Common use of Rights and Duties of Trustee Clause in Contracts

Rights and Duties of Trustee. The trustee will have full power to vote, consent, and otherwise exercise all the voting rights in respect of the Shares held by it hereunder as the Trustee, in its sole discretion deems advisable. The Trustee will not be liable for any act or failure to act arising hereunder.

Appears in 5 contracts

Sources: Voting Trust Agreement (Opti-Harvest, Inc.), Voting Trust Agreement (Opti-Harvest, Inc.), Voting Trust Agreement (Opti-Harvest, Inc.)

Rights and Duties of Trustee. The trustee Trustee will have full power to vote, consent, and otherwise exercise all the voting rights in respect of the Shares held by it hereunder as the Trustee, in its sole discretion deems advisableand the Trustee shall vote the Shares as directed by a majority of the Board of Directors of the Company. The Trustee will not be liable for any act or failure to act arising hereunder. Trustee hereby agrees to vote the Shares as determined by Trustee without consultation with or direction from Stockholder.

Appears in 1 contract

Sources: Voting Trust Agreement (High Speed Net Solutions Inc)

Rights and Duties of Trustee. The trustee Trustee will have full power to vote, consent, and otherwise exercise all the voting rights in respect of the Shares held by it hereunder as the Trustee, in its sole discretion deems advisable. The Trustee will not be liable for any act or failure to act arising hereunder. Trustee hereby shall have the right to vote the Shares as determined by Trustee in his sole discretion.

Appears in 1 contract

Sources: Voting Trust Agreement (Compuprint Inc)