Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser dated January 12, 1998. 6 pages
Title: Everything You Need to Know About Oregon Amendment No. 1 to Registration Rights Agreement between Turn stone Systems, Inc. and Purchaser Keywords: Oregon Amendment No. 1, Registration Rights Agreement, Turn stone Systems Inc., purchaser, agreement types. Introduction: Oregon Amendment No. 1 to the Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser is a significant legal document that amends the terms and conditions of the original agreement. This article aims to provide a detailed description and explanation of the different types of Oregon Amendment No. 1 to the Registration Rights Agreement. 1. Explanation of the Oregon Amendment No. 1: Oregon Amendment No. 1 is an addendum to the Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser. It introduces revisions, modifications, and updates to various provisions of the original agreement. The purpose is to reflect changes in legal requirements, business strategies, or to accommodate particular circumstances. 2. Parties Involved: The Oregon Amendment No. 1 involves two main parties: Turn stone Systems, Inc. (the corporation offering securities) and the purchaser (individual or entity acquiring the securities). These parties must both agree and sign the amendment for it to come into effect. 3. Scope of Oregon Amendment No. 1: The scope of Oregon Amendment No. 1 encompasses various aspects of the Registration Rights Agreement, such as the number of shares subject to registration, timing of registration, allocation of expenses, transfer restrictions, and other pertinent clauses. It is crucial to review the amendment carefully to understand the modifications made. 4. Common Types of Oregon Amendment No. 1: There can be different types of Oregon Amendment No. 1 to the Registration Rights Agreement, each addressing specific changes. Some common types of amendments include: — Amendment to Shareholder Rights: This type of amendment may modify the shareholders' rights, including voting rights, dividend preferences, or liquidation rights. — Amendment to Registration Process: This amendment focuses on altering the registration process, such as the obligations of the issuer and purchaser regarding filing registration statements, timing of registration, or registration fees. — Amendment to Transfer Restrictions: This type of amendment revises the rules governing the transfer of shares between parties. — Amendment for Compliance with Regulatory Changes: If any new legislation or regulatory requirements come into effect, an amendment might be required to ensure compliance with such changes. Conclusion: Understanding the purpose and implications of Oregon Amendment No. 1 to the Registration Rights Agreement is essential for all parties involved. It allows Turn stone Systems, Inc. and its purchasers to be aware of any amendments or modifications, ensuring a transparent and legally compliant business transaction. Consulting legal professionals is always recommended before agreeing to any amendments to the original agreement.
Title: Everything You Need to Know About Oregon Amendment No. 1 to Registration Rights Agreement between Turn stone Systems, Inc. and Purchaser Keywords: Oregon Amendment No. 1, Registration Rights Agreement, Turn stone Systems Inc., purchaser, agreement types. Introduction: Oregon Amendment No. 1 to the Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser is a significant legal document that amends the terms and conditions of the original agreement. This article aims to provide a detailed description and explanation of the different types of Oregon Amendment No. 1 to the Registration Rights Agreement. 1. Explanation of the Oregon Amendment No. 1: Oregon Amendment No. 1 is an addendum to the Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser. It introduces revisions, modifications, and updates to various provisions of the original agreement. The purpose is to reflect changes in legal requirements, business strategies, or to accommodate particular circumstances. 2. Parties Involved: The Oregon Amendment No. 1 involves two main parties: Turn stone Systems, Inc. (the corporation offering securities) and the purchaser (individual or entity acquiring the securities). These parties must both agree and sign the amendment for it to come into effect. 3. Scope of Oregon Amendment No. 1: The scope of Oregon Amendment No. 1 encompasses various aspects of the Registration Rights Agreement, such as the number of shares subject to registration, timing of registration, allocation of expenses, transfer restrictions, and other pertinent clauses. It is crucial to review the amendment carefully to understand the modifications made. 4. Common Types of Oregon Amendment No. 1: There can be different types of Oregon Amendment No. 1 to the Registration Rights Agreement, each addressing specific changes. Some common types of amendments include: — Amendment to Shareholder Rights: This type of amendment may modify the shareholders' rights, including voting rights, dividend preferences, or liquidation rights. — Amendment to Registration Process: This amendment focuses on altering the registration process, such as the obligations of the issuer and purchaser regarding filing registration statements, timing of registration, or registration fees. — Amendment to Transfer Restrictions: This type of amendment revises the rules governing the transfer of shares between parties. — Amendment for Compliance with Regulatory Changes: If any new legislation or regulatory requirements come into effect, an amendment might be required to ensure compliance with such changes. Conclusion: Understanding the purpose and implications of Oregon Amendment No. 1 to the Registration Rights Agreement is essential for all parties involved. It allows Turn stone Systems, Inc. and its purchasers to be aware of any amendments or modifications, ensuring a transparent and legally compliant business transaction. Consulting legal professionals is always recommended before agreeing to any amendments to the original agreement.