Common use of Creation of Voting Trust Clause in Contracts

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.

Appears in 2 contracts

Samples: Voting Trust and Escrow Agreement (China Agri-Business, Inc.), Voting Trust and Escrow Agreement (China Power Equipment, Inc.)

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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 "β€œShares"”), with all the powers, rights and privileges and subject to all the conditions and covenants hereinafter set forth.

Appears in 1 contract

Samples: Voting Trust and Escrow Agreement (China Power Equipment, Inc.)

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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 Agreement, the Voting Trustees shall act as voting trustees in respect of to 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.

Appears in 1 contract

Samples: Voting Trust Agreement (Elmers Restaurants Inc)

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