Georgia 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 Georgia Stockholders Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc., is a legally binding document that outlines the rights, obligations, and responsibilities of the stockholders within the jurisdiction of Georgia. This agreement governs the relationship between the aforementioned parties and enforces certain provisions to ensure the smooth functioning of their business operations while protecting the interests of all involved. The key purpose of the Georgia Stockholders Agreement is to establish clear guidelines for issues such as voting rights, transferability of shares, restrictions on share transfer, dividend distribution, decision-making processes, and dispute resolution mechanisms. This agreement acts as a safeguard, preventing any potential conflicts or uncertainties that may arise among the stockholders. In Georgia, there are various types of Stockholders Agreements tailored to specific circumstances. Some common variations include: 1. Voting Agreement: The Voting Agreement is a specific type of Stockholders Agreement that focuses on outlining the voting rights of the stockholders. It specifies how voting power will be exercised, the percentage of votes needed for certain decisions, and any restrictions or conditions surrounding voting rights. 2. Drag-Along Agreement: This agreement empowers the majority stockholders to force the minority stockholders to sell their shares in the event of a significant corporate transaction, such as a merger or acquisition. The Drag-Along Agreement ensures that all stockholders are aligned when important decisions affecting the company's future are made. 3. Tag-Along Agreement: The Tag-Along Agreement protects minority stockholders by granting them the right to "tag along" with a majority stockholder in the sale of their shares. If a majority stockholder decides to sell their shares, the minority stockholder has the right to sell their shares under the same terms and conditions. 4. Buy-Sell Agreement: The Buy-Sell Agreement provides a mechanism for stockholders to buy or sell their shares to prevent unwanted transfers. This agreement includes provisions for valuation of shares, instances triggering the buy-sell clause, and the procedures to execute such transactions. In conclusion, the Georgia Stockholders Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc., is designed to establish a framework for the relationship between stockholders, ensuring clarity and fairness in decision-making processes. The document helps safeguard the interests of all parties involved while maintaining stability and transparency within the company. Different types of Stockholders Agreements, such as the Voting Agreement, Drag-Along Agreement, Tag-Along Agreement, and Buy-Sell Agreement, may be used depending on the specific requirements of the parties involved.

Georgia Stockholders Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc., is a legally binding document that outlines the rights, obligations, and responsibilities of the stockholders within the jurisdiction of Georgia. This agreement governs the relationship between the aforementioned parties and enforces certain provisions to ensure the smooth functioning of their business operations while protecting the interests of all involved. The key purpose of the Georgia Stockholders Agreement is to establish clear guidelines for issues such as voting rights, transferability of shares, restrictions on share transfer, dividend distribution, decision-making processes, and dispute resolution mechanisms. This agreement acts as a safeguard, preventing any potential conflicts or uncertainties that may arise among the stockholders. In Georgia, there are various types of Stockholders Agreements tailored to specific circumstances. Some common variations include: 1. Voting Agreement: The Voting Agreement is a specific type of Stockholders Agreement that focuses on outlining the voting rights of the stockholders. It specifies how voting power will be exercised, the percentage of votes needed for certain decisions, and any restrictions or conditions surrounding voting rights. 2. Drag-Along Agreement: This agreement empowers the majority stockholders to force the minority stockholders to sell their shares in the event of a significant corporate transaction, such as a merger or acquisition. The Drag-Along Agreement ensures that all stockholders are aligned when important decisions affecting the company's future are made. 3. Tag-Along Agreement: The Tag-Along Agreement protects minority stockholders by granting them the right to "tag along" with a majority stockholder in the sale of their shares. If a majority stockholder decides to sell their shares, the minority stockholder has the right to sell their shares under the same terms and conditions. 4. Buy-Sell Agreement: The Buy-Sell Agreement provides a mechanism for stockholders to buy or sell their shares to prevent unwanted transfers. This agreement includes provisions for valuation of shares, instances triggering the buy-sell clause, and the procedures to execute such transactions. In conclusion, the Georgia Stockholders Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc., is designed to establish a framework for the relationship between stockholders, ensuring clarity and fairness in decision-making processes. The document helps safeguard the interests of all parties involved while maintaining stability and transparency within the company. Different types of Stockholders Agreements, such as the Voting Agreement, Drag-Along Agreement, Tag-Along Agreement, and Buy-Sell Agreement, may be used depending on the specific requirements of the parties involved.