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Now Previewing: Voting Trust Agreement
About This DocumentA Voting Trust Agreement is an agreement whereby a voting trust is created and the shares and voting rights of one or more shareholders are legally transferred to a trustee for a certain period of time. In most Voting Trust Agreements, the trustee has additional powers such as the ability to transfer the shares. Once the trust’s term naturally expires, the shares held by the trustee are transferred back to the shareholders. This Agreement can be used by the shareholders of a corporation that want to transfer their shares, and their voting rights, to a trustee.