New Hampshire 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 A New Hampshire Registration Rights Agreement is a legally binding contract between Turn stone Systems, Inc. (the "Company") and a purchaser, outlining their respective rights and obligations regarding the registration of securities under New Hampshire state law. This agreement grants the purchaser certain rights to ensure their ability to register and sell their securities in compliance with applicable laws and regulations. This agreement sets out the terms and conditions under which the purchaser can request the Company to register their securities with the appropriate regulatory authorities in New Hampshire. The primary purpose of this agreement is to protect the purchaser's investment by providing them with the right to have their securities registered and sold when they deem it necessary. The New Hampshire Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser typically includes the following key elements: 1. Registration Requirements: This section outlines the obligations of the Company to undertake the necessary steps to register the purchaser's securities, including filing registration statements and complying with applicable securities laws. 2. Demand Registration: This clause grants the purchaser the right to request the Company to file a registration statement with the relevant regulatory authorities. The purchaser must meet certain conditions, such as holding a minimum number of securities, to exercise this right. 3. Piggyback Registration: This provision allows the purchaser to include their securities in the Company's registration statement alongside the Company's securities. If the Company decides to initiate a public offering, the purchaser can piggyback on that registration, streamlining the process and reducing costs. 4. Registration Expenses: This section clarifies the allocation of expenses related to the registration process. It specifies whether the Company or the purchaser bears the costs associated with registration, including legal fees, filing fees, and other expenses. 5. Indemnification: This clause ensures that the Company indemnifies the purchaser against any losses, damages, or liabilities arising from the registration of securities, including any misstatements or omissions in the registration statement. While there might not be different types of New Hampshire Registration Rights Agreements specifically between Turn stone Systems, Inc. and the purchaser, variations in terms, conditions, and specific rights offered to the purchaser may exist depending on the negotiation between the parties. These agreements are often tailored to meet the specific needs and circumstances of both the Company and the purchaser. In conclusion, a New Hampshire Registration Rights Agreement is a crucial document that provides the purchaser with the rights and protections necessary to register and sell their securities under New Hampshire state law. It serves as a foundational agreement that establishes the framework for cooperation and compliance between Turn stone Systems, Inc. and the purchaser.

A New Hampshire Registration Rights Agreement is a legally binding contract between Turn stone Systems, Inc. (the "Company") and a purchaser, outlining their respective rights and obligations regarding the registration of securities under New Hampshire state law. This agreement grants the purchaser certain rights to ensure their ability to register and sell their securities in compliance with applicable laws and regulations. This agreement sets out the terms and conditions under which the purchaser can request the Company to register their securities with the appropriate regulatory authorities in New Hampshire. The primary purpose of this agreement is to protect the purchaser's investment by providing them with the right to have their securities registered and sold when they deem it necessary. The New Hampshire Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser typically includes the following key elements: 1. Registration Requirements: This section outlines the obligations of the Company to undertake the necessary steps to register the purchaser's securities, including filing registration statements and complying with applicable securities laws. 2. Demand Registration: This clause grants the purchaser the right to request the Company to file a registration statement with the relevant regulatory authorities. The purchaser must meet certain conditions, such as holding a minimum number of securities, to exercise this right. 3. Piggyback Registration: This provision allows the purchaser to include their securities in the Company's registration statement alongside the Company's securities. If the Company decides to initiate a public offering, the purchaser can piggyback on that registration, streamlining the process and reducing costs. 4. Registration Expenses: This section clarifies the allocation of expenses related to the registration process. It specifies whether the Company or the purchaser bears the costs associated with registration, including legal fees, filing fees, and other expenses. 5. Indemnification: This clause ensures that the Company indemnifies the purchaser against any losses, damages, or liabilities arising from the registration of securities, including any misstatements or omissions in the registration statement. While there might not be different types of New Hampshire Registration Rights Agreements specifically between Turn stone Systems, Inc. and the purchaser, variations in terms, conditions, and specific rights offered to the purchaser may exist depending on the negotiation between the parties. These agreements are often tailored to meet the specific needs and circumstances of both the Company and the purchaser. In conclusion, a New Hampshire Registration Rights Agreement is a crucial document that provides the purchaser with the rights and protections necessary to register and sell their securities under New Hampshire state law. It serves as a foundational agreement that establishes the framework for cooperation and compliance between Turn stone Systems, Inc. and the purchaser.