or otherwise act for the Shareholder in connection with all of his rights and responsibilities as a shareholder of the Company in respect of the Shares; and, in order to effectuate such transfer and assignment, the Shareholder hereby transfers to Trustee the certificates evidencing his Shares (or competent evidence thereof in the case of book-entry shares) which certificate(s) (or competent evidence thereof) shall bear a legend that said Shares are subject to the terms and provisions of this Agreement (or equivalent thereof in the case of book-entry shares). Any other shares of the Company’s share capital legally or beneficially owned by the Shareholder as of the effective date of this Agreement, and any and all other shares of the Company’s share capital that may be issued to Shareholder after the effective date of this Agreement upon exercise of options or other rights of the Shareholder to acquire the Company’s share capital existing as of the effective date of this Agreement, shall also be subject to the terms of this Agreement and upon receiving such shares, the Shareholder shall immediately deliver or cause to be delivered all such shares to the Trustee (or competent evidence thereof in the case of book-entry shares). The term “Shares” as used in this Agreement shall include the Shares as first defined above as well as all such other shares issued or issuable upon exercise of options or other rights to acquire the Company’s share capital by the Shareholder existing as of the effective date of this Agreement. Trustee shall hold such certificates of the Shareholder, or competent evidence thereof in the case of book-entry Shares, as trustee, subject to the terms and conditions of this Agreement.
Creation of Voting Trust. Subject to the terms and conditions hereof, a voting trust in respect of the Stock (the "Voting Trust") is hereby created and established, and the Trustee hereby accepts the trust created hereby and agrees to serve as trustee hereunder.
Creation of Voting Trust. Upon the creation of the certificates representing the Trust Shares, the Trust Shares shall be deposited with the Trustee. Certificates representing the Trust Shares shall be in the name of Xxxxxx Xxxxxx as trustee for the Xxxxxx/Xxxxx Voting Trust. All voting securities of the Company belonging to the Shareholders associated with the Trust Shares, including, but not limited to, stock dividends, stock splits, and other recapitalizations, shall likewise be held in trust with the Trustee. Such voting securities of Company received with respect to, and in addition, to the Trust Shares originally transferred to Trustee are hereafter also referred to collectively as the "Trust Shares."
Creation of Voting Trust. (a) There is hereby created a voting trust (the "Voting Trust") in respect of all of the Shares; provided however, that the Voting Trust shall be effective only upon the consummation of the Merger.
Creation of Voting Trust. The Shareholders shall deposit with the Trustee certificates for the shares of the Company’s common stock (the “Stock Certificates”) to be held by “Xxxxx X. Xxxxxx, as Voting Trustee” in a voting trust in accordance with the terms and conditions of this Agreement. The Stock Certificates shall be endorsed, or accompanied by such instruments of transfer as to enable the Trustee to cause such Stock Certificate to be transferred into the name of the Trustee, as hereinafter provided. On receipt by the Trustee of the Stock Certificates for the Shares and the transfer of the same into the name of the Trustee, the Trustee shall hold the same subject to the terms of this Agreement, and shall thereupon issue and deliver to the Shareholder a voting trust certificate representing the Trustee’s receipt of the Stock Certificates from the Shareholders (the “Voting Trust Certificates”).
