EXHIBIT F
VOTING AGREEMENT AND PROXY
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For the purpose of inducing NR2 Holdings Limited, a company organized under
the laws of the Cayman Islands, DB Capital Investors, L.P., a Delaware limited
partnership, X.X. Xxxxxx Capital Corporation, a Delaware corporation, Sixty Wall
Street Fund, L.P., a Delaware limited partnership (together, the "Purchasers")
and NationsRent, Inc., a Delaware corporation ("NRI"), to enter into a Preferred
Stock Purchase Agreement (the "Purchase Agreement") among the Purchasers and
NRI, pursuant to which NRI will agree to issue to the Purchasers, and the
Purchasers will agree to purchase from NRI, subject to the conditions set forth
therein, an aggregate of 100,000 shares of Series B Convertible Preferred Stock,
par value $.01 per share, of NRI (the "Preferred Stock") for an aggregate
purchase price of $100 million, the undersigned stockholder of NRI:
(a) hereby agrees that, at any meeting of NRI's stockholders called for
the purpose of acting upon approval of the transaction contemplated by
the Purchase Agreement (the "Transaction"), and at any adjournment or
postponement thereof, or in connection with any written consent of
NRI's stockholders in lieu of such a meeting, the undersigned will
vote all shares of capital stock of NRI owned or controlled by the
undersigned, whether now owned or controlled or hereafter acquired or
controlled (the "Shares"), in favor of (i) approval of the
Transaction, (ii) approval of the issuance of Common Stock of NRI
("Common Stock") upon conversion of the Preferred Stock and (iii)
approval of the issuance of Common Stock or securities convertible
into or exercisable for Common Stock to the holders of the Preferred
Stock or their transferees upon exercise of their preemptive rights;
and
(b) hereby appoints Xxxx X. Xxxxxx and Xxxxxx X. Xxxxxxxx, and each of
them, as the proxy of the undersigned, each with full power of
substitution, and with NRI also having full power of substitution, to
vote all of the Shares on behalf of the undersigned at any meeting of
stockholders of NRI called for the purpose of acting upon the
Transaction, and at any adjournment or postponement thereof, with the
same force and effect as such vote would have if the undersigned were
personally present at such meeting, in accordance with paragraph (a)
above.
This proxy, being coupled with an interest, is irrevocable. The
undersigned agrees that in connection with any transfer of any of the Shares by
the undersigned, it will obtain from the transferee and deliver to the
Purchasers an executed Voting Agreement and Proxy in the form hereof. The
undersigned acknowledges that NRI has agreed not to permit any such transfer
unless the undersigned has complied with the foregoing requirements. This
Agreement shall terminate and the proxy granted hereby shall expire upon the
earlier of (a) termination of the Purchase Agreement in accordance with its
terms or (b) the consummation of the Second Closing (as defined in the Purchase
Agreement).
IN WITNESS WHEREOF, the undersigned has executed this Voting Agreement and
Proxy as of this 2nd day of August, 2000.
NR Holdings Limited
By: /s/ Xxxxxxxx Xxxxxxxxx
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Name: The Director Ltd.
Title: Director
