Pennsylvania 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 Pennsylvania Registration Rights Agreement is a legally binding contract between Turn stone Systems, Inc. (hereinafter referred to as "the Company") and a purchaser (hereinafter referred to as "the Purchaser") pertaining to the registration of certain securities issued or to be issued by the Company. This agreement grants certain rights to the Purchaser in terms of registering these securities with the Securities and Exchange Commission (SEC) or any other applicable regulatory authority. The primary purpose of a Pennsylvania Registration Rights Agreement is to ensure that the Purchaser has the ability to sell or transfer the securities in question with ease by registering them with the appropriate regulatory bodies. This agreement provides the Purchaser with certain specified registration rights that protect their investment and enhance liquidity in the marketplace. The most common types of Pennsylvania Registration Rights Agreements between Turn stone Systems, Inc. and the Purchaser include: 1. Demand Registration Rights: This provision allows the Purchaser to request that the Company registers its securities with the SEC or other regulatory bodies within a specified time frame. The Company is required to use reasonable efforts to fulfill these registration requests. 2. Piggyback Registration Rights: With this provision, the Purchaser has the right to include their securities in any registration statement filed by the Company. If the Company plans to register additional securities for its own benefit, the Purchaser can "piggyback" on that registration, allowing them to sell their securities alongside the Company's offering. 3. Shelf Registration Rights: This type of agreement allows the Purchaser to have their securities included in a shelf registration statement filed by the Company, which enables them to have greater flexibility in selling their securities over time. 4. Form S-3 Rights: If the Company becomes eligible to use Form S-3, a simplified registration process, the Purchaser may have the right to elect to have their securities registered on this form, subject to certain conditions. Throughout the Pennsylvania Registration Rights Agreement, relevant keywords may include Turn stone Systems, Inc., purchaser, securities, registration, SEC, regulatory authority, demand registration rights, piggyback registration rights, shelf registration rights, Form S-3 rights, liquidity, investment, transfer, marketplace, and regulatory bodies.

A Pennsylvania Registration Rights Agreement is a legally binding contract between Turn stone Systems, Inc. (hereinafter referred to as "the Company") and a purchaser (hereinafter referred to as "the Purchaser") pertaining to the registration of certain securities issued or to be issued by the Company. This agreement grants certain rights to the Purchaser in terms of registering these securities with the Securities and Exchange Commission (SEC) or any other applicable regulatory authority. The primary purpose of a Pennsylvania Registration Rights Agreement is to ensure that the Purchaser has the ability to sell or transfer the securities in question with ease by registering them with the appropriate regulatory bodies. This agreement provides the Purchaser with certain specified registration rights that protect their investment and enhance liquidity in the marketplace. The most common types of Pennsylvania Registration Rights Agreements between Turn stone Systems, Inc. and the Purchaser include: 1. Demand Registration Rights: This provision allows the Purchaser to request that the Company registers its securities with the SEC or other regulatory bodies within a specified time frame. The Company is required to use reasonable efforts to fulfill these registration requests. 2. Piggyback Registration Rights: With this provision, the Purchaser has the right to include their securities in any registration statement filed by the Company. If the Company plans to register additional securities for its own benefit, the Purchaser can "piggyback" on that registration, allowing them to sell their securities alongside the Company's offering. 3. Shelf Registration Rights: This type of agreement allows the Purchaser to have their securities included in a shelf registration statement filed by the Company, which enables them to have greater flexibility in selling their securities over time. 4. Form S-3 Rights: If the Company becomes eligible to use Form S-3, a simplified registration process, the Purchaser may have the right to elect to have their securities registered on this form, subject to certain conditions. Throughout the Pennsylvania Registration Rights Agreement, relevant keywords may include Turn stone Systems, Inc., purchaser, securities, registration, SEC, regulatory authority, demand registration rights, piggyback registration rights, shelf registration rights, Form S-3 rights, liquidity, investment, transfer, marketplace, and regulatory bodies.