Securityholders Agreement between GST Telecommunications, Inc. and Ocean Horizon, SRL dated February 28, 1997. 24 pages.
Title: Understanding the Oklahoma Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL Introduction: The Oklahoma Security holders Agreement symbolizes a legal and contractual understanding between GST Telecommunications, Inc. (GST) and Ocean Horizon, NRL (Ocean Horizon). This article will provide a detailed description of this agreement, its purpose, significance, and the potential types of agreements that may fall under this category. Description: 1. Definition: The Oklahoma Security holders Agreement is a legally binding document that outlines the rights, responsibilities, and obligations of security holders — individuals or entities holding securities — within the context of GST Telecommunications, Inc. and Ocean Horizon, NRL. 2. Purpose: The primary purpose of this agreement is to establish a framework that governs the relationship between the two entities and provides guidance to ensure transparency, fairness, and security for all security holders involved. 3. Key Provisions and Clauses: The agreement typically includes provisions such as: — IdentificatiosecuritytholderRSSr— - Terms and conditions of securities ownership — Details of ownership rights, including voting rights and dividend entitlements — Restrictions on transfer or sale of securities — Procedures for disputresolutionio— - Confidentiality and non-disclosure clauses — Procedures for making amendments to the agreement — Termination or severability clauses 4. Types of Oklahoma Security holders Agreements: While the exact variations of Oklahoma Security holders Agreements may vary, potential types under this category can include: — CommoSecuritholderRSSrs Agreement: Establishes the rights and privileges of security holders who hold ordinary shares of GST Telecommunications and Ocean Horizon but do not possess any additional special rights or preferences. — PreferreSecuritholderRSSrs Agreement: Outlines the special rights, preferences, and privileges granted to certain classes of security holders, such as preferred shareholders who may have priority regarding dividends, liquidation proceeds, or voting rights. — Exclusive EquitSecuritholderRSSrs Agreement: This agreement ensures that equity security holders are the exclusive group entitled to specific rights or benefits, giving them a greater level of control or protection within the framework of the partnership. Conclusion: The Oklahoma Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL serves as a cornerstone legal document that defines the rights, obligations, and relationship between these entities and their respective security holders. By providing a structured framework, this agreement aims to foster transparency, promote fair practices, and ensure the security of security holders' interests.
Title: Understanding the Oklahoma Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL Introduction: The Oklahoma Security holders Agreement symbolizes a legal and contractual understanding between GST Telecommunications, Inc. (GST) and Ocean Horizon, NRL (Ocean Horizon). This article will provide a detailed description of this agreement, its purpose, significance, and the potential types of agreements that may fall under this category. Description: 1. Definition: The Oklahoma Security holders Agreement is a legally binding document that outlines the rights, responsibilities, and obligations of security holders — individuals or entities holding securities — within the context of GST Telecommunications, Inc. and Ocean Horizon, NRL. 2. Purpose: The primary purpose of this agreement is to establish a framework that governs the relationship between the two entities and provides guidance to ensure transparency, fairness, and security for all security holders involved. 3. Key Provisions and Clauses: The agreement typically includes provisions such as: — IdentificatiosecuritytholderRSSr— - Terms and conditions of securities ownership — Details of ownership rights, including voting rights and dividend entitlements — Restrictions on transfer or sale of securities — Procedures for disputresolutionio— - Confidentiality and non-disclosure clauses — Procedures for making amendments to the agreement — Termination or severability clauses 4. Types of Oklahoma Security holders Agreements: While the exact variations of Oklahoma Security holders Agreements may vary, potential types under this category can include: — CommoSecuritholderRSSrs Agreement: Establishes the rights and privileges of security holders who hold ordinary shares of GST Telecommunications and Ocean Horizon but do not possess any additional special rights or preferences. — PreferreSecuritholderRSSrs Agreement: Outlines the special rights, preferences, and privileges granted to certain classes of security holders, such as preferred shareholders who may have priority regarding dividends, liquidation proceeds, or voting rights. — Exclusive EquitSecuritholderRSSrs Agreement: This agreement ensures that equity security holders are the exclusive group entitled to specific rights or benefits, giving them a greater level of control or protection within the framework of the partnership. Conclusion: The Oklahoma Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL serves as a cornerstone legal document that defines the rights, obligations, and relationship between these entities and their respective security holders. By providing a structured framework, this agreement aims to foster transparency, promote fair practices, and ensure the security of security holders' interests.