Guam 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 A Guam Stockholders Agreement is a legally binding contract between America Online, Inc. (AOL), ME Acquisition, Inc., and MapQuest. Com, Inc. This agreement outlines the rights, obligations, and responsibilities of each party as stockholders in the company. The purpose of the agreement is to establish the terms and conditions under which the stockholders of Guam will operate and manage their respective interests in the company. It includes provisions related to voting rights, shareholder meetings, dividend distributions, and other important aspects of corporate governance. Some key elements typically addressed in a Guam Stockholders Agreement include: 1. Ownership and Voting Rights: The agreement outlines the ownership percentages of each stockholder and specifies how voting rights will be exercised at shareholder meetings. It may include provisions for majority or unanimous consent for certain decisions. 2. Board of Directors: The agreement may specify the number of directors and their election process, along with any special rights or voting requirements for director appointments. It may also outline the powers and responsibilities of the board. 3. Transfer of Shares: The agreement may contain restrictions on the transfer of shares, such as rights of first refusal or preemptive rights, which require stockholders to offer their shares to the other parties before selling them to outsiders. 4. Management and Operations: This section of the agreement details the responsibilities and decision-making authority of the stockholders in managing the company. It may address matters like appointment and removal of officers, financial reporting, and capital expenditure approvals. 5. Dispute Resolution: The agreement may include provisions for resolving disputes among the stockholders, such as arbitration or mediation procedures, to avoid costly litigation. 6. Termination: The agreement may outline the conditions under which it can be terminated, such as upon the sale of the company or by mutual agreement of all parties involved. It is important to note that while there may be different versions or variations of a Guam Stockholders Agreement between AOL, ME Acquisition, Inc., and MapQuest. Com, Inc., the specific types, if any, are not mentioned in the provided context. However, it is possible that different agreements could exist based on the negotiated terms among the parties involved, such as different rights or restrictions granted to particular stockholders. In conclusion, a Guam Stockholders Agreement is a crucial document that governs the relationships and responsibilities of AOL, ME Acquisition, Inc., and MapQuest. Com, Inc., as stockholders in the company. Through this agreement, the parties define their rights, obligations, and decision-making processes to ensure the smooth functioning of the business.

A Guam Stockholders Agreement is a legally binding contract between America Online, Inc. (AOL), ME Acquisition, Inc., and MapQuest. Com, Inc. This agreement outlines the rights, obligations, and responsibilities of each party as stockholders in the company. The purpose of the agreement is to establish the terms and conditions under which the stockholders of Guam will operate and manage their respective interests in the company. It includes provisions related to voting rights, shareholder meetings, dividend distributions, and other important aspects of corporate governance. Some key elements typically addressed in a Guam Stockholders Agreement include: 1. Ownership and Voting Rights: The agreement outlines the ownership percentages of each stockholder and specifies how voting rights will be exercised at shareholder meetings. It may include provisions for majority or unanimous consent for certain decisions. 2. Board of Directors: The agreement may specify the number of directors and their election process, along with any special rights or voting requirements for director appointments. It may also outline the powers and responsibilities of the board. 3. Transfer of Shares: The agreement may contain restrictions on the transfer of shares, such as rights of first refusal or preemptive rights, which require stockholders to offer their shares to the other parties before selling them to outsiders. 4. Management and Operations: This section of the agreement details the responsibilities and decision-making authority of the stockholders in managing the company. It may address matters like appointment and removal of officers, financial reporting, and capital expenditure approvals. 5. Dispute Resolution: The agreement may include provisions for resolving disputes among the stockholders, such as arbitration or mediation procedures, to avoid costly litigation. 6. Termination: The agreement may outline the conditions under which it can be terminated, such as upon the sale of the company or by mutual agreement of all parties involved. It is important to note that while there may be different versions or variations of a Guam Stockholders Agreement between AOL, ME Acquisition, Inc., and MapQuest. Com, Inc., the specific types, if any, are not mentioned in the provided context. However, it is possible that different agreements could exist based on the negotiated terms among the parties involved, such as different rights or restrictions granted to particular stockholders. In conclusion, a Guam Stockholders Agreement is a crucial document that governs the relationships and responsibilities of AOL, ME Acquisition, Inc., and MapQuest. Com, Inc., as stockholders in the company. Through this agreement, the parties define their rights, obligations, and decision-making processes to ensure the smooth functioning of the business.