Posted this in another thread but got buried:

For the uninitiated like me, what actually happens with voting no on a TA? Why would that do anything effective? Can’t the company just say “sorry you voted no, too bad. Take it or leave it?” Can it potentially become worse when TA2 comes around?

WRT voting no can somebody explain the benefits and process? I’m uneasy about sending a 8/10 contract back to the table, in the hopes of a 10/10, when it just drags things out longer and the best possible was 8/10 anyway.

I’m sure I’m misunderstanding it but hoping for some clarification. Thank you.