Hawaii Standstill and Deposition Agreement by Efficient Networks, Inc. and Cabletron Systems, Inc.

• Category: Corporations - Public - Standstill
• State: Multi-State
• Control #: US-EG-9405
• Format: Word; Rich Text

Description

Standstill and Deposition Agreement by Efficient Networks, Inc. and Cabletron Systems, Inc. regarding ownership of voting securities dated December 17, 1999. 19 pages. The Hawaii Standstill and Deposition Agreement between Efficient Networks, Inc. and Cable tron Systems, Inc. is a legal document that outlines the terms and conditions of an agreement reached between the two companies. This agreement aims to establish a temporary suspension of certain activities related to their business relationship, while also providing mechanisms for gathering and preserving evidence through depositions. Efficient Networks, Inc. and Cable tron Systems, Inc. are parties to this agreement, both entities engaged in the telecommunications' industry. The agreement is designed to facilitate a period of standstill, during which certain activities, such as the acquisition or divestiture of assets, are restricted or put on hold. The Hawaii Standstill and Deposition Agreement may have different types depending on the specific circumstances and negotiations between the parties. Some examples of potential variations include: 1. Acquisition Standstill Agreement: This type of standstill agreement may be entered into when Efficient Networks, Inc. or Cable tron Systems, Inc. intends to acquire another company. It establishes restrictions on any acquisition-related activities for an agreed-upon period, allowing both parties to evaluate and negotiate the terms of the potential acquisition. 2. Divestiture Standstill Agreement: On the other hand, a divestiture standstill agreement may be signed when Efficient Networks, Inc. or Cable tron Systems, Inc. intends to sell or divest a particular business unit or asset. Similarly, this agreement restricts actions related to the divestiture, providing a designated period for negotiation and proper evaluation of the transaction. 3. Litigation Standstill Agreement: This type of standstill agreement may be created when there is ongoing litigation between Efficient Networks, Inc. and Cable tron Systems, Inc. The agreement establishes a temporary suspension of legal proceedings, allowing the parties to engage in deposition processes to gather crucial evidence and information. Regardless of the specific type, the Hawaii Standstill and Deposition Agreement is a contract aimed at managing business relationships and preserving evidence. It provides a framework for temporarily stopping certain activities to allow for negotiation, evaluation, or legal discovery processes while maintaining an agreement between Efficient Networks, Inc. and Cable tron Systems, Inc.

The Hawaii Standstill and Deposition Agreement between Efficient Networks, Inc. and Cable tron Systems, Inc. is a legal document that outlines the terms and conditions of an agreement reached between the two companies. This agreement aims to establish a temporary suspension of certain activities related to their business relationship, while also providing mechanisms for gathering and preserving evidence through depositions. Efficient Networks, Inc. and Cable tron Systems, Inc. are parties to this agreement, both entities engaged in the telecommunications' industry. The agreement is designed to facilitate a period of standstill, during which certain activities, such as the acquisition or divestiture of assets, are restricted or put on hold. The Hawaii Standstill and Deposition Agreement may have different types depending on the specific circumstances and negotiations between the parties. Some examples of potential variations include: 1. Acquisition Standstill Agreement: This type of standstill agreement may be entered into when Efficient Networks, Inc. or Cable tron Systems, Inc. intends to acquire another company. It establishes restrictions on any acquisition-related activities for an agreed-upon period, allowing both parties to evaluate and negotiate the terms of the potential acquisition. 2. Divestiture Standstill Agreement: On the other hand, a divestiture standstill agreement may be signed when Efficient Networks, Inc. or Cable tron Systems, Inc. intends to sell or divest a particular business unit or asset. Similarly, this agreement restricts actions related to the divestiture, providing a designated period for negotiation and proper evaluation of the transaction. 3. Litigation Standstill Agreement: This type of standstill agreement may be created when there is ongoing litigation between Efficient Networks, Inc. and Cable tron Systems, Inc. The agreement establishes a temporary suspension of legal proceedings, allowing the parties to engage in deposition processes to gather crucial evidence and information. Regardless of the specific type, the Hawaii Standstill and Deposition Agreement is a contract aimed at managing business relationships and preserving evidence. It provides a framework for temporarily stopping certain activities to allow for negotiation, evaluation, or legal discovery processes while maintaining an agreement between Efficient Networks, Inc. and Cable tron Systems, Inc.