EXHIBIT 3.2
VOTING AGREEMENT
THIS VOTING AGREEMENT, dated as of the 21 of July, 2000, by and
between DARIEN DASH ("Dash") and Xxxxxx X. X'Xxxxxx ("Investor").
W I T N E S S E T H:
WHEREAS, Dash is the Chief Executive Officer of DME Interactive
Holdings, Inc. ("DME"), and
WHEREAS, DME, contemporaneously with the execution hereof, is granting
to Investor newly issued shares of DME pursuant to the terms and conditions of a
certain Security Exchange Agreement, dated as of the date hereof, between DME
and Investor;
WHEREAS, Dash and Investor desire to enter into this Voting Agreement
in order to provide for the voting of the Investor's shares referenced in the
Stock Grant Agreement, dated as of the date hereof, between DME and Investor.
NOW, THEREFORE, the parties hereto agree as follows:
1. VOTING AGREEMENT STOCK. This Agreement shall be applicable to all
of the newly issued shares referenced above (the "Voting Agreement Stock").
2. DASH'S VOTING RIGHT. Investor hereby grants to Dash, and
Dash shall have, until such right expires as provided herein, the sole and
exclusive right to vote all of the Voting Agreement Stock in whatever manner he
may deem appropriate in his absolute discretion, without consultation with or
accounting to Investor, except with respect to any transaction involving DME and
any person or entity that controls, is controlled by, or is under common control
with Dash or any of his affiliates, provided that Dash notifies Investor prior
to any applicable vote of (1) the issue upon which the vote is to be cast and
(2) the vote Dash intends to cast (the notice as it pertains to the intended
vote is not binding). Investor hereby agrees to take such steps as may be
necessary or appropriate, or as may be reasonably requested by Dash, from time
to time during the term hereof, to effectuate and facilitate the foregoing
voting rights of Dash with respect to the Voting Agreement Stock. Investor
hereby agrees to refrain from exercising any voting rights (including, without
limitation, any rights to execute a shareholder consent or similar action) with
respect to the Voting Agreement Stock, except as may be expressly authorized by
Dash, or as otherwise provided herein.
3. TERMINATION. This Voting Agreement and the rights of Dash under
Section 1 hereof shall expire upon the earlier of the following: (1) the
registration of the Voting Agreement Stock; (2) Dash's departure, for any
reason, as an executive or member of the board of directors of DME; (3) the
decrease in Dash's aggregate voting rights to equal or be less than five percent
(5%) of all outstanding DME common stock.
4. GENERAL.
4.1 LEGEND. Investor shall cooperate with Dash to cause an
appropriate legend referring to this Voting Agreement to be placed on the
certificates representing the Voting Agreement Stock, in addition to any other
required legends.
4.2 GOVERNING LAW. This Agreement shall be governed by and construed
in accordance with the laws of the State of New York.
4.3 NOTICES. All notices hereunder shall be validly given and
furnished if in writing and delivered personally or by United States mail or
recognized air courier, addressed as follows:
If to Dash:
Darien Dash
DME Interactive Holdings, Inc.
000 Xxxxxxxx Xxxxxx
Xxxxxxxxx Xxxxxx, XX 00000
If to Investor, to the address below set forth.
4.4 ENTIRE AGREEMENT. The parties hereto acknowledge that this
Agreement constitutes the entire agreement among the parties with respect to the
subject matter hereof and supersedes all prior agreements and understandings
between them as to such subject matter; and there are no restrictions,
agreements or arrangements, whether oral or written, between the parties
relating to the subject matter hereof which are not fully expressed or referred
to herein.
4.5 AMENDMENTS. This Agreement may not be amended nor shall any
waiver, change, modification, consent or discharge be effected, except by an
instrument in writing executed by or on behalf of the party or parties against
whom enforcement of such amendment, waiver, change, modification, consent or
discharge is sought.
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4.6 ASSIGNMENT. This Agreement shall not be assignable by either
party hereto without the express prior written consent of the other party
hereto.
IN WITNESS WHEREOF, the parties hereto have executed this Voting
Agreement as of the date first above written.
Xxxxxx X. X'Xxxxxx Darien Dash
/s/XXXXXX X'XXXXXX /s/DARIEN DASH
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Address: Xxxxxx X. X'Xxxxxx
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