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LSDefine

Simple English definitions for legal terms

shareholder-control agreement

Read a random definition: muniment house

A quick definition of shareholder-control agreement:

A shareholder-control agreement, also known as a pooling agreement, is a contract between corporate shareholders that states their shares will be voted together as a unit. This means that the shareholders agree to vote in a unified manner, rather than individually, on important corporate decisions. It is also referred to as a voting agreement or shareholder voting agreement.

A more thorough explanation:

A shareholder-control agreement, also known as a pooling agreement or voting agreement, is a contract between corporate shareholders that stipulates their shares will be voted as a single unit. This agreement is typically used to consolidate voting power and ensure that a specific outcome is achieved during a corporate decision-making process.

For example, if a group of shareholders collectively owns a majority of a company's shares, they may enter into a shareholder-control agreement to ensure that they vote together on important matters such as electing board members or approving mergers and acquisitions.

Another example could be a group of investors who pool their resources to acquire a controlling interest in a company. They may use a shareholder-control agreement to ensure that they vote in a unified manner to protect their investment and achieve their desired outcomes.

These examples illustrate how a shareholder-control agreement can be used to consolidate voting power and ensure that shareholders with a common interest can work together to achieve their goals.

shared residency | shareholder oppression

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im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
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