{"component": "clause", "props": {"groups": [{"snippet": "The Stockholder agrees that it will not, nor will it permit any entity under its control to, deposit any of its Subject Shares in a voting trust or subject any of its Subject Shares to any arrangement with respect to the voting of such Subject Shares other than as provided herein.", "size": 59, "snippet_links": [{"key": "the-stockholder", "type": "clause", "offset": [0, 15]}, {"key": "subject-shares", "type": "clause", "offset": [112, 126]}, {"key": "voting-trust", "type": "clause", "offset": [132, 144]}, {"key": "with-respect-to", "type": "clause", "offset": [201, 216]}, {"key": "the-voting", "type": "clause", "offset": [217, 227]}], "samples": [{"hash": "ehugMwMRVRa", "uri": "/contracts/ehugMwMRVRa#voting-trusts", "label": "Merger Agreement (Apex Global Brands Inc.)", "score": 32.1348381042, "published": true}, {"hash": "8Bg6HPzJWCH", "uri": "/contracts/8Bg6HPzJWCH#voting-trusts", "label": "Merger Agreement (Apex Global Brands Inc.)", "score": 32.1348381042, "published": true}, {"hash": "gBJu1ycLUEm", "uri": "/contracts/gBJu1ycLUEm#voting-trusts", "label": "Voting Agreement (Akers Biosciences, Inc.)", "score": 29.8637924194, "published": true}], "hash": "95793e01dafeccce0d8097b4afae310c", "id": 1}, {"snippet": "The Trustees shall have power and authority for and on behalf of the Trust to join with other holders of any securities or debt instruments in acting through a committee, depositary, voting trustee or otherwise, and in that connection to deposit any security or debt instrument with, or transfer any security or debt instrument to, any such committee, depositary or trustee, and to delegate to them such power and authority with relation to any security or debt instrument (whether or not so deposited or transferred) as the Trustees shall deem proper, and to agree to pay, and to pay, such portion of the expenses and compensation of such committee, depositary or trustee as the Trustees shall deem proper.", "size": 14, "snippet_links": [{"key": "the-trustees", "type": "clause", "offset": [0, 12]}, {"key": "power-and-authority", "type": "clause", "offset": [24, 43]}, {"key": "of-the-trust", "type": "clause", "offset": [62, 74]}, {"key": "holders-of", "type": "clause", "offset": [94, 104]}, {"key": "debt-instruments", "type": "definition", "offset": [123, 139]}, {"key": "a-committee", "type": "clause", "offset": [158, 169]}, {"key": "voting-trustee", "type": "definition", "offset": [183, 197]}, {"key": "to-delegate", "type": "clause", "offset": [379, 390]}, {"key": "to-pay", "type": "clause", "offset": [566, 572]}, {"key": "expenses-and-compensation", "type": "clause", "offset": [606, 631]}], "samples": [{"hash": "iiE7S4p1Tzi", "uri": "/contracts/iiE7S4p1Tzi#voting-trusts", "label": "Agreement and Declaration of Trust (Pacific Select Fund)", "score": 23.7378501892, "published": true}, {"hash": "kPXd8UVJkPJ", "uri": "/contracts/kPXd8UVJkPJ#voting-trusts", "label": "Agreement and Declaration of Trust (Pacific Select Fund)", "score": 23.3189601898, "published": true}, {"hash": "c36Ec1ApIPd", "uri": "/contracts/c36Ec1ApIPd#voting-trusts", "label": "Agreement and Declaration of Trust (Pacific Select Fund)", "score": 23.0123195648, "published": true}], "hash": "0af873aa4335c434ae24f3eb6726579f", "id": 2}, {"snippet": "Except as consented to by the Company in writing, no ------------- Investor shall deposit any voting stock of the Company owned by it in a voting trust or subject any such stock to any similar arrangement or agreement with respect to the voting of such stock.", "size": 4, "snippet_links": [{"key": "in-writing", "type": "clause", "offset": [38, 48]}, {"key": "voting-stock-of-the-company", "type": "definition", "offset": [94, 121]}, {"key": "owned-by", "type": "definition", "offset": [122, 130]}, {"key": "voting-trust", "type": "clause", "offset": [139, 151]}, {"key": "with-respect-to", "type": "clause", "offset": [218, 233]}, {"key": "the-voting", "type": "clause", "offset": [234, 244]}], "samples": [{"hash": "2vySygK1haf", "uri": "/contracts/2vySygK1haf#voting-trusts", "label": "Common Stock and Warrant Purchase Agreement (Urogen Corp)", "score": 18.0, "published": true}, {"hash": "deyJvS4B7dB", "uri": "/contracts/deyJvS4B7dB#voting-trusts", "label": "Common Stock Purchase Agreement (Genstar Therapeutics Corp)", "score": 16.0, "published": true}, {"hash": "3JJfUUN4KBh", "uri": "/contracts/3JJfUUN4KBh#voting-trusts", "label": "Common Stock Purchase Agreement (Urogen Corp)", "score": 16.0, "published": true}], "hash": "21c176f4e8cb492b7699168b727ae023", "id": 5}, {"snippet": "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 of beneficial interests in the trust, 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. After filing a copy of the list and agreement in the Corporation's principal office, such copy shall be open to inspection by any shareholder of the Corporation or any beneficiary of the trust under the agreement during business hours. A voting trust is valid for not more than ten years after its effective date, provided that all or some of the parties to a voting trust may extend it for additional terms of not more than ten years each by signing an extension agreement and obtaining the voting trustee's written consent to the extension. An extension is valid for the period set forth therein, up to ten years, from the date the first shareholder signs the extension agreement. The voting trustee must deliver copies of the extension agreement and list of beneficial owners to the Corporation's principal office. An extension agreement binds only those parties signing it.", "size": 6, "snippet_links": [{"key": "a-trustee", "type": "clause", "offset": [66, 75]}, {"key": "the-right-to-vote", "type": "clause", "offset": [76, 93]}, {"key": "by-signing", "type": "clause", "offset": [121, 131]}, {"key": "an-agreement", "type": "clause", "offset": [132, 144]}, {"key": "setting-out", "type": "clause", "offset": [145, 156]}, {"key": "of-the-trust", "type": "clause", "offset": [172, 184]}, {"key": "consistent-with", "type": "clause", "offset": [213, 228]}, {"key": "to-the-trustee", "type": "clause", "offset": [272, 286]}, {"key": "voting-trust-agreement", "type": "clause", "offset": [295, 317]}, {"key": "trustee-shall", "type": "definition", "offset": [333, 346]}, {"key": "a-list", "type": "definition", "offset": [355, 361]}, {"key": "names-and-addresses", "type": "clause", "offset": [369, 388]}, {"key": "beneficial-interests-in-the-trust", "type": "clause", "offset": [406, 439]}, {"key": "number-and-class-of-shares", "type": "clause", "offset": [459, 485]}, {"key": "copies-of-the", "type": "clause", "offset": [529, 542]}, {"key": "to-the-corporation", "type": "clause", "offset": [562, 580]}, {"key": "principal-office", "type": "clause", "offset": [583, 599]}, {"key": "a-copy-of-the", "type": "clause", "offset": [614, 627]}, {"key": "of-the-corporation", "type": "clause", "offset": [743, 761]}, {"key": "beneficiary-of-the", "type": "clause", "offset": [769, 787]}, {"key": "the-agreement", "type": "clause", "offset": [800, 813]}, {"key": "during-business-hours", "type": "clause", "offset": [814, 835]}, {"key": "ten-years", "type": "clause", "offset": [879, 888]}, {"key": "effective-date", "type": "clause", "offset": [899, 913]}, {"key": "provided-that", "type": "clause", "offset": [915, 928]}, {"key": "of-the-parties", "type": "clause", "offset": [941, 955]}, {"key": "terms-of", "type": "definition", "offset": [1003, 1011]}, {"key": "extension-agreement", "type": "definition", "offset": [1055, 1074]}, {"key": "the-voting-trustee", "type": "clause", "offset": [1089, 1107]}, {"key": "consent-to", "type": "definition", "offset": [1118, 1128]}, {"key": "the-period", "type": "clause", "offset": [1170, 1180]}, {"key": "first-shareholder", "type": "definition", "offset": [1235, 1252]}, {"key": "beneficial-owners", "type": "clause", "offset": [1362, 1379]}], "samples": [{"hash": "bpe61UdbW6q", "uri": "/contracts/bpe61UdbW6q#voting-trusts", "label": "Bylaws (Display Technologies Inc)", "score": 18.0, "published": true}, {"hash": "aMy3KO4GHnj", "uri": "/contracts/aMy3KO4GHnj#voting-trusts", "label": "Bylaws (Gulf Coast Bancorp Inc)", "score": 18.0, "published": true}, {"hash": "7EzzB7r04m8", "uri": "/contracts/7EzzB7r04m8#voting-trusts", "label": "Bylaws (Centerstate Banks of Florida Inc)", "score": 18.0, "published": true}], "hash": "89fd2bd245c1c8a2e88583c27259af38", "id": 4}, {"snippet": "Except for the Members Agreement, Members are prohibited from entering into voting trust agreements with respect to their Units.", "size": 7, "snippet_links": [{"key": "members-agreement", "type": "definition", "offset": [15, 32]}, {"key": "entering-into", "type": "clause", "offset": [62, 75]}, {"key": "voting-trust-agreements", "type": "clause", "offset": [76, 99]}, {"key": "with-respect-to", "type": "clause", "offset": [100, 115]}], "samples": [{"hash": "dNdUT4cipmA", "uri": "/contracts/dNdUT4cipmA#voting-trusts", "label": "Limited Liability Company Agreement", "score": 32.5655937195, "published": true}, {"hash": "eWmv7BOCMGT", "uri": "/contracts/eWmv7BOCMGT#voting-trusts", "label": "Limited Liability Company Agreement", "score": 25.3504447937, "published": true}], "hash": "e603328de7a1c7d2a39010ead49f617e", "id": 3}, {"snippet": "etc To join with other holders of any securities or debt instruments in acting through a committee, depositary, voting trustee or otherwise, and in that connection to deposit any security or debt instrument with, or transfer any security or debt instrument to, any such committee, depositary or trustee, and to delegate to them such power and authority with relation to any security or debt instrument (whether or not so deposited or transferred) as the Trustees shall deem proper, and to agree to pay, and to pay, such portion of the expenses and compensation of such committee, depositary or trustee as the Trustees shall deem proper;", "size": 4, "snippet_links": [{"key": "holders-of", "type": "clause", "offset": [23, 33]}, {"key": "debt-instruments", "type": "definition", "offset": [52, 68]}, {"key": "a-committee", "type": "clause", "offset": [87, 98]}, {"key": "voting-trustee", "type": "definition", "offset": [112, 126]}, {"key": "to-delegate", "type": "clause", "offset": [308, 319]}, {"key": "power-and-authority", "type": "clause", "offset": [333, 352]}, {"key": "the-trustees", "type": "clause", "offset": [450, 462]}, {"key": "to-pay", "type": "clause", "offset": [495, 501]}, {"key": "expenses-and-compensation", "type": "clause", "offset": [535, 560]}], "samples": [{"hash": "jG7XssY4BOY", "uri": "/contracts/jG7XssY4BOY#voting-trusts", "label": "Master Trust Agreement (Usaa Mutual Funds Trust)", "score": 27.5735797882, "published": true}, {"hash": "iXvXvrWtdSY", "uri": "/contracts/iXvXvrWtdSY#voting-trusts", "label": "Master Trust Agreement (Usaa Mutual Funds Trust)", "score": 27.5735797882, "published": true}], "hash": "5f1c99de2d6e158819869c1288f7634f", "id": 6}, {"snippet": "Each of the Purchaser and the General Partner covenants and agrees that, until the Release Date occurs, no member of the Restricted Group shall deposit any Voting Securities of the Company into a voting trust or subject any Voting Securities of the Company to any arrangement or agreement with respect to the voting thereof.", "size": 3, "snippet_links": [{"key": "partner-covenants", "type": "clause", "offset": [38, 55]}, {"key": "release-date", "type": "definition", "offset": [83, 95]}, {"key": "no-member-of-the", "type": "clause", "offset": [104, 120]}, {"key": "restricted-group", "type": "definition", "offset": [121, 137]}, {"key": "securities-of-the-company", "type": "definition", "offset": [163, 188]}, {"key": "voting-trust", "type": "clause", "offset": [196, 208]}, {"key": "with-respect-to", "type": "clause", "offset": [289, 304]}, {"key": "the-voting", "type": "clause", "offset": [305, 315]}], "samples": [{"hash": "dlSvgr5tPnR", "uri": "/contracts/dlSvgr5tPnR#voting-trusts", "label": "Standstill Agreement (Moore Corporation LTD)", "score": 16.0, "published": true}, {"hash": "dlBWskjbgrT", "uri": "/contracts/dlBWskjbgrT#voting-trusts", "label": "Standstill Agreement (Chancery Lane/GSC Investors Lp)", "score": 16.0, "published": true}, {"hash": "b4RUCCgnlQA", "uri": "/contracts/b4RUCCgnlQA#voting-trusts", "label": "Standstill Agreement (Moore Corporation LTD)", "score": 16.0, "published": true}], "hash": "957ecfc01bccf60ddeed3fa3d25b2670", "id": 7}, {"snippet": "The Sinovac Shares are not subject to any -------------- voting trust agreement or other contract restricting or otherwise relating to the voting or disposition of the Sinovac Shares.", "size": 3, "snippet_links": [{"key": "subject-to", "type": "definition", "offset": [27, 37]}, {"key": "agreement-or", "type": "definition", "offset": [70, 82]}, {"key": "other-contract", "type": "definition", "offset": [83, 97]}, {"key": "relating-to", "type": "definition", "offset": [123, 134]}, {"key": "the-voting", "type": "clause", "offset": [135, 145]}, {"key": "disposition-of", "type": "clause", "offset": [149, 163]}], "samples": [{"hash": "a4ludDhmuYh", "uri": "/contracts/a4ludDhmuYh#voting-trusts", "label": "Share Purchase Agreement (Sinovac Biotech LTD)", "score": 16.0, "published": true}, {"hash": "68kHkTuCs7w", "uri": "/contracts/68kHkTuCs7w#voting-trusts", "label": "Share Purchase Agreement (Net Force Systems Inc)", "score": 16.0, "published": true}, {"hash": "5RjcfjV8DVW", "uri": "/contracts/5RjcfjV8DVW#voting-trusts", "label": "Share Purchase Agreement (Net Force Systems Inc)", "score": 16.0, "published": true}], "hash": "a97bb5edab60b1def27c98db02fc1135", "id": 8}, {"snippet": "Any number of Shareholders of the Corporation may create a voting trust for the purpose of conferring upon a trustee or trustees the right to vote or otherwise represent their shares, as provided by law. Where the counterpart of a voting trust agreement and the copy of the record of the holders of voting trust certificates has been deposited with the Corporation as provided by law, such documents shall be subject to the same right of examination by a Shareholder of the Corporation, in person or by agent or attorney, as are the books and records of the Corporation, and such counterpart and such copy of such record shall be subject to examination by any holder of record of voting trust certificates either in person or by agent or attorney, at any reasonable time for any proper purpose.", "size": 2, "snippet_links": [{"key": "number-of-shareholders", "type": "definition", "offset": [4, 26]}, {"key": "of-the-corporation", "type": "clause", "offset": [27, 45]}, {"key": "for-the-purpose-of", "type": "definition", "offset": [72, 90]}, {"key": "trustee-or-trustees", "type": "definition", "offset": [109, 128]}, {"key": "the-right-to-vote", "type": "clause", "offset": [129, 146]}, {"key": "provided-by-law", "type": "definition", "offset": [187, 202]}, {"key": "voting-trust-agreement", "type": "clause", "offset": [231, 253]}, {"key": "the-record", "type": "clause", "offset": [270, 280]}, {"key": "holders-of", "type": "clause", "offset": [288, 298]}, {"key": "voting-trust-certificates", "type": "clause", "offset": [299, 324]}, {"key": "subject-to-the", "type": "definition", "offset": [409, 423]}, {"key": "right-of-examination", "type": "clause", "offset": [429, 449]}, {"key": "a-shareholder", "type": "definition", "offset": [453, 466]}, {"key": "in-person", "type": "clause", "offset": [487, 496]}, {"key": "by-agent", "type": "clause", "offset": [500, 508]}, {"key": "books-and-records", "type": "clause", "offset": [533, 550]}, {"key": "record-of-voting", "type": "clause", "offset": [670, 686]}, {"key": "reasonable-time", "type": "clause", "offset": [755, 770]}, {"key": "proper-purpose", "type": "definition", "offset": [779, 793]}], "samples": [{"hash": "jrN8BQekO2J", "uri": "/contracts/jrN8BQekO2J#voting-trusts", "label": "Revolving Credit and Security Agreement (Neogenomics Inc)", "score": 21.6214923859, "published": true}, {"hash": "bGHJrcFCdsA", "uri": "/contracts/bGHJrcFCdsA#voting-trusts", "label": "Revolving Credit and Security Agreement (Neogenomics Inc)", "score": 19.1279945374, "published": true}], "hash": "8b3d9c719d0174e0083755005b523c9b", "id": 9}, {"snippet": "To join with other holders of any securities in acting through a committee, depository, voting trustee or otherwise, and in that connection to deposit any Security with, or transfer any Security to, any such committee, depository or trustee, and to delegate to them such power and authority with relation to any Security (whether or not so deposited or transferred) as the Trustees shall deem proper, and to agree to pay, and to pay, such portion of the expenses and compensation of such committee, depository or trustee as the Trustees shall deem proper;", "size": 2, "snippet_links": 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"ClYSUGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjILEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhZ2b3RpbmctdHJ1c3RzIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"children": [], "size": 128, "parents": [["covenants", "Covenants"], ["powers-of-trustees", "Powers of Trustees"], ["duration", "DURATION"], ["miscellaneous", "Miscellaneous"], ["covenants-of-shareholder", "Covenants of Shareholder"]], "title": "Voting Trusts", "id": "voting-trusts", "related": [["voting-trust", "Voting Trust", "Voting Trust"], ["voting-trusts-etc", "Voting Trusts, etc", "<strong>Voting Trusts</strong>, etc"], ["no-voting-trusts", "No Voting Trusts", "No <strong>Voting Trusts</strong>"], ["voting", "Voting", "Voting"], ["trusts", "Trusts", "Trusts"]], "related_snippets": [], "updated": "2025-07-15T00:51:33+00:00", "also_ask": ["What key protections should be included to prevent abuse of trustee powers in a voting trust?", "How can parties negotiate voting trust duration and termination rights to balance control and flexibility?", "What are the main legal risks if the voting trust is challenged for enforceability in court?", "How do voting trust requirements differ across major jurisdictions or under different corporate statutes?", "What are the most common drafting pitfalls that could render a voting trust invalid or ineffective?"], "drafting_tip": "Specify the duration and powers of the voting trust to ensure clarity of authority; identify beneficiaries and trustees to prevent disputes; require written agreements to ensure enforceability.", "explanation": "A Voting Trusts clause establishes an arrangement where shareholders transfer their voting rights to a trustee for a specified period. In practice, this means that the trustee votes on behalf of the shareholders according to the terms of the trust, often to consolidate voting power or ensure unified decision-making in corporate matters. This clause is primarily used to centralize control over corporate decisions, prevent hostile takeovers, or resolve disputes among shareholders by streamlining the voting process."}, "json": true, "cursor": ""}}