A more thorough explanation:

A pooling agreement is a contract between shareholders of a corporation in which they agree to vote their shares together as a single unit. This agreement is also known as a voting agreement, shareholder voting agreement, or shareholder-control agreement.

For example, if three shareholders of a company enter into a pooling agreement, they agree to vote their shares together in a particular way. If one shareholder owns 40% of the shares, and the other two own 30% each, they will vote together as a block of 100%. This means that the shareholder with 40% of the shares cannot vote against the wishes of the other two shareholders.

Another example is when a group of investors wants to acquire a controlling interest in a company. They may enter into a pooling agreement to vote their shares together to gain control of the company's board of directors and make strategic decisions.

These examples illustrate how a pooling agreement can be used to consolidate voting power and ensure that shareholders vote in a coordinated manner.