Force the Vote | Practical Law

Force the Vote | Practical Law

Force the Vote

Force the Vote

Practical Law Glossary Item 3-383-2187 (Approx. 2 pages)

Glossary

Force the Vote

A clause in an acquisition or merger agreement that requires the board of directors of the target company to submit the proposed transaction to a vote of the stockholders of the target company even if the board of directors no longer considers the transaction advisable.
For more information on force the vote provisions, see Practice Note, What's Market: Force the Vote.