Louisiana Registration Rights Agreement between Turnstone Systems, Inc. and purchaser

• Category: Corporations - Public - Rights
• State: Multi-State
• Control #: US-EG-9136
• Format: Word; Rich Text

Description

Registration Rights Agreement dated January 12, 1998. 23 pages Louisiana Registration Rights Agreement is a legally binding document that outlines the rights, obligations, and responsibilities of Turn stone Systems, Inc. (the "Company") and the purchaser (the "Purchaser") relating to the registration of securities issued by the Company in the state of Louisiana. This agreement ensures compliance with state securities laws and facilitates the smooth registration process for securities offerings. The Louisiana Registration Rights Agreement between Turn stone Systems, Inc. and the Purchaser grants the Purchaser certain rights to register the securities they have purchased. These rights may include demand registration rights, piggyback registration rights, and shelf registration rights. Demand registration rights provide the Purchaser with the option to request that the Company register their securities for public sale, subject to certain limitations and conditions. The Purchaser may exercise this right by delivering a written request to the Company, specifying the number of securities they wish to register and any additional relevant details. Piggyback registration rights enable the Purchaser to include their securities in any registration statement filed by the Company for an offering to the public. If the Company plans to register any of its securities for public sale, the Purchaser has the right to request that their securities be included in the registration statement. However, this right is subject to certain conditions, such as the Company's right to delay or withdraw the registration statement. Shelf registration rights grant the Purchaser the ability to have their securities included in a registration statement filed by the Company for a delayed or continuous offering. This registration statement is referred to as a "shelf registration statement" as it allows for the offering to be made periodically over a specific period without requiring additional filings. The Purchaser may request to include their securities in such a shelf registration statement, subject to the Company's discretion. It is essential to note that the Louisiana Registration Rights Agreement may have additional provisions specific to the Company and the Purchaser. These provisions may include indemnification clauses, restrictions on transfer of securities, and dispute resolution mechanisms. In conclusion, the Louisiana Registration Rights Agreement between Turn stone Systems, Inc. and the Purchaser provides the Purchaser with different rights to register their securities, including demand registration rights, piggyback registration rights, and shelf registration rights. These rights aim to ensure compliance with state securities laws and facilitate the registration process for securities offerings in Louisiana.

Louisiana Registration Rights Agreement is a legally binding document that outlines the rights, obligations, and responsibilities of Turn stone Systems, Inc. (the "Company") and the purchaser (the "Purchaser") relating to the registration of securities issued by the Company in the state of Louisiana. This agreement ensures compliance with state securities laws and facilitates the smooth registration process for securities offerings. The Louisiana Registration Rights Agreement between Turn stone Systems, Inc. and the Purchaser grants the Purchaser certain rights to register the securities they have purchased. These rights may include demand registration rights, piggyback registration rights, and shelf registration rights. Demand registration rights provide the Purchaser with the option to request that the Company register their securities for public sale, subject to certain limitations and conditions. The Purchaser may exercise this right by delivering a written request to the Company, specifying the number of securities they wish to register and any additional relevant details. Piggyback registration rights enable the Purchaser to include their securities in any registration statement filed by the Company for an offering to the public. If the Company plans to register any of its securities for public sale, the Purchaser has the right to request that their securities be included in the registration statement. However, this right is subject to certain conditions, such as the Company's right to delay or withdraw the registration statement. Shelf registration rights grant the Purchaser the ability to have their securities included in a registration statement filed by the Company for a delayed or continuous offering. This registration statement is referred to as a "shelf registration statement" as it allows for the offering to be made periodically over a specific period without requiring additional filings. The Purchaser may request to include their securities in such a shelf registration statement, subject to the Company's discretion. It is essential to note that the Louisiana Registration Rights Agreement may have additional provisions specific to the Company and the Purchaser. These provisions may include indemnification clauses, restrictions on transfer of securities, and dispute resolution mechanisms. In conclusion, the Louisiana Registration Rights Agreement between Turn stone Systems, Inc. and the Purchaser provides the Purchaser with different rights to register their securities, including demand registration rights, piggyback registration rights, and shelf registration rights. These rights aim to ensure compliance with state securities laws and facilitate the registration process for securities offerings in Louisiana.