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New York Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser

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Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser dated January 12, 1998. 6 pages

Title: Understanding New York Amendment No. 1 to Registration Rights Agreement between Turn stone Systems, Inc. and Purchaser Introduction: New York Amendment No. 1 to Registration Rights Agreement is a legal document that modifies the terms and conditions of the initial agreement between Turn stone Systems, Inc. (referred to as "Turn stone") and a purchaser (referred to as "Purchaser"). This amendment ensures the compliance of both parties with registration rights related to the transfer and registration of securities. Let's delve into the details of this important agreement to gain a comprehensive understanding. Key Terms: 1. New York Amendment: New York Amendment No. 1 is the first modification made to the original Registration Rights Agreement, specifically tailored to adhere to the specific regulations and requirements of New York state law. 2. Registration Rights Agreement: The initial agreement signed between Turn stone Systems, Inc. and the Purchaser, granting specific rights related to the registration and transfer of securities. 3. Turn stone Systems, Inc.: The legal entity and corporate entity party to the amendment as the issuer and granter of the registration rights. 4. Purchaser: The party on the receiving end of the registration rights granted by Turn stone, typically an investor or share purchaser. 5. Securities: Refers to the stocks, bonds, or other financial instruments issued by Turn stone Systems, Inc., which are eligible for registration as per the agreement. Types of New York Amendment No. 1: While the core elements of New York Amendment No. 1 remain constant, certain variances may exist based on specific agreements. These may include: 1. Amended Terms and Conditions: The amendment may modify existing terms and conditions of the Registration Rights Agreement, such as the duration, termination clauses, or any other relevant provisions. 2. Revised Securities Registration Procedure: The amendment may introduce changes to the process of registering securities, specifying the required documentation, deadlines, or disclosure regulations. 3. Additional Registration Rights: In certain cases, New York Amendment No. 1 may grant additional rights to the Purchaser, allowing them to register securities beyond what was initially agreed upon. 4. Termination or Extension: The amendment may include provisions that outline termination clauses or the possibility of extending the Registration Rights Agreement beyond its original expiration date. Conclusion: The New York Amendment No. 1 to Registration Rights Agreement between Turn stone Systems, Inc. and the Purchaser is a modification made to the initial agreement, ensuring compliance with New York state law. This amendment introduces changes, variations, or additional provisions specific to the relationship between Turn stone and the Purchaser. The primary goal is to safeguard the registration rights associated with the transfer and registration of securities, streamlining the process for both parties involved while adhering to legal obligations and requirements.

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What Is Registration Right? A registration right is a right entitling an investor who owns restricted stock to require that a company list the shares publicly so that the investor can sell them. Registration rights, if exercised, can force a privately-held company to become a publicly-traded company.

?Definition? A registration rights provision in a term sheet allows an investor to require a company to register the investor's shares with the SEC when certain conditions are met, ensuring that the investor has the opportunity to sell their shares in the public market.

Demand registration rights, where an investor can force a company to file a registration statement to register the holder's securities so the investor can sell them in the public market without restriction.

Demand registration rights, where an investor can force a company to file a registration statement to register the holder's securities so the investor can sell them in the public market without restriction.

An Investor Rights Agreement (IRA) is an agreement between an investor and a company that contractually guarantees the investor certain rights including, but not limited to, voting rights, inspection rights, rights of first refusal, and observer rights.

Demand registration rights enable the stockholder to require the issuer to register all or a portion of its shares. Piggyback registration rights allow a stockholder to include shares in a registration being effected by the issuer either for its own account or for the benefit of other selling stockholders.

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This amendment is designed to address certain registration rights ... 1 to Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser ... Make sure the form meets all the necessary state requirements. If available preview it and read the description prior to buying it. Click Buy Now. Select the ...1 The Company shall, as soon as reasonably practicable, but in any event within thirty (30) days after the Closing Date, file a Registration Statement under the ... Jun 12, 2023 — The registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the ... Registration Statement, the General Disclosure Package and the Prospectus as under development by the Company or any subsidiary fall within the scope of the ... (1). To elect the two Class I directors named in the attached proxy statement, each to serve until our 2025 Annual Meeting of Stockholders. · (2). To ratify the ... Jul 24, 2023 — ... Agreement filed as Exhibit 1.1 to the Issuer's Registration Statement on Form S-1/A (File No. 333-272600), filed with the SEC on July 17, 2022). Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that only one statement containing the ... The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a ... (1) Includes 750,000 shares that the underwriters have an option to purchase. (2) Estimated solely for the purpose of calculating the registration fee pursuant ...

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New York Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser