Registration Rights Agreement dated January 12, 1998. 23 pages
The Kentucky Registration Rights Agreement is a legal document that outlines the rights and obligations between Turn stone Systems, Inc., a company incorporated in the state of Kentucky, and a purchaser of its securities. This agreement is specifically related to the registration of these securities with the appropriate regulatory authorities. When drafting a detailed description of the Kentucky Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser, it is important to include relevant keywords and mention any variations or types of this agreement. Some potential keywords and variations to consider are: 1. Kentucky Registration Rights Agreement: This term represents the specific agreement being discussed, highlighting its connection to the state of Kentucky. 2. Registration of Securities: The agreement focuses on the registration process for the securities issued by Turn stone Systems, Inc. In this context, "securities" typically refers to stocks, bonds, or other investment instruments. 3. Regulatory Authorities: These are governmental entities responsible for overseeing and regulating securities markets. In the United States, the Securities and Exchange Commission (SEC) is the primary regulatory authority. 4. Securities Act of 1933: This federal law, enacted during the Great Depression, requires companies to register their securities offerings with the SEC and provides guidelines for disclosure and public offering procedures. 5. Purchaser: Refers to the individual or entity acquiring the securities offered by Turn stone Systems, Inc. The purchaser may be an investor, shareholder, or another company. 6. Transfer Rights: This clause within the agreement outlines the extent to which the purchaser can transfer their securities to third parties, such as other investors or shareholders. 7. Piggyback Registration Rights: These rights grant the purchaser the option to include their securities in any registration statement filed by Turn stone Systems, Inc. for its own securities. This allows the purchaser to piggyback on the company's registration process, facilitating liquidity and potential resale of securities. 8. Demand Registration Rights: This type of registration right allows the purchaser to request that Turn stone Systems, Inc. register their securities with the regulatory authorities. Typically, the agreement outlines specific conditions and requirements for such a demand to be valid. 9. S-1 Registration: The S-1 registration is a common type of registration statement filed with the SEC for an initial public offering (IPO) of securities. This document provides detailed information about the company's business, financials, and other relevant information to potential investors. 10. Lock-Up Period: This term refers to a predetermined period during which the purchaser agrees not to sell or transfer their securities. Lock-up periods are commonly established during IPOs to prevent an immediate flood of securities into the market, which could negatively impact the stock price. 11. Contingencies and Considerations: The agreement may include provisions for contingencies, such as termination clauses, limitations, indemnification, and any other specific considerations deemed necessary by Turn stone Systems, Inc. or the purchaser. By incorporating these relevant keywords and variations into the description, the content will effectively detail the Kentucky Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser, giving readers a comprehensive understanding of its key components and implications.
The Kentucky Registration Rights Agreement is a legal document that outlines the rights and obligations between Turn stone Systems, Inc., a company incorporated in the state of Kentucky, and a purchaser of its securities. This agreement is specifically related to the registration of these securities with the appropriate regulatory authorities. When drafting a detailed description of the Kentucky Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser, it is important to include relevant keywords and mention any variations or types of this agreement. Some potential keywords and variations to consider are: 1. Kentucky Registration Rights Agreement: This term represents the specific agreement being discussed, highlighting its connection to the state of Kentucky. 2. Registration of Securities: The agreement focuses on the registration process for the securities issued by Turn stone Systems, Inc. In this context, "securities" typically refers to stocks, bonds, or other investment instruments. 3. Regulatory Authorities: These are governmental entities responsible for overseeing and regulating securities markets. In the United States, the Securities and Exchange Commission (SEC) is the primary regulatory authority. 4. Securities Act of 1933: This federal law, enacted during the Great Depression, requires companies to register their securities offerings with the SEC and provides guidelines for disclosure and public offering procedures. 5. Purchaser: Refers to the individual or entity acquiring the securities offered by Turn stone Systems, Inc. The purchaser may be an investor, shareholder, or another company. 6. Transfer Rights: This clause within the agreement outlines the extent to which the purchaser can transfer their securities to third parties, such as other investors or shareholders. 7. Piggyback Registration Rights: These rights grant the purchaser the option to include their securities in any registration statement filed by Turn stone Systems, Inc. for its own securities. This allows the purchaser to piggyback on the company's registration process, facilitating liquidity and potential resale of securities. 8. Demand Registration Rights: This type of registration right allows the purchaser to request that Turn stone Systems, Inc. register their securities with the regulatory authorities. Typically, the agreement outlines specific conditions and requirements for such a demand to be valid. 9. S-1 Registration: The S-1 registration is a common type of registration statement filed with the SEC for an initial public offering (IPO) of securities. This document provides detailed information about the company's business, financials, and other relevant information to potential investors. 10. Lock-Up Period: This term refers to a predetermined period during which the purchaser agrees not to sell or transfer their securities. Lock-up periods are commonly established during IPOs to prevent an immediate flood of securities into the market, which could negatively impact the stock price. 11. Contingencies and Considerations: The agreement may include provisions for contingencies, such as termination clauses, limitations, indemnification, and any other specific considerations deemed necessary by Turn stone Systems, Inc. or the purchaser. By incorporating these relevant keywords and variations into the description, the content will effectively detail the Kentucky Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser, giving readers a comprehensive understanding of its key components and implications.