# What is Voting Agreement? Definition & Technical Mechanics

> **Source:** [SPIDITS AI Startup & Venture Intelligence Glossary](https://spidits.com/startup-glossary)  
> **Category:** Legal  
> **Canonical Citation:** [https://spidits.com/startup-glossary/voting-agreement](https://spidits.com/startup-glossary/voting-agreement)

## Definition
A Voting Agreement is a contract where shareholders agree to vote their shares in a specific way, particularly regarding board compositions and exit transactions.

## Architectural Mechanics & Deep Dive
Voting Agreements coordinate shareholder approvals. By binding shareholders to vote together on board elections and exit transactions, these agreements ensure smooth corporate actions.

## Industry Applications & Real-World Use Cases
Board election management and acquisition approvals

## Frequently Asked Questions

### How is a voting agreement used in priced rounds?
It is used to ensure that investors and founders vote their shares to elect the designated board members.

### Does a voting agreement help with drag-along rights?
Yes, it obligates shareholders to vote in favor of a board-approved exit, preventing minority blocks.

## Related Terminology
- [shareholder-agreement](https://spidits.com/startup-glossary/shareholder-agreement)
- [drag-along-rights](https://spidits.com/startup-glossary/drag-along-rights)
- [board-of-directors](https://spidits.com/startup-glossary/board-of-directors)

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*From the SPIDITS AI Knowledge Base (311+ terms indexed). Explore full technical definitions: [https://spidits.com/startup-glossary](https://spidits.com/startup-glossary)*