Arkansas Registration Rights Agreement between Turnstone Systems, Inc. and purchaser

• Category: Corporations - Public - Rights
• State: Multi-State
• Control #: US-EG-9136
• Format: Word; Rich Text

Description

Registration Rights Agreement dated January 12, 1998. 23 pages Arkansas Registration Rights Agreement is a legally binding document that outlines the rights and obligations of Turn stone Systems, Inc. and a purchaser in terms of registration of securities in the state of Arkansas. This agreement grants the purchaser specific rights related to the registration of securities issued by Turn stone Systems, Inc. in compliance with state regulations. The Arkansas Registration Rights Agreement establishes the process and procedures for the purchaser to request the registration of securities, ensuring that the purchaser has the opportunity to sell or transfer the securities in a compliant and legal manner. This agreement facilitates transparency and fairness by defining the steps involved in the registration process. There may be different types of Arkansas Registration Rights Agreements based on the specific terms and conditions agreed upon by Turn stone Systems, Inc. and the purchaser. Some common types of these agreements include: 1. Piggyback Registration Rights: This type of agreement allows the purchaser to include their securities in a registration statement already filed by Turn stone Systems, Inc. for other shareholders. The purchaser "piggybacks" on the company's registration, saving costs and time. 2. Demand Registration Rights: In this type of agreement, the purchaser has the right to request Turn stone Systems, Inc. to register their securities. The purchaser can exercise this right if certain conditions specified in the agreement are met, such as a minimum number of securities to be registered or a specific time frame for the demand. 3. Shelf Registration Rights: This agreement provides the purchaser with the ability to have their securities registered on a shelf registration statement. This allows the purchaser to offer their securities for sale to the public periodically, without the need for additional registration. 4. Form S-3 Registration Rights: This type of agreement allows the purchaser to request the use of Form S-3, a simplified registration statement, for the registration of their securities. This form is typically used by established companies with a significant market presence. The Arkansas Registration Rights Agreement serves as a crucial document for both Turn stone Systems, Inc. and the purchaser, ensuring compliance with state regulations and protecting the interests of both parties. It outlines the rights, responsibilities, and limitations associated with the registration of securities, promoting transparency and fairness in the financial market.

Arkansas Registration Rights Agreement is a legally binding document that outlines the rights and obligations of Turn stone Systems, Inc. and a purchaser in terms of registration of securities in the state of Arkansas. This agreement grants the purchaser specific rights related to the registration of securities issued by Turn stone Systems, Inc. in compliance with state regulations. The Arkansas Registration Rights Agreement establishes the process and procedures for the purchaser to request the registration of securities, ensuring that the purchaser has the opportunity to sell or transfer the securities in a compliant and legal manner. This agreement facilitates transparency and fairness by defining the steps involved in the registration process. There may be different types of Arkansas Registration Rights Agreements based on the specific terms and conditions agreed upon by Turn stone Systems, Inc. and the purchaser. Some common types of these agreements include: 1. Piggyback Registration Rights: This type of agreement allows the purchaser to include their securities in a registration statement already filed by Turn stone Systems, Inc. for other shareholders. The purchaser "piggybacks" on the company's registration, saving costs and time. 2. Demand Registration Rights: In this type of agreement, the purchaser has the right to request Turn stone Systems, Inc. to register their securities. The purchaser can exercise this right if certain conditions specified in the agreement are met, such as a minimum number of securities to be registered or a specific time frame for the demand. 3. Shelf Registration Rights: This agreement provides the purchaser with the ability to have their securities registered on a shelf registration statement. This allows the purchaser to offer their securities for sale to the public periodically, without the need for additional registration. 4. Form S-3 Registration Rights: This type of agreement allows the purchaser to request the use of Form S-3, a simplified registration statement, for the registration of their securities. This form is typically used by established companies with a significant market presence. The Arkansas Registration Rights Agreement serves as a crucial document for both Turn stone Systems, Inc. and the purchaser, ensuring compliance with state regulations and protecting the interests of both parties. It outlines the rights, responsibilities, and limitations associated with the registration of securities, promoting transparency and fairness in the financial market.