Nebraska Standstill and Deposition Agreement by Efficient Networks, Inc. and Cabletron Systems, Inc.

• Category: Corporations - Public - Standstill
• State: Multi-State
• Control #: US-EG-9405
• Format: Word; Rich Text

Description

Standstill and Deposition Agreement by Efficient Networks, Inc. and Cabletron Systems, Inc. regarding ownership of voting securities dated December 17, 1999. 19 pages. Nebraska Standstill and Deposition Agreement by Efficient Networks, Inc. and Cable tron Systems, Inc. Efficient Networks, Inc. and Cable tron Systems, Inc. entered into the Nebraska Standstill and Deposition Agreement, which is an important legal tool used in corporate transactions. This agreement outlines the terms and conditions that govern the standstill provisions, depositions, and other related matters between the two companies. The Nebraska Standstill and Deposition Agreement by Efficient Networks, Inc. and Cable tron Systems, Inc. is designed to maintain stability during negotiations and prevent any aggressive takeover attempts or disruptive actions. By signing this agreement, both parties commit to ensuring a fair and transparent process while safeguarding the interests of their respective shareholders. The agreement which was entered into the Nebraska jurisdiction, sets specific guidelines to control the behavior of both companies during the negotiation period. It typically prohibits either company from engaging in hostile takeover activities, including acquiring additional shares without the consent of the other party, launching proxy fights, or seeking board positions. This provision helps maintain a balanced playing field and encourages open communication and negotiation without undue pressure or aggression. Moreover, the Nebraska Standstill and Deposition Agreement may also include provisions regarding confidentiality, non-disclosure, and non-compete clauses. These clauses are aimed at protecting sensitive information exchanged between the two parties during the negotiation phase, ensuring it remains confidential and is not shared with third parties or used for competitive advantage. Different types of the Nebraska Standstill and Deposition Agreement may vary depending on the specific terms negotiated between Efficient Networks, Inc. and Cable tron Systems, Inc. For instance, the duration of the standstill provision can differ, ranging from a few months to several years. Additionally, the agreement may outline the process for appointing a neutral third-party mediator in case of disputes or the procedure for terminating the agreement in the event of a merger or acquisition. In summary, the Nebraska Standstill and Deposition Agreement by Efficient Networks, Inc. and Cable tron Systems, Inc. is a legally binding document that establishes guidelines and restrictions to ensure a fair and stable negotiation process. It governs the behavior of both parties, prohibits hostile actions, and protects confidential information. The agreement ultimately aims to create a conducive environment for productive negotiations while safeguarding the interests of shareholders from both companies.

Nebraska Standstill and Deposition Agreement by Efficient Networks, Inc. and Cable tron Systems, Inc. Efficient Networks, Inc. and Cable tron Systems, Inc. entered into the Nebraska Standstill and Deposition Agreement, which is an important legal tool used in corporate transactions. This agreement outlines the terms and conditions that govern the standstill provisions, depositions, and other related matters between the two companies. The Nebraska Standstill and Deposition Agreement by Efficient Networks, Inc. and Cable tron Systems, Inc. is designed to maintain stability during negotiations and prevent any aggressive takeover attempts or disruptive actions. By signing this agreement, both parties commit to ensuring a fair and transparent process while safeguarding the interests of their respective shareholders. The agreement which was entered into the Nebraska jurisdiction, sets specific guidelines to control the behavior of both companies during the negotiation period. It typically prohibits either company from engaging in hostile takeover activities, including acquiring additional shares without the consent of the other party, launching proxy fights, or seeking board positions. This provision helps maintain a balanced playing field and encourages open communication and negotiation without undue pressure or aggression. Moreover, the Nebraska Standstill and Deposition Agreement may also include provisions regarding confidentiality, non-disclosure, and non-compete clauses. These clauses are aimed at protecting sensitive information exchanged between the two parties during the negotiation phase, ensuring it remains confidential and is not shared with third parties or used for competitive advantage. Different types of the Nebraska Standstill and Deposition Agreement may vary depending on the specific terms negotiated between Efficient Networks, Inc. and Cable tron Systems, Inc. For instance, the duration of the standstill provision can differ, ranging from a few months to several years. Additionally, the agreement may outline the process for appointing a neutral third-party mediator in case of disputes or the procedure for terminating the agreement in the event of a merger or acquisition. In summary, the Nebraska Standstill and Deposition Agreement by Efficient Networks, Inc. and Cable tron Systems, Inc. is a legally binding document that establishes guidelines and restrictions to ensure a fair and stable negotiation process. It governs the behavior of both parties, prohibits hostile actions, and protects confidential information. The agreement ultimately aims to create a conducive environment for productive negotiations while safeguarding the interests of shareholders from both companies.