Securityholders Agreement between GST Telecommunications, Inc. and Ocean Horizon, SRL dated February 28, 1997. 24 pages.
Arkansas Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL — Detailed Description The Arkansas Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL is a legally binding contract that outlines the rights, obligations, and responsibilities of the security holders of the mentioned entities. This agreement is specifically tailored to comply with the laws and regulations of the state of Arkansas. GST Telecommunications, Inc. and Ocean Horizon, NRL are parties to this agreement, with GST Telecommunications, Inc. being the issuing company and Ocean Horizon, NRL being the security holder. The agreement aims to protect the interests of both entities and foster transparency, clear communication, and trust. The key provisions of the Arkansas Security holders Agreement include: 1. Nature of the Agreement: This section defines the nature of the agreement and characterizes the relationship between GST Telecommunications, Inc. and Ocean Horizon, NRL as that of issuer and security holder. 2. Definitions: This section includes the relevant definitions of the terms and phrases used throughout the agreement, ensuring clarity and mutual understanding. 3. Securities Issued: It enumerates the specific securities issued by GST Telecommunications, Inc. to Ocean Horizon, NRL, such as shares of stock, bonds, debentures, or other financial instruments. 4. Rights and Obligations: This section details the rights and obligations of GST Telecommunications, Inc. and Ocean Horizon, NRL. It specifies the power inherent in ownership, voting rights, dividend entitlements, asset protection, transfer limitations, and information obligations. 5. Transfer Restrictions: This provision delineates the conditions, restrictions, and procedures governing the transfer of securities between GST Telecommunications, Inc. and Ocean Horizon, NRL. It may include provisions related to board approval, consent requirements, or right of first refusal. 6. Confidentiality: This clause ensures the confidentiality of sensitive information shared between the parties, protecting trade secrets, technology, financial data, and other proprietary information. 7. Dispute Resolution: In the event of a disagreement or dispute arising from the interpretation or execution of the agreement, this section outlines the required mediation, arbitration, or litigation procedures and jurisdictions. 8. Governing Law: This clause establishes that the agreement will be governed by the laws of the state of Arkansas, ensuring compliance with the local regulatory framework and enabling enforcement in Arkansas courts. There may be different types of Arkansas Security holders Agreements between GST Telecommunications, Inc. and Ocean Horizon, NRL that can be named based on their specific purpose or characteristics, such as Preferred Equity Security holders Agreement, Convertible Securities Agreement, or Class Action Security holders Agreement. In conclusion, the Arkansas Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL is a comprehensive document that sets forth the terms and conditions surrounding the securities issued by GST Telecommunications, Inc. to Ocean Horizon, NRL. It safeguards the interests of both parties and ensures compliance with relevant Arkansas laws, promoting a fair and transparent relationship between the issuer and security holder.
Arkansas Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL — Detailed Description The Arkansas Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL is a legally binding contract that outlines the rights, obligations, and responsibilities of the security holders of the mentioned entities. This agreement is specifically tailored to comply with the laws and regulations of the state of Arkansas. GST Telecommunications, Inc. and Ocean Horizon, NRL are parties to this agreement, with GST Telecommunications, Inc. being the issuing company and Ocean Horizon, NRL being the security holder. The agreement aims to protect the interests of both entities and foster transparency, clear communication, and trust. The key provisions of the Arkansas Security holders Agreement include: 1. Nature of the Agreement: This section defines the nature of the agreement and characterizes the relationship between GST Telecommunications, Inc. and Ocean Horizon, NRL as that of issuer and security holder. 2. Definitions: This section includes the relevant definitions of the terms and phrases used throughout the agreement, ensuring clarity and mutual understanding. 3. Securities Issued: It enumerates the specific securities issued by GST Telecommunications, Inc. to Ocean Horizon, NRL, such as shares of stock, bonds, debentures, or other financial instruments. 4. Rights and Obligations: This section details the rights and obligations of GST Telecommunications, Inc. and Ocean Horizon, NRL. It specifies the power inherent in ownership, voting rights, dividend entitlements, asset protection, transfer limitations, and information obligations. 5. Transfer Restrictions: This provision delineates the conditions, restrictions, and procedures governing the transfer of securities between GST Telecommunications, Inc. and Ocean Horizon, NRL. It may include provisions related to board approval, consent requirements, or right of first refusal. 6. Confidentiality: This clause ensures the confidentiality of sensitive information shared between the parties, protecting trade secrets, technology, financial data, and other proprietary information. 7. Dispute Resolution: In the event of a disagreement or dispute arising from the interpretation or execution of the agreement, this section outlines the required mediation, arbitration, or litigation procedures and jurisdictions. 8. Governing Law: This clause establishes that the agreement will be governed by the laws of the state of Arkansas, ensuring compliance with the local regulatory framework and enabling enforcement in Arkansas courts. There may be different types of Arkansas Security holders Agreements between GST Telecommunications, Inc. and Ocean Horizon, NRL that can be named based on their specific purpose or characteristics, such as Preferred Equity Security holders Agreement, Convertible Securities Agreement, or Class Action Security holders Agreement. In conclusion, the Arkansas Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL is a comprehensive document that sets forth the terms and conditions surrounding the securities issued by GST Telecommunications, Inc. to Ocean Horizon, NRL. It safeguards the interests of both parties and ensures compliance with relevant Arkansas laws, promoting a fair and transparent relationship between the issuer and security holder.