Common use of Rights of Voting Trustee Clause in Contracts

Rights of Voting Trustee. Except as otherwise provided in this Agreement, the Voting Trustee shall be entitled to exercise, in his uncontrolled discretion, all rights and powers of every kind and nature with respect to the shares of Stock, including: (a) the right to collect all dividends payable on any of the shares of Stock which shall be promptly distributed in accordance with the provisions of the applicable Voting Trust Certificate; and (b) the right to vote the shares for every purpose and to consent to every and any corporate act of the Corporation or its shareholders.

Appears in 4 contracts

Samples: Voting Trust Agreement (Koss Corp), Voting Trust Agreement (Koss Corp), Voting Trust Agreement (Koss John C Jr)

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