Agreement proxy 2025

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The document is an Agreement and Irrevocable Proxy between a Stockholder and Wiser Investment Company, LLC, dated December 13, 1999. It outlines the terms under which the Stockholder agrees to vote in favor of certain transactions related to the purchase of shares of Wiser Oil Company by WIC. The agreement includes provisions for granting an irrevocable proxy to WIC, revoking previous proxies, and ensuring that the Stockholder will not take actions contrary to the interests of WIC regarding the shares. It also details representations and warranties made by the Stockholder, termination conditions, and legal governance.

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What does agree by proxy mean?

A proxy agreement is an agreement that grants authority to an individual to do legal tasks for another individual. An example of this would be when a shareholder assigns permission to a person to vote on their behalf.

What is a proxy agreement?

For certain routine matters to be voted upon at shareholder meetings, if you dont vote by proxy or at the meeting in person, brokers may vote on your behalf at their discretion. These votes may also be called uninstructed or discretionary broker votes.

What does it mean to say by proxy?

(prɒksi ) uncountable noun. If you do something by proxy, you arrange for someone else to do it for you. Those not attending the meeting may vote by proxy.

What happens if you dont vote proxy?

Proxy means something like ``a thing which acts on behalf of another thing. Its an english word, rather than an IT word. For example, voting by proxy is when you ask someone else to vote in your place, usually because you trust their decisions.

What does a proxy contract mean?

A proxy contract is a smart contract design pattern that allows for upgradability and modifiability of the contract logic while preserving the contracts state and address. The proxy contract acts as an intermediary that delegates calls to an implementation contract where the actual logic resides.