Shareholder Voting Agreement
(Transfer of Shares Restriction, Right to Purchase Shares of Deceased Shareholder) (NY Corporation)

Summary

This template Shareholder Voting Agreement (Transfer of Shares Restriction, Right to Purchase Shares of Deceased Shareholder) (NY Corporation) between a New York corporation and its shareholders restricts the transferability of the shareholders’ shares. This template includes practical guidance and drafting notes. It is intended that this agreement would be entered into by the corporation and all of the corporation’s shareholders, and the agreement is also premised on the contention that it is in the best interests of all the parties to have procedures and restrictions in place with respect to the shareholders rights and ability to transfer their shares in the Corporation. The agreement provides procedures for the mandatory and optional repurchase of shares by the Corporation under certain circumstances For a full listing of key content covering New York corporate formation, organization, maintenance, ownership, management, and dissolution, see Corporation Resource Kit (NY). For more information, see Corporation Stock and Stockholders (NY Corporation).