Voting Trust Agreement

Quebec English Civil law Unannotated

Voting Trust Agreement

  1. Documents

  2. Convention de vote fiduciaire Convention de vote fiduciaire

    B02700 -
    Quebec French Civil law Unannotated

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  3. Benchmarking Grid - Voting Trust... Benchmarking Grid - Voting Trust Agreement

    B02701a -
    Quebec English Civil law Unannotated

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    $19.99

  4. Convention de vote fiduciaire Convention de vote fiduciaire

    B02700n -
    Quebec French Civil law Annoted

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  5. $19.99

  6. Voting Trust Agreement Voting Trust Agreement

    B02700a -
    Quebec English Civil law Unannotated

    $74.99

    $74.99

Voting Trust Agreement

A voting trust agreement is recognized under the Civil Code of Québec and used to pre-determine how the voting rights of certain shares will be exercised for the purposes of a block vote. Under such an agreement, certain shareholders will undertake to transfer their shares to the trustee, who in turn will issue a certificate in exchange for those shares and later return the certificates to the shareholders at the end of the term of the agreement.

Voting Trust Agreement

We recommend using this agreement when it is important for the parties to consolidate the voting power of certain shareholders, to be exercised through a single proxy.

Voting Trust Agreement

RECITALS
0.00 INTERPRETATION
0.01 Definitions
0.01.01 Activities
0.01.02 Agreement
0.01.03 Breach
0.01.04 Claim
0.01.05 Confidential Information
0.01.06 Deposited Shares
0.01.07 Dispute
0.01.08 Encumber or Encumbrance
0.01.09 Force Majeure
0.01.10 Law
0.01.11 Legal Representatives
0.01.12 Loss
0.01.13 PARTY
0.01.14 Person
0.01.15 Prime Rate
0.01.16 Share Certificate
0.01.17 Voting Trust Certificate
0.02 Entire Agreement
0.03 Applicable Law
0.04 Non-Compliance
0.04.01 Severability
0.04.02 Substitute Provision
0.05 Miscellaneous
0.05.01 Cumulative Rights
0.05.02 No Waiver
0.05.03 Time and Days
a) Time of the Essence
b) Computation of Time
c) Delays
0.05.04 Financial References
0.05.05 Cross-References
0.05.06 Gender and Number
0.05.07 Headings
0.05.08 Knowledge
0.05.09 Approval
0.05.10 Accounting Standards
1.00 PURPOSE
1.01 Creation of Voting Trust
1.02 Appointment of TRUSTEE
1.02.01 Voting Right
1.02.02 Vacancy
a) Resignation
b) Incapacity
c) Replacement
d) Condition Precedent
e) Share Certificates
1.03 Voting Trust Certificate
1.03.01 Issuance
1.03.02 Proportion
1.03.03 Replacement
1.04 Delivery of Share Certificates
1.05 Separate Patrimony
2.00 GOVERNANCE OF VOTING TRUST
2.01 Register of Voting Trust Certificate Holders
2.02 Transfer
2.02.01 Prohibition
2.02.02 Exception
2.03 Additional Shares
2.03.01 Share Subscription
2.03.02 Deposit with TRUSTEE
2.03.03 Share Certificates
2.03.04 Voting Trust Certificate
2.03.05 Exception
2.04 Dividends and Distribution of Assets
2.05 Expert
2.06 Application of Agreement
3.00 SECURITY
4.00 MUTUAL REPRESENTATIONS AND WARRANTIES
4.01 Status
4.02 Authority
4.03 Binding Agreement
4.04 Resident in Canada
4.05 Canadian Status
4.06 Commission
4.07 Insurance
4.08 Nominee
4.09 Independent Legal Advice
4.10 Fundamental Provisions
4.11 Disclosure
4.12 Legal Proceedings
5.00 REPRESENTATIONS AND WARRANTIES OF SHAREHOLDERS AND CORPORATION
5.01 Ownership
5.02 Issue or Transfer
5.03 Encumbrances
5.04 Assignment
5.05 Dividend
5.06 Dilution
6.00 REPRESENTATIONS AND WARRANTIES OF TRUSTEE
6.01 Conflict of Interest
7.00 MUTUAL DUTIES AND OBLIGATIONS
7.01 Confidential Information
7.01.01 Undertaking
7.01.02 Duration of Undertaking
7.01.03 End of Agreement
a) Request for Return
b) Destruction
7.01.04 Penalty
7.02 Insurance
7.02.01 Insured Risks
7.02.02 Amount of Coverage
7.02.03 Insurer
7.02.04 Prior Notice
7.02.05 Additional Named Insured
7.02.06 Certificates of Insurance
7.02.07 Notice of Modification or Cancellation
7.02.08 Scope of Liability
7.03 Continuation of Representations and Warranties
7.04 Indemnification
7.04.01 Undertaking
a) Definition
b) Scope
7.04.02 Procedure
7.04.03 Third-Party Claim
7.04.04 Duration of Representations and Warranties
7.04.05 Limitation
7.05 Disclosure of Agreement
7.05.01 Undertaking
7.05.02 Public Announcement
7.05.03 Exception
7.05.04 Default
7.06 Further Assurances
8.00 DUTIES AND OBLIGATIONS OF SHAREHOLDERS
8.01 Waiver
8.02 Compensation of TRUSTEE
9.00 DUTIES AND OBLIGATIONS OF TRUSTEE
9.01 Non-Competition
9.01.01 Undertaking
a) Definition
b) Scope
9.01.02 Breach of Undertaking
a) Automatic Penalty
b) Payment
c) Protective Measures
9.01.03 Reasonableness of Clause
9.02 Non-Solicitation of Personnel
9.02.01 Scope of Undertaking
9.02.02 Breach of Undertaking
a) Automatic Penalty
b) Payment
c) Protective Measures
9.03 Non-Solicitation of Clients
9.03.01 Scope of Undertaking
a) Definitions
b) Scope
9.03.02 Breach of Undertaking
a) Automatic Penalty
b) Payment
c) Protective Measures
9.04 Limitation on Liability
9.05 Voting Rights
9.05.01 Exercising Rights
9.05.02 Instructions (only if corporation does not have other shareholders)
9.06 Parity
10.00 SPECIAL PROVISIONS
10.01 Assignment
10.01.01 Prohibition
10.01.02 Reasonable Cause
10.01.03 Effect of Breach
10.01.04 Exception
10.02 Force Majeure
10.02.01 Limitation on Liability
10.02.02 Duty
10.02.03 Right of Other PARTY
10.03 Relationship Between the PARTIES
11.00 GENERAL PROVISIONS
11.01 Notices
11.02 Dispute Resolution
11.02.01 Good Faith Negotiations
a) Written Notice
b) Meeting
c) Legal Proceedings
d) Protective Measures
11.02.02 Mediation
a) Process
b) Settlement
c) Arbitration [OR Legal Proceeding]
11.02.03 Arbitration Procedure (if V1 of 12.02.02 c) applies)
a) Notice
b) Reply
c) Appointment of a Third Arbitrator
d) Subcontracts
e) Confidentiality
f) Hearing
g) Ruling
h) Costs
i) Supplementary Rules
11.03 Choice of Forum
11.04 Counterparts
11.05 Amendment
11.06 No Waiver of Rights
11.07 Electronic Transmission
11.08 Language
12.00 TERMINATION
12.01 Expiry of Term
12.02 Mutual Consent
12.03 Event of Default
12.03.01 Without Notice
12.03.02 With Prior Notice
12.03.03 Change in Control
12.04 Release of Share Certificates
12.04.01 Undertaking
12.04.02 Conditions
13.00 EFFECTIVE DATE
14.00 DURATION
14.01 Initial Term
14.02 Renewal
14.02.01 First Renewal
14.02.02 Subsequent Renewals
14.03 Non-Renewal
14.04 Survival
15.00 SCOPE
15.01 PARTIES
15.02 Previous Agreements

SCHEDULE A – EXCERPT OF THE RESOLUTION OF SHAREHOLDER A
SCHEDULE B – EXCERPT OF THE RESOLUTION OF SHAREHOLDER B
SCHEDULE C – EXCERPT OF THE RESOLUTION OF SHAREHOLDER C
SCHEDULE D – EXCERPT OF THE RESOLUTION OF TRUSTEE
SCHEDULE 0.01.06 – DEPOSITED SHARES
SCHEDULE 1.03.01 – VOTING TRUST CERTIFICATE
SCHEDULE 9.01.01 – NON-COMPETITION - TERRITORY
SCHEDULE 9.03.01 A – NON-SOLICITATION - CLIENTS
SCHEDULE 9.03.01 B – NON-SOLICITATION - PRODUCTS AND SERVICES
SCHEDULE 9.05.01 – VOTING RIGHTS

 

 

Voting Trust Agreement

  1. Documents

  2. Convention de vote fiduciaire Convention de vote fiduciaire

    B02700 -
    Quebec French Civil law Unannotated

    $74.99

    $74.99

  3. Benchmarking Grid - Voting Trust... Benchmarking Grid - Voting Trust Agreement

    B02701a -
    Quebec English Civil law Unannotated

    $19.99

    $19.99

  4. Convention de vote fiduciaire Convention de vote fiduciaire

    B02700n -
    Quebec French Civil law Annoted

    $124.99

    $124.99

  5. $19.99

  6. Voting Trust Agreement Voting Trust Agreement

    B02700a -
    Quebec English Civil law Unannotated

    $74.99

    $74.99