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Model Voting Agreement

This page previews the Model Voting Agreement and the fields it contains. NVCA provides the official Word document — download it from the source linked on this page, then fill it in.

NVCA model documents are freely downloadable but not redistributable. This field-selector contains only transformation instructions, not the source document.

Cover page fields

FieldDescriptionOptions
Company NameFull legal name of the company
Investor NameFull name of the lead investor
Key Holder NameName of the key holder (typically founder/CEO)
Preferred Director Eligibility BasisSelect whether the preferred-director designation right continues based on a minimum share count or a minimum as-converted ownership percentage
  • Minimum share count
  • Minimum as-converted percentage
Preferred Director Minimum SharesMinimum Preferred Stock shares required when preferred_director_eligibility_basis is minimum_shares (number only); otherwise leave empty
Preferred Director Minimum PercentageMinimum as-converted ownership percentage required when preferred_director_eligibility_basis is minimum_percentage (number only, for example, 5); otherwise leave empty
Requisite Holders StandardSelect whether Requisite Holders is an exact percentage threshold or a simple majority
  • Percentage
  • Majority
Requisite Holders PercentageBare percentage number used when requisite_holders_standard is percentage (for example, 60; do not include the percent sign)
Board SizeAuthorized number of Board seats under the agreed post-closing board structure (number only)
Vacant Board Seats At ClosingNumber of authorized Board seats intentionally vacant at the Closing (number only)
Common Director DesignationSelect whether the Common Director is designated by the Qualified Key Holders or is a named director whose service is employment-contingent
  • Qualified Key Holders designate
  • Named service-contingent director
Preferred Director NameInitial preferred director named in the selected board-composition provision
Common Director NameInitial common director, used in both the Qualified Key Holder designation and named-director alternatives
Ceo Director NameChief Executive Officer serving as the initial CEO Director
Mutual Director NameInitial independent mutual director designated by the other seated directors
Include Qualified Direct Listing TerminationWhether a Qualified Direct Listing terminates the agreement alongside an underwritten public offering
  • Qualified Direct Listing
Sale Section 3 SurvivesWhether Section 3 survives a Sale of the Company to the extent needed to enforce that sale
  • Sale survival
Termination Date ModeSelect whether the agreement has an additional fixed calendar termination date
  • Fixed termination date
Fixed Termination DateAdditional calendar termination date; required only when termination_date_mode is fixed_date
Effective DateEffective date of the agreement ("is made as of <date>"). Accepts ISO YYYY-MM-DD (rendered as e.g. "March 15, 2026") or a display-ready date string.
Has Prior AgreementWhether this agreement amends and restates an expressly identified predecessor Voting Agreement
  • Include predecessor supersession clause
Prior Agreement DateDate of the predecessor Voting Agreement; used only when has_prior_agreement is true
Company CounselCompany counsel name and address
Judicial DistrictFederal judicial district for disputes (e.g. District of Delaware)
State Of IncorporationState of incorporation (proper noun, e.g. Delaware); also names the state courts in the dispute-resolution clause
Specify PercentagePercentage threshold for drag-along and amendment provisions, as a number only (for example, 60)
Amended Restated UpperAMENDED AND RESTATED or empty string
Amended RestatedAmended and Restated or empty string
Signature Page MarkerSignature page marker text
Series DesignationSeries designation for preferred stock (e.g., A, B, C), matching the charter and stock purchase agreement
Par ValuePar value per share of common and preferred stock (number only, e.g. 0.0001 — the document supplies the dollar sign)
Qualified Key Holder Service BasisService qualification used in the Qualified Key Holder definition
  • Employee_only
  • Employee_or_consultant
Common Director Amendment Consent BasisSelect whether the Common Director amendment protection is approved by Qualified Key Holders or a specified percentage of Common Stock holders
  • Qualified_key_holders
  • Common_stock_percentage
Drag Approval ModeApprovals required in addition to the Selling Investors for a drag-along
  • Selling_investors_only
  • Plus_key_holders
  • Plus_board
  • Plus_key_holders_and_board
Drag Selling Investor BasisSecurities used for the Selling Investor approval numerator
  • Converted Common numerator
Drag Include Certificate AmendmentInclude related Restated Certificate amendments or restatements in the compelled vote
  • Certificate amendment
Drag Include Definitive AgreementsInclude related definitive transaction agreements in the compelled vote
  • Definitive agreements
Drag Delay Uses Reasonable ExpectationQualify competing proposals by whether they reasonably could be expected to delay or impair the Sale
  • Reasonably expected
Drag Include Gross Negligence ExceptionInclude gross negligence in the Stockholder Representative liability exception
  • Gross negligence
Drag Include Company Representation EscrowPermit Company-representation claims to be paid from the common escrow
  • Company escrow
Drag Include Same Form ConsiderationInclude Section 3.2(g)'s same-form-of-consideration protection
  • Same-form consideration
Stock Sale Notice DaysAdvance notice period for a different allocation in a Stock Sale, number only
Director Removal Other Than For CausePermit removal other than for cause when the selected contractual triggers apply
  • Other than for cause
Joinder Security ScopeSecurities whose later issuance triggers a Voting Agreement joinder
  • Options and warrants
Joinder Minimum Ownership PercentageMinimum post-issuance ownership triggering joinder, number only
  • One-percent threshold
Key Holder Consent PercentageQualified Key Holder amendment-consent threshold, number only
Key Holder Ownership Floor PercentageOutstanding-capital ownership floor below which Key Holder consent is not required, number only
Sanctions ScopeSanctions authorities and lists included in the Voting Agreement
  • United_states_only
  • United_states_eu_uk
Enforcement Costs ModeAllocation of enforcement costs
  • Own costs
  • Prevailing-party costs
Company Signatory NamePrinted name of the Company's authorized signatory
Company Signatory TitleTitle of the Company's authorized signatory
Company Notice AddressCompany's notice address on its signature page
Company Notice EmailCompany's notice email on its signature page
Investor Signatory NamePrinted name of the lead Investor's authorized signatory
Investor Signatory TitleTitle of the lead Investor's authorized signatory
InvestorsInvestor notice and signature schedule rows
Key HoldersKey Holder personal notice and signature schedule rows

This template is a drafter's starting point. It does not constitute legal advice. Workflow support only. Not legal advice.