Form Overview
The Voting Agreement documents an agreement between two shareholders exercising majority voting control to vote each other to the board of directors of the corporation. The commitment of shareholder ONE to vote in favor of shareholder TWO election to the board serves as consideration under the contract for the reverse commitment of shareholder TWO to vote in favor of the election of shareholder ONE. Florida statutes allow for specific enforcement of the contract, entitling each shareholder to enforce the voting as long as the contract is valid. A comprehensive arbitration clause is included. This arrangement is subject to state law and you will want to consult with local counsel before finalizing your voting agreement draft. You can find answers to your questions using our extensive library of
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