Kentucky Amendment No. 1 is a modification made to the original Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser. This agreement outlines the rights of the purchaser in regard to the registration of securities issued by Turn stone Systems, Inc. The purpose of this amendment is to provide additional provisions, modifications, or clarifications to the original Registration Rights Agreement. By implementing this amendment, both parties aim to address certain issues, concerns, or changes that have arisen since the initial agreement was signed. Some key changes or provisions that may be included in Kentucky Amendment No. 1 could be: 1. Expansion of Registration: This amendment may expand the scope of the original Registration Rights Agreement to incorporate additional securities that were not initially covered. For instance, it may include new classes of shares, warrants, or options. 2. Registration Expenses: The amendment could specify the allocation and responsibility of registration expenses between Turn stone Systems, Inc. and the purchaser. This includes fees associated with filing registration statements, legal costs, and other expenses incurred during the registration process. 3. Demand Registration: If the original agreement did not include a provision for demand registration, Kentucky Amendment No. 1 might introduce this concept. Demand registration allows the purchaser to request registration of their securities within a specific timeframe, subject to certain conditions. 4. Piggyback Registration: Similarly, the amendment may add or modify piggyback registration rights. These rights permit the purchaser to join in the registration of Turn stone Systems, Inc.'s securities if the company chooses to register additional securities with regulatory authorities. 5. Lock-Up Period: Kentucky Amendment No. 1 may incorporate a lock-up period, restricting the purchaser from selling or transferring their registered securities for a specified period after registration. This provision aims to maintain stability in the market and prevent any potential negative impact from a sudden influx of shares. Note that the specifics of Kentucky Amendment No. 1 may vary depending on the circumstances and negotiation between Turn stone Systems, Inc. and the purchaser. It is essential for both parties to carefully review and understand the terms of the amendment before signing it to ensure compliance and agreement on all aspects of the revised Registration Rights Agreement.
Kentucky Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser
Description
How to fill out Kentucky Amendment No. 1 To Registration Rights Agreement Between Turnstone Systems, Inc. And Purchaser?
Finding the right authorized file web template can be a have difficulties. Obviously, there are a lot of themes accessible on the Internet, but how will you discover the authorized type you require? Use the US Legal Forms internet site. The services delivers a large number of themes, including the Kentucky Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser, that you can use for enterprise and personal requirements. Each of the forms are inspected by professionals and meet up with federal and state needs.
If you are presently registered, log in to your bank account and click the Acquire button to find the Kentucky Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser. Use your bank account to appear from the authorized forms you may have acquired formerly. Check out the My Forms tab of your own bank account and obtain an additional version in the file you require.
If you are a fresh user of US Legal Forms, listed below are easy directions that you should comply with:
- Initially, make sure you have selected the appropriate type for the city/area. It is possible to check out the form making use of the Preview button and look at the form outline to make certain it is the right one for you.
- In case the type will not meet up with your requirements, make use of the Seach industry to find the correct type.
- Once you are certain the form is suitable, go through the Acquire now button to find the type.
- Select the prices strategy you desire and enter in the needed information and facts. Create your bank account and pay money for the order using your PayPal bank account or charge card.
- Opt for the file file format and obtain the authorized file web template to your system.
- Total, change and produce and indicator the received Kentucky Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser.
US Legal Forms will be the largest local library of authorized forms that you can see numerous file themes. Use the service to obtain professionally-made papers that comply with condition needs.