Shareholder Revocable Proxy

Bahman Eslamboly

Form reviewed by Bahman Eslamboly, Attorney at FindLegalForms

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A proxy is a written document whereby one person gives another the authority to vote in his stead, in this case at the shareholders meeting. This type of arrangement is used by shareholders who are unable or unwilling to attend the shareholder meeting. The shareholder giving the proxy may indicate how he wants the proxy holder to vote. This proxy may be revoked by the shareholder by providing written notice. A written Revocation of Proxy Notice is included.

This attorney-prepared packet contains:
  1. Instructions and Checklist;
  2. Information about the Revocable Proxy;
  3. Revocable Proxy; and
  4. Revocation of Proxy Notice
State Law Compliance: Designed for use in all states

Shareholder Revocable Proxy

Product Details

Product Shareholder Revocable Proxy
Country United States
Pages 4
Dimensions Designed for Letter Size (8.5" x 11")
Printer compatibility Designed to print on all ink-jet and laser printers
Editable Yes (.doc, .wpd and .rtf)
Format Microsoft Word
Adobe PDF
WordPerfect
Rich Text Format
Platform Windows Compatible
Mac Compatible
Linux Compatible
Availability In Stock. Instant Download
Usage Unlimited number of prints
Category Shareholder Proxy
Product number #21895
Download time Less than 1 minute (approx.)
Document Access Via secret online address
Email with download links
Email with attachment upon request
Refund Policy 60 days, no-questions asked, 100% money back guarantee

Frequently Asked Questions

A revocable proxy is a legal document that allows a shareholder to authorize another person to vote on their behalf at a shareholders meeting. This document can be revoked at any time by the shareholder through written notice.

To complete a revocable proxy, you need to fill out the designated form, specifying the name of the proxy holder and any voting instructions you wish to provide. It is important to sign and date the document to validate it.

Yes, a shareholder can revoke their proxy at any time by providing written notice to the proxy holder or the corporation. This ensures that the shareholder retains control over their voting rights.

Yes, this revocable proxy is designed for use in all states, ensuring compliance with varying state laws regarding shareholder voting and proxy representation.

If a shareholder does not submit a proxy and cannot attend the meeting, they will forfeit their right to vote on the matters discussed. This could impact important corporate decisions.

You can appoint any individual you trust as your proxy holder, such as a family member, friend, or colleague. It is advisable to choose someone who is knowledgeable about the issues being voted on.

Yes, the shareholder can provide specific instructions on how the proxy holder should vote on particular issues. If no instructions are given, the proxy holder may vote at their discretion.

If your appointed proxy holder is unable to attend the meeting, the proxy may become invalid unless you have designated an alternative proxy or have provided instructions for such situations.

Is This Form Right For You?

Use This Form If:

  • Individuals who are unable to attend a shareholders meeting due to scheduling conflicts can utilize a revocable proxy to ensure their voting rights are exercised. By designating a proxy holder, they can communicate their preferences on key issues and maintain their influence in corporate decisions.
  • Situations requiring a shareholder to delegate voting authority often arise in large corporations where attendance at meetings is impractical. In such cases, shareholders can use the revocable proxy to appoint someone they trust to vote on their behalf, ensuring their interests are represented even in their absence.
  • For those who may have last-minute emergencies or travel plans that conflict with a shareholders meeting, a revocable proxy offers a solution. It allows them to pre-emptively assign their voting rights to another party, thus safeguarding their ability to influence corporate governance without being physically present.
  • Shareholders looking to ensure their votes are counted during important decisions, such as mergers or acquisitions, may find this form essential. By submitting a revocable proxy, they can specify how they wish their proxy holder to vote, thereby actively participating in pivotal corporate matters.
  • In instances where shareholders are uncertain about their ability to attend future meetings, they can proactively complete a revocable proxy. This not only provides peace of mind but also ensures that their voting preferences are articulated and respected, regardless of their attendance status.

Do Not Use If:

  • – This form is not appropriate for shareholders who wish to vote in person at the meeting. If attendance is possible, it is advisable to participate directly rather than appoint a proxy.
  • – In cases where a shareholder has already submitted a proxy and wishes to vote differently, they should revoke the previous proxy before submitting a new one. Using multiple proxies can lead to confusion and invalidation of votes.
  • – If a shareholder is contesting the validity of a proxy or involved in a proxy dispute, this form should not be used. Legal counsel should be sought to address such complex situations.
  • – For shareholders who are not yet eligible to vote, such as those who have not held shares for the required period, using a revocable proxy would be unnecessary and inappropriate.
  • – This form should not be used in situations where the shareholder is incapacitated or unable to make informed decisions. In such cases, legal guardianship or other legal arrangements may be necessary.

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