Transfer Agreement between Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GMBH regarding the transfer of shares to one or more qualified subsidiaries dated December 29, 1999. 2 pages.
Title: Minnesota Transfer Agreement: Share Transfer between Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GmbH to Qualified Subsidiaries Introduction: The Minnesota Transfer Agreement refers to the legal arrangement between Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GmbH, involving the transfer of shares to one or more qualified subsidiaries. This agreement outlines the specific terms, conditions, and procedures governing the share transfer process. Let's delve into the details of this agreement, including its different types, if applicable. Keywords: Minnesota Transfer Agreement, Deutsche Telecom AG, NAB Nordamerika Beteiligungs Holding GmbH, Share Transfer, Qualified Subsidiaries, Agreement Types 1. Definition of Minnesota Transfer Agreement: The Minnesota Transfer Agreement is a legally binding arrangement that facilitates the transfer of shares from Deutsche Telecom AG to NAB Nordamerika Beteiligungs Holding GmbH, exclusively to their qualified subsidiaries. It ensures that the share transfer is conducted in compliance with relevant laws and regulations. 2. Objective of the Agreement: The primary objective of the Minnesota Transfer Agreement is to enable Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GmbH to transfer shares from their respective portfolios to one or more qualified subsidiaries. This transfer allows for efficient management and consolidation of assets within their corporate structure. 3. Share Transfer Process: The agreement outlines the step-by-step process for transferring shares to qualified subsidiaries. It includes requirements for due diligence, valuation of shares, regulatory compliance, shareholder notifications, and documentation necessary to execute the transfer accurately. 4. Qualified Subsidiaries: Qualified subsidiaries, as defined in the agreement, are specific corporate entities, subsidiaries, or affiliates of Deutsche Telecom AG or NAB Nordamerika Beteiligungs Holding GmbH, meeting the predefined criteria for eligibility to receive the transferred shares. These subsidiaries play a vital role in strategic growth, business development, or overall investment objectives of the parent companies. 5. Agreement Types: Although not explicitly mentioned in the initial description, there can be different types of Minnesota Transfer Agreements based on the specific nature or context of the share transfer. These could include: a. Acquisition Agreement: A transfer agreement that facilitates the acquisition of shares from Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GmbH by their qualified subsidiaries. b. Merger Agreement: A transfer agreement focused on the merger of companies, where shares are exchanged between Deutsche Telecom AG, NAB Nordamerika Beteiligungs Holding GmbH, and their qualified subsidiaries. Conclusion: The Minnesota Transfer Agreement between Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GmbH regarding the transfer of shares to qualified subsidiaries ensures a transparent and legally compliant process. It allows the parent companies to effectively manage and consolidate their assets. Moreover, the specific type of agreement may vary based on the purpose, such as an acquisition agreement or merger agreement.
Title: Minnesota Transfer Agreement: Share Transfer between Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GmbH to Qualified Subsidiaries Introduction: The Minnesota Transfer Agreement refers to the legal arrangement between Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GmbH, involving the transfer of shares to one or more qualified subsidiaries. This agreement outlines the specific terms, conditions, and procedures governing the share transfer process. Let's delve into the details of this agreement, including its different types, if applicable. Keywords: Minnesota Transfer Agreement, Deutsche Telecom AG, NAB Nordamerika Beteiligungs Holding GmbH, Share Transfer, Qualified Subsidiaries, Agreement Types 1. Definition of Minnesota Transfer Agreement: The Minnesota Transfer Agreement is a legally binding arrangement that facilitates the transfer of shares from Deutsche Telecom AG to NAB Nordamerika Beteiligungs Holding GmbH, exclusively to their qualified subsidiaries. It ensures that the share transfer is conducted in compliance with relevant laws and regulations. 2. Objective of the Agreement: The primary objective of the Minnesota Transfer Agreement is to enable Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GmbH to transfer shares from their respective portfolios to one or more qualified subsidiaries. This transfer allows for efficient management and consolidation of assets within their corporate structure. 3. Share Transfer Process: The agreement outlines the step-by-step process for transferring shares to qualified subsidiaries. It includes requirements for due diligence, valuation of shares, regulatory compliance, shareholder notifications, and documentation necessary to execute the transfer accurately. 4. Qualified Subsidiaries: Qualified subsidiaries, as defined in the agreement, are specific corporate entities, subsidiaries, or affiliates of Deutsche Telecom AG or NAB Nordamerika Beteiligungs Holding GmbH, meeting the predefined criteria for eligibility to receive the transferred shares. These subsidiaries play a vital role in strategic growth, business development, or overall investment objectives of the parent companies. 5. Agreement Types: Although not explicitly mentioned in the initial description, there can be different types of Minnesota Transfer Agreements based on the specific nature or context of the share transfer. These could include: a. Acquisition Agreement: A transfer agreement that facilitates the acquisition of shares from Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GmbH by their qualified subsidiaries. b. Merger Agreement: A transfer agreement focused on the merger of companies, where shares are exchanged between Deutsche Telecom AG, NAB Nordamerika Beteiligungs Holding GmbH, and their qualified subsidiaries. Conclusion: The Minnesota Transfer Agreement between Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GmbH regarding the transfer of shares to qualified subsidiaries ensures a transparent and legally compliant process. It allows the parent companies to effectively manage and consolidate their assets. Moreover, the specific type of agreement may vary based on the purpose, such as an acquisition agreement or merger agreement.