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Rhode Island Securityholders Agreement between GST Telecommunications, Inc. and Ocean Horizon, SRL

State:
Multi-State
Control #:
US-EG-9425
Format:
Word; 
Rich Text
Instant download

Description

Securityholders Agreement between GST Telecommunications, Inc. and Ocean Horizon, SRL dated February 28, 1997. 24 pages. Rhode Island Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL The Rhode Island Security holders Agreement is a legally binding document that outlines the rights and responsibilities of GST Telecommunications, Inc. and Ocean Horizon, NRL as security holders in Rhode Island. This agreement ensures that both parties are aware of their obligations and privileges, thereby protecting their interests in the state. Some key aspects covered in the Rhode Island Security holders Agreement include: 1. Ownership Rights: The agreement clearly defines the ownership rights of GST Telecommunications, Inc. and Ocean Horizon, NRL, specifying the number of shares they hold and the specific securities involved. 2. Transfer of Securities: It outlines the conditions and procedures for the transfer of securities between the two parties, ensuring that any transfers are conducted in accordance with relevant Rhode Island laws and regulations. 3. Voting Rights: The agreement describes the voting rights of GST Telecommunications, Inc. and Ocean Horizon, NRL in relation to the securities they hold. It details the procedures for voting, including any quorum requirements and the methods for conducting the voting process. 4. Dividends and Distributions: The agreement specifies the rules and regulations regarding the payment of dividends and distributions. It outlines the manner in which these payments will be made and the frequency at which they will be distributed. 5. Confidentiality: The Rhode Island Security holders Agreement includes provisions to protect confidential information shared between GST Telecommunications, Inc. and Ocean Horizon, NRL. It ensures that both parties will maintain the confidentiality of any sensitive information they acquire through their security holder relationship. Different types of Rhode Island Security holders Agreements may exist depending on the specific details and circumstances of the agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL. For example, there could be different agreements based on the type of securities involved, such as common stock, preferred stock, or convertible bonds. Additionally, variations in terms and conditions may arise depending on the size of the investment or the specific objectives of each party involved. It is important for both GST Telecommunications, Inc. and Ocean Horizon, NRL to review and understand the terms of the Rhode Island Security holders Agreement thoroughly. Seeking legal counsel to ensure compliance with relevant laws and regulations is recommended before entering into such an agreement.

Rhode Island Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL The Rhode Island Security holders Agreement is a legally binding document that outlines the rights and responsibilities of GST Telecommunications, Inc. and Ocean Horizon, NRL as security holders in Rhode Island. This agreement ensures that both parties are aware of their obligations and privileges, thereby protecting their interests in the state. Some key aspects covered in the Rhode Island Security holders Agreement include: 1. Ownership Rights: The agreement clearly defines the ownership rights of GST Telecommunications, Inc. and Ocean Horizon, NRL, specifying the number of shares they hold and the specific securities involved. 2. Transfer of Securities: It outlines the conditions and procedures for the transfer of securities between the two parties, ensuring that any transfers are conducted in accordance with relevant Rhode Island laws and regulations. 3. Voting Rights: The agreement describes the voting rights of GST Telecommunications, Inc. and Ocean Horizon, NRL in relation to the securities they hold. It details the procedures for voting, including any quorum requirements and the methods for conducting the voting process. 4. Dividends and Distributions: The agreement specifies the rules and regulations regarding the payment of dividends and distributions. It outlines the manner in which these payments will be made and the frequency at which they will be distributed. 5. Confidentiality: The Rhode Island Security holders Agreement includes provisions to protect confidential information shared between GST Telecommunications, Inc. and Ocean Horizon, NRL. It ensures that both parties will maintain the confidentiality of any sensitive information they acquire through their security holder relationship. Different types of Rhode Island Security holders Agreements may exist depending on the specific details and circumstances of the agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL. For example, there could be different agreements based on the type of securities involved, such as common stock, preferred stock, or convertible bonds. Additionally, variations in terms and conditions may arise depending on the size of the investment or the specific objectives of each party involved. It is important for both GST Telecommunications, Inc. and Ocean Horizon, NRL to review and understand the terms of the Rhode Island Security holders Agreement thoroughly. Seeking legal counsel to ensure compliance with relevant laws and regulations is recommended before entering into such an agreement.

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Rhode Island Securityholders Agreement between GST Telecommunications, Inc. and Ocean Horizon, SRL