Arizona Securityholders Agreement between GST Telecommunications, Inc. and Ocean Horizon, SRL

• Category: Corporations - Public
• State: Multi-State
• Control #: US-EG-9425
• Format: Word; Rich Text

Description

Securityholders Agreement between GST Telecommunications, Inc. and Ocean Horizon, SRL dated February 28, 1997. 24 pages. The Arizona Security holders Agreement is a legal document that establishes the rights and responsibilities of the security holders (i.e., shareholders) of GST Telecommunications, Inc. and Ocean Horizon, NRL, both located in Arizona. This agreement plays a crucial role in ensuring transparency, accountability, and protection for the individuals holding securities in these companies. The agreement outlines various key aspects such as the rights and obligations of the security holders, including their voting rights, distribution of dividends, access to information, and decision-making processes. It also defines the mechanisms for transferring securities, addressing potential conflicts of interest, and resolving disputes among the security holders. In the context of Arizona, there may be different types of Security holders Agreements between GST Telecommunications, Inc. and Ocean Horizon, NRL, depending on the specific nature of the agreement and the parties involved. Some common types may include: 1. Ordinary Security holders Agreement: This type of agreement typically covers the basic rights and obligations of the security holders, outlining their voting powers, participation in decision-making, and entitlement to dividends. 2. Preferred Security holders Agreement: In cases where some security holders hold preferred shares, this agreement may outline the additional rights and privileges of these shareholders, such as priority in receiving dividends or liquidation proceeds over ordinary shareholders. 3. Convertible Security holders Agreement: If the agreement involves convertible securities, it may outline the terms and conditions under which a security holder can convert their securities into another type, typically equity shares. 4. Voting Trust Agreement: This type of agreement may be established when the security holders entrust their voting rights to a designated trustee, who exercises those rights on their behalf. 5. Co-Sale or Tag-Along Agreement: In situations where certain security holders receive an offer to sell their securities to a third party, a co-sale or tag-along agreement may come into play. This agreement ensures that other security holders have the right to join the transaction on the same terms and conditions. In conclusion, the Arizona Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL is a vital legal document that defines the rights and obligations of security holders within the context of their ownership in these companies. It ensures clarity, fairness, and protection for all parties involved, providing a framework for an organized and harmonious ownership structure.

The Arizona Security holders Agreement is a legal document that establishes the rights and responsibilities of the security holders (i.e., shareholders) of GST Telecommunications, Inc. and Ocean Horizon, NRL, both located in Arizona. This agreement plays a crucial role in ensuring transparency, accountability, and protection for the individuals holding securities in these companies. The agreement outlines various key aspects such as the rights and obligations of the security holders, including their voting rights, distribution of dividends, access to information, and decision-making processes. It also defines the mechanisms for transferring securities, addressing potential conflicts of interest, and resolving disputes among the security holders. In the context of Arizona, there may be different types of Security holders Agreements between GST Telecommunications, Inc. and Ocean Horizon, NRL, depending on the specific nature of the agreement and the parties involved. Some common types may include: 1. Ordinary Security holders Agreement: This type of agreement typically covers the basic rights and obligations of the security holders, outlining their voting powers, participation in decision-making, and entitlement to dividends. 2. Preferred Security holders Agreement: In cases where some security holders hold preferred shares, this agreement may outline the additional rights and privileges of these shareholders, such as priority in receiving dividends or liquidation proceeds over ordinary shareholders. 3. Convertible Security holders Agreement: If the agreement involves convertible securities, it may outline the terms and conditions under which a security holder can convert their securities into another type, typically equity shares. 4. Voting Trust Agreement: This type of agreement may be established when the security holders entrust their voting rights to a designated trustee, who exercises those rights on their behalf. 5. Co-Sale or Tag-Along Agreement: In situations where certain security holders receive an offer to sell their securities to a third party, a co-sale or tag-along agreement may come into play. This agreement ensures that other security holders have the right to join the transaction on the same terms and conditions. In conclusion, the Arizona Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL is a vital legal document that defines the rights and obligations of security holders within the context of their ownership in these companies. It ensures clarity, fairness, and protection for all parties involved, providing a framework for an organized and harmonious ownership structure.