New Mexico 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 New Mexico Registration Rights Agreement between Turn stone Systems, Inc. and purchaser is a legally binding document that outlines the rights and obligations of both parties regarding the registration of securities. This agreement ensures transparency and compliance with state and federal securities laws. The primary purpose of the New Mexico Registration Rights Agreement is to grant the purchaser the right to request the registration of their securities in accordance with the applicable securities regulations. This allows the purchaser to sell or transfer their securities without restrictions, which may enhance liquidity and marketability. The agreement also specifies the conditions under which the registration can be made, such as the timing and process. It may outline the form and content of registration statements, including financial disclosures and other necessary documentation. This ensures that the registration process is conducted in a timely and efficient manner. Furthermore, the New Mexico Registration Rights Agreement may include provisions on the expenses associated with the registration process. These expenses may include legal fees, accounting fees, and registration fees. The agreement may clarify whether these costs are borne solely by the purchaser or shared between the parties. In some cases, there may be different types of New Mexico Registration Rights Agreements between Turn stone Systems, Inc. and the purchaser. These variations often depend on the specific rights and privileges granted to the purchasers. Some different types may include: 1. Piggyback Registration Rights Agreement: This type of agreement grants the purchaser the right to participate in a registration statement filed by Turn stone Systems, Inc. or other existing shareholders. The purchaser can "piggyback" on this registration and have their securities included. 2. Demand Registration Rights Agreement: In this type of agreement, the purchaser has the right to demand that Turn stone Systems, Inc. register their securities within a specified time frame. Turn stone Systems, Inc. is obliged to comply with this demand, subject to certain conditions and limitations stated in the agreement. 3. Shelf Registration Rights Agreement: This agreement allows the purchaser to have their securities registered in advance and included in a shelf registration statement. Shelf registration allows the purchaser to sell their securities periodically over a predetermined period without the need for additional registration filings. These different types of New Mexico Registration Rights Agreements provide various options for purchasers, depending on their specific needs and circumstances. Turn stone Systems, Inc. and the purchaser can negotiate and tailor the agreement to best suit their interests while ensuring compliance with relevant securities laws and regulations.

New Mexico Registration Rights Agreement between Turn stone Systems, Inc. and purchaser is a legally binding document that outlines the rights and obligations of both parties regarding the registration of securities. This agreement ensures transparency and compliance with state and federal securities laws. The primary purpose of the New Mexico Registration Rights Agreement is to grant the purchaser the right to request the registration of their securities in accordance with the applicable securities regulations. This allows the purchaser to sell or transfer their securities without restrictions, which may enhance liquidity and marketability. The agreement also specifies the conditions under which the registration can be made, such as the timing and process. It may outline the form and content of registration statements, including financial disclosures and other necessary documentation. This ensures that the registration process is conducted in a timely and efficient manner. Furthermore, the New Mexico Registration Rights Agreement may include provisions on the expenses associated with the registration process. These expenses may include legal fees, accounting fees, and registration fees. The agreement may clarify whether these costs are borne solely by the purchaser or shared between the parties. In some cases, there may be different types of New Mexico Registration Rights Agreements between Turn stone Systems, Inc. and the purchaser. These variations often depend on the specific rights and privileges granted to the purchasers. Some different types may include: 1. Piggyback Registration Rights Agreement: This type of agreement grants the purchaser the right to participate in a registration statement filed by Turn stone Systems, Inc. or other existing shareholders. The purchaser can "piggyback" on this registration and have their securities included. 2. Demand Registration Rights Agreement: In this type of agreement, the purchaser has the right to demand that Turn stone Systems, Inc. register their securities within a specified time frame. Turn stone Systems, Inc. is obliged to comply with this demand, subject to certain conditions and limitations stated in the agreement. 3. Shelf Registration Rights Agreement: This agreement allows the purchaser to have their securities registered in advance and included in a shelf registration statement. Shelf registration allows the purchaser to sell their securities periodically over a predetermined period without the need for additional registration filings. These different types of New Mexico Registration Rights Agreements provide various options for purchasers, depending on their specific needs and circumstances. Turn stone Systems, Inc. and the purchaser can negotiate and tailor the agreement to best suit their interests while ensuring compliance with relevant securities laws and regulations.