Keep me logged in until I sign out. Shareholders may choose to pool their votes for a particular goal. Voting agreements may specify that the involved shareholders will vote their shares together or cooperatively.
Courts usually uphold shareholder voting agreements as long as they relate to voteable issues.
They also agree that if they are outvoted, they will try to convince the company to pay Arlene less than the other directors. The first part of the agreement is valid because it relates to an issue on which Connie and Val can vote. The second portion can not be enforced as a shareholder voting agreement because Arlene's pay is within the discretion of the board of directors and will not come up for shareholder vote. Voting pools may specify exactly how the participating shares should be voted, or they may allow for negotiation and agreement for each individual issue. Many voting pools include an alternative dispute resolution procedure for reaching agreement on such issues.