Voting or Control Clause Samples

The 'Voting or Control' clause defines how decision-making authority is distributed among parties within an organization or agreement. It typically outlines the allocation of voting rights, the procedures for casting votes, and the thresholds required for decisions to be approved, such as majority or supermajority requirements. This clause ensures clarity in governance by specifying who has the power to influence or control key actions, thereby preventing disputes and facilitating smooth organizational operations.