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No shareholder shall be entitled to cumulate votes (i.e., cast for any one or more candidates a number of votes greater than the number of votes which such shareholder normally is entitled to cast) unless such candidate or candidates\u2019 names have been placed in nomination prior to the voting and the shareholder has given notice at the meeting prior to the voting of the shareholder\u2019s intention to cumulate the shareholder\u2019s votes. If any one shareholder has given such notice, all shareholders may cumulate their votes for candidates in nomination. In any election of directors, the candidates receiving the highest number of affirmative votes up to the number of directors to be elected by such shares are elected; votes against a director and votes withheld shall have no legal effect.", "hash": "3664b86067d9916f271719f9cb284673", "id": 10}, {"size": 5, "samples": [{"hash": "bWWYKIrOy4C", "uri": "/contracts/bWWYKIrOy4C#cumulative-voting", "label": "Agreement and Plan of Merger (Envirotech Vehicles, Inc.)", "score": 37.3805612594, "published": true}, {"hash": "1HyQYYypGij", "uri": "/contracts/1HyQYYypGij#cumulative-voting", "label": "Agreement and Plan of Merger (Envirotech Vehicles, Inc.)", "score": 37.3805612594, "published": true}, {"hash": "4LvoU8g6hCC", "uri": "/contracts/4LvoU8g6hCC#cumulative-voting", "label": "Agreement and Plan of Merger (Welsbach Technology Metals Acquisition Corp.)", "score": 35.8665313721, "published": true}], "snippet_links": [{"key": "required-by", "type": "definition", "offset": [20, 31]}, {"key": "applicable-law", "type": "definition", "offset": [32, 46]}, {"key": "no-cumulative-voting", "type": "clause", "offset": [63, 83]}, {"key": "vote-of-stockholders", "type": "clause", "offset": [111, 131]}, {"key": "of-the-corporation", "type": "clause", "offset": [132, 150]}], "snippet": "Except as otherwise required by applicable law, there shall be no cumulative voting on any matter brought to a vote of stockholders of the Corporation.", "hash": "4f9968220e1e657821897a830737d6ce", "id": 4}, {"size": 4, "samples": [{"hash": "6zbhuWdwWhh", "uri": "/contracts/6zbhuWdwWhh#cumulative-voting", "label": "Limited Liability Company Operating Agreement", "score": 31.3408622742, "published": true}, {"hash": "khWKxItgsJU", "uri": "/contracts/khWKxItgsJU#cumulative-voting", "label": "Limited Liability Company Agreement (Anglo-Suisse Offshore Pipeline Partners, LLC)", "score": 22.226556778, "published": true}, {"hash": "g6NqIXdKkQj", "uri": "/contracts/g6NqIXdKkQj#cumulative-voting", "label": "Operating Agreement (Anglo-Suisse Offshore Pipeline Partners, LLC)", "score": 22.226556778, "published": true}], "snippet_links": [{"key": "of-members", "type": "clause", "offset": [10, 20]}], "snippet": "The right of Members to cumulative voting is expressly prohibited.", "hash": "c685d909067fd18384985e07dc14064a", "id": 6}], "next_curs": "CloSVGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjYLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhpjdW11bGF0aXZlLXZvdGluZyMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"title": "Cumulative Voting", "children": [["headings", "Headings"], ["counterparts", "Counterparts"], ["parties-in-interest", "Parties in Interest"], ["notices", "Notices"], ["amendment-and-waiver", "Amendment and Waiver"]], "size": 112, "parents": [["miscellaneous", "Miscellaneous"], ["general-provisions", "General Provisions"], ["meetings-of-members", "Meetings of Members"], ["counterparts", "Counterparts"], ["capital-stock", "Capital Stock"]], "id": "cumulative-voting", "related": [["quorum-voting", "Quorum; Voting", "Quorum; Voting"], ["no-voting-rights", "No Voting Rights", "No Voting Rights"], ["dividends-and-voting-rights", "Dividends and Voting Rights", "Dividends and Voting Rights"], ["capitalization-voting-rights", "Capitalization; Voting Rights", "Capitalization; Voting Rights"], ["allocation-of-voting-rights", "Allocation of Voting Rights", "Allocation of Voting Rights"]], "related_snippets": [], "updated": "2026-05-22T04:28:58+00:00", "also_ask": ["How can cumulative voting be leveraged to protect minority shareholder interests?", "What essential elements must be included to ensure enforceability of a cumulative voting clause?", "What are the main legal risks or loopholes that could undermine cumulative voting rights?", "How does cumulative voting compare to straight voting in terms of shareholder influence and control?", "What standards do courts apply when assessing the validity of cumulative voting provisions in disputes?"], "drafting_tip": "Specify the method for allocating votes to ensure clarity; define eligible shareholders to prevent disputes; state any limitations to maintain enforceability.", "explanation": "The Cumulative Voting clause establishes a method for shareholders to allocate their votes in the election of directors, allowing them to concentrate multiple votes on a single candidate rather than distributing them evenly. In practice, each shareholder multiplies the number of shares they own by the number of directors to be elected, and can cast all resulting votes for one candidate or divide them among several candidates as they choose. This mechanism is particularly beneficial for minority shareholders, as it increases their ability to influence the election outcome and secure board representation, thereby promoting fairer and more proportional governance."}, "json": true, "cursor": ""}}