Proxy Agreement

A proxy agreement, also known as a proxy contract, is a contract that allows one party to conduct legal tasks on behalf of another party.

For example, a stockholder may permit another person to vote for them at a stockholder's meeting that they cannot attend. The two parties would sign a proxy agreement that provides legal documentation that one party authorizes their voting rights to another party for a specified time.

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What Is a Proxy Agreement?

A proxy agreement, also known as a proxy contract, is a contract that allows one party to conduct legal tasks on behalf of another party.

For example, a stockholder may permit another person to vote for them at a stockholder's meeting that they cannot attend. The two parties would sign a proxy agreement that provides legal documentation that one party authorizes their voting rights to another party for a specified time.

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