Stockholders Agreement between America Online, Inc., MQ Acquisition, Inc., and Mapquest.Com, Inc. dated December 21, 1999. 11 pages
A Missouri Stockholders Agreement is a legally binding contract entered into by America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. It outlines the terms and conditions that govern their relationship as stockholders in the state of Missouri. This agreement typically covers various aspects such as ownership rights, voting rights, dividend distribution, and the transfer of shares among the parties involved. It sets forth the rights and duties of each stockholder and aims to protect their individual interests, while also promoting the long-term success and growth of the companies. Under a Missouri Stockholders Agreement, America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. may have different types of agreements, including: 1. Voting Agreement: This type of agreement stipulates how the stockholders will vote on important matters, such as the appointment of directors, major corporate decisions, or the approval of mergers and acquisitions. It ensures that the stockholders are aligned in their decision-making. 2. Right of First Refusal Agreement: Here, the parties agree that if one stockholder decides to sell their shares, they must first offer them to the other stockholders before selling to a third party. This gives existing stockholders the opportunity to maintain their proportionate ownership and control over the company. 3. Drag-Along Agreement: In the event that a majority of stockholders agree to sell the company, this agreement compels the minority stockholders to join the sale and sell their shares as well. It ensures a smooth transaction and prevents minority stockholders from obstructing the sale process. 4. Tag-Along Agreement: Conversely, if a stockholder receives an offer from a third party to purchase their shares, this agreement gives the other stockholders the right to include their shares in the sale on the same terms and conditions. It protects the minority stockholders from being left behind during a change in ownership. 5. Dividend Agreement: This agreement determines how dividends will be distributed among the stockholders. It specifies the timing, frequency, and calculation method for dividend payments, ensuring fairness and transparency. In conclusion, an in-depth Missouri Stockholders Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. is a crucial document that establishes the rights and obligations of the stockholders involved. It promotes cooperative decision-making and safeguards the interests of all parties, providing a solid foundation for their successful business partnership.
A Missouri Stockholders Agreement is a legally binding contract entered into by America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. It outlines the terms and conditions that govern their relationship as stockholders in the state of Missouri. This agreement typically covers various aspects such as ownership rights, voting rights, dividend distribution, and the transfer of shares among the parties involved. It sets forth the rights and duties of each stockholder and aims to protect their individual interests, while also promoting the long-term success and growth of the companies. Under a Missouri Stockholders Agreement, America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. may have different types of agreements, including: 1. Voting Agreement: This type of agreement stipulates how the stockholders will vote on important matters, such as the appointment of directors, major corporate decisions, or the approval of mergers and acquisitions. It ensures that the stockholders are aligned in their decision-making. 2. Right of First Refusal Agreement: Here, the parties agree that if one stockholder decides to sell their shares, they must first offer them to the other stockholders before selling to a third party. This gives existing stockholders the opportunity to maintain their proportionate ownership and control over the company. 3. Drag-Along Agreement: In the event that a majority of stockholders agree to sell the company, this agreement compels the minority stockholders to join the sale and sell their shares as well. It ensures a smooth transaction and prevents minority stockholders from obstructing the sale process. 4. Tag-Along Agreement: Conversely, if a stockholder receives an offer from a third party to purchase their shares, this agreement gives the other stockholders the right to include their shares in the sale on the same terms and conditions. It protects the minority stockholders from being left behind during a change in ownership. 5. Dividend Agreement: This agreement determines how dividends will be distributed among the stockholders. It specifies the timing, frequency, and calculation method for dividend payments, ensuring fairness and transparency. In conclusion, an in-depth Missouri Stockholders Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. is a crucial document that establishes the rights and obligations of the stockholders involved. It promotes cooperative decision-making and safeguards the interests of all parties, providing a solid foundation for their successful business partnership.