California Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser

• Category: Corporations - Public - Rights
• State: Multi-State
• Control #: US-EG-9137
• Format: Word; Rich Text

Description

Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser dated January 12, 1998. 6 pages California Amendment No. 1 to Registration Rights Agreement is a legal document that amends the terms and conditions of the existing Registration Rights Agreement between Turn stone Systems, Inc. (the issuer) and the purchaser (investor). This amendment is specific to the state of California, ensuring compliance with the state's laws and regulations. The purpose of this amendment is to update and modify certain provisions of the original agreement, including the rights and obligations of both parties regarding the registration of securities. It aims to protect the interests of the purchaser while providing clarity and transparency in the registration process. Some key elements that may be addressed in California Amendment No. 1 to Registration Rights Agreement are: 1. Registration Obligations: The amendment may specify the issuer's obligations to register the purchaser's securities with the appropriate regulatory authorities in California. It can outline the timeline, procedures, and filing requirements for such registrations. 2. Piggyback Rights: The amendment may address the purchaser's right to "piggyback" on the issuer's registration statement, enabling them to include their securities in any future registration made by the issuer. 3. Demand Registration: It may define the conditions and procedures for the purchaser to request the issuer to register their securities on their behalf. This provision usually includes minimum thresholds, notice requirements, and associated costs. 4. Expenses: The amendment may outline how registration-related expenses, such as legal and accounting fees, will be allocated between the parties involved. It may also specify any cost reimbursement arrangements. 5. Indemnification: This provision may detail the indemnification rights of the purchaser in case of any claims, damages, or losses arising from the registration process. It may specify the scope of indemnification, limitations, and procedures for making indemnification claims. 6. Termination and Amendment: The amendment may include provisions governing the termination or amendment of the agreement, specifying the circumstances under which it can be terminated or modified by either party. It's important to note that specific provisions may vary depending on the individual circumstances of the agreement. Therefore, California Amendment No. 1 to Registration Rights Agreement between Turn stone Systems, Inc. and purchaser may have additional terms or sections tailored to the unique needs and requirements of both parties. It's recommended to review the specific agreement to fully understand the terms and conditions of California Amendment No. 1 to Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser.

California Amendment No. 1 to Registration Rights Agreement is a legal document that amends the terms and conditions of the existing Registration Rights Agreement between Turn stone Systems, Inc. (the issuer) and the purchaser (investor). This amendment is specific to the state of California, ensuring compliance with the state's laws and regulations. The purpose of this amendment is to update and modify certain provisions of the original agreement, including the rights and obligations of both parties regarding the registration of securities. It aims to protect the interests of the purchaser while providing clarity and transparency in the registration process. Some key elements that may be addressed in California Amendment No. 1 to Registration Rights Agreement are: 1. Registration Obligations: The amendment may specify the issuer's obligations to register the purchaser's securities with the appropriate regulatory authorities in California. It can outline the timeline, procedures, and filing requirements for such registrations. 2. Piggyback Rights: The amendment may address the purchaser's right to "piggyback" on the issuer's registration statement, enabling them to include their securities in any future registration made by the issuer. 3. Demand Registration: It may define the conditions and procedures for the purchaser to request the issuer to register their securities on their behalf. This provision usually includes minimum thresholds, notice requirements, and associated costs. 4. Expenses: The amendment may outline how registration-related expenses, such as legal and accounting fees, will be allocated between the parties involved. It may also specify any cost reimbursement arrangements. 5. Indemnification: This provision may detail the indemnification rights of the purchaser in case of any claims, damages, or losses arising from the registration process. It may specify the scope of indemnification, limitations, and procedures for making indemnification claims. 6. Termination and Amendment: The amendment may include provisions governing the termination or amendment of the agreement, specifying the circumstances under which it can be terminated or modified by either party. It's important to note that specific provisions may vary depending on the individual circumstances of the agreement. Therefore, California Amendment No. 1 to Registration Rights Agreement between Turn stone Systems, Inc. and purchaser may have additional terms or sections tailored to the unique needs and requirements of both parties. It's recommended to review the specific agreement to fully understand the terms and conditions of California Amendment No. 1 to Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser.