Alabama Stockholders Agreement between America Online, Inc., MQ Acquisition, Inc., and Mapquest.Com, Inc.

• Category: Corporations - Public - Stockholder
• State: Multi-State
• Control #: US-EG-9051
• Format: Word; Rich Text

Description

Stockholders Agreement between America Online, Inc., MQ Acquisition, Inc., and Mapquest.Com, Inc. dated December 21, 1999. 11 pages The Alabama Stockholder's Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. is a legally binding document that outlines the rights and responsibilities of the stockholders in these respective companies. This agreement governs their relationship and sets forth the framework for decision-making, ownership, and the protection of their rights and interests. Key provisions of the Alabama Stockholder's Agreement include: 1. Ownership rights: The agreement details the number of shares held by each stockholder, including any restrictions on transferring or selling those shares. It also addresses the issue of dilution of ownership and the allocation of voting rights. 2. Board representation: The agreement may outline the composition of the board of directors and the number of directors each party is entitled to appoint. It may specify the qualifications and terms of these directors and their responsibilities in overseeing the company's operations. 3. Decision-making: The agreement establishes the procedures for making important business decisions, such as mergers, acquisitions, and the sale of assets. It may require certain approvals or voting thresholds for these actions and provide mechanisms to resolve potential deadlocks. 4. Non-competition and confidentiality: The agreement may include provisions that restrict stockholders from engaging in activities that may directly compete with the company's business or disclosing confidential information. These safeguards aim to protect the company's intellectual property, trade secrets, and market position. 5. Dispute resolution: In the event of a disagreement or dispute between the parties, the agreement may specify the methods or mechanisms for resolving disputes. Common options include mediation, arbitration, or litigation. Types of Alabama Stockholder's Agreements between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. may include: 1. Initial Agreement: This is the primary agreement signed when the companies initially enter into a stockholder relationship, outlining their initial understandings and commitments. 2. Amended and Restated Agreement: As companies evolve and their relationships change, this agreement may be created to amend or update provisions from the initial agreement. It allows for modifications to align with the changing needs and circumstances of the parties involved. 3. Voting Agreement: This type of agreement focuses primarily on the voting rights and responsibilities of the parties involved. It may address specific corporate actions requiring stockholder approval and establish the guidelines for voting on these matters. 4. Stock Option Agreement: If stock options are granted to stockholders, a separate agreement may be created to detail the terms and conditions, including exercise prices, vesting schedules, and expiration dates. In conclusion, the Alabama Stockholder's Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. is a comprehensive contract that governs the relationship, ownership, decision-making, and protection of the parties' rights and interests. Different types of agreements may exist based on the specific focus and purpose, such as initial agreements, amended agreements, voting agreements, and stock option agreements.

The Alabama Stockholder's Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. is a legally binding document that outlines the rights and responsibilities of the stockholders in these respective companies. This agreement governs their relationship and sets forth the framework for decision-making, ownership, and the protection of their rights and interests. Key provisions of the Alabama Stockholder's Agreement include: 1. Ownership rights: The agreement details the number of shares held by each stockholder, including any restrictions on transferring or selling those shares. It also addresses the issue of dilution of ownership and the allocation of voting rights. 2. Board representation: The agreement may outline the composition of the board of directors and the number of directors each party is entitled to appoint. It may specify the qualifications and terms of these directors and their responsibilities in overseeing the company's operations. 3. Decision-making: The agreement establishes the procedures for making important business decisions, such as mergers, acquisitions, and the sale of assets. It may require certain approvals or voting thresholds for these actions and provide mechanisms to resolve potential deadlocks. 4. Non-competition and confidentiality: The agreement may include provisions that restrict stockholders from engaging in activities that may directly compete with the company's business or disclosing confidential information. These safeguards aim to protect the company's intellectual property, trade secrets, and market position. 5. Dispute resolution: In the event of a disagreement or dispute between the parties, the agreement may specify the methods or mechanisms for resolving disputes. Common options include mediation, arbitration, or litigation. Types of Alabama Stockholder's Agreements between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. may include: 1. Initial Agreement: This is the primary agreement signed when the companies initially enter into a stockholder relationship, outlining their initial understandings and commitments. 2. Amended and Restated Agreement: As companies evolve and their relationships change, this agreement may be created to amend or update provisions from the initial agreement. It allows for modifications to align with the changing needs and circumstances of the parties involved. 3. Voting Agreement: This type of agreement focuses primarily on the voting rights and responsibilities of the parties involved. It may address specific corporate actions requiring stockholder approval and establish the guidelines for voting on these matters. 4. Stock Option Agreement: If stock options are granted to stockholders, a separate agreement may be created to detail the terms and conditions, including exercise prices, vesting schedules, and expiration dates. In conclusion, the Alabama Stockholder's Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. is a comprehensive contract that governs the relationship, ownership, decision-making, and protection of the parties' rights and interests. Different types of agreements may exist based on the specific focus and purpose, such as initial agreements, amended agreements, voting agreements, and stock option agreements.