The Texas Stockholders' Rights Plan of Data scope Corp. refers to a corporate governance mechanism implemented by Data scope Corp., a company incorporated in Texas, to protect the interests of its stockholders. This plan aims to safeguard stockholders' rights and prevent hostile takeovers or actions that could potentially dilute their ownership in the company. One type of Texas Stockholders' Rights Plan used by Data scope Corp. is the 'poison pill' provision. This provision empowers existing stockholders with the right to purchase additional shares at a discounted price in the event of a hostile takeover attempt. By doing so, it makes an acquisition prohibitively expensive for the acquiring company, thus discouraging hostile takeovers and protecting the interests of Data scope Corp.'s stockholders. Another type of Texas Stockholders' Rights Plan employed by Data scope Corp. is the 'flip-in' provision. This provision allows existing stockholders, except the acquiring company, to purchase additional shares at a significantly discounted price if a hostile bid exceeds a predetermined threshold (usually a certain percentage of outstanding shares). This provision ensures that the acquiring company faces substantial dilution of its ownership stake, making the takeover less desirable. The Texas Stockholders' Rights Plan of Data scope Corp. may also involve a 'poison put' provision, which enables existing stockholders to sell their shares to the company at an above-market price if a hostile takeover occurs. This gives stockholders an attractive exit option if they are not in favor of the new controlling entity. In addition to these variations, the Texas Stockholders' Rights Plan of Data scope Corp. may include further provisions aimed at protecting stockholders' rights. These can involve restrictions on certain transactions or actions, such as the issuance of shares, changes to board composition, or amendments to corporate bylaws, without the approval of a majority of stockholders. Overall, the Texas Stockholders' Rights Plan of Data scope Corp. is a comprehensive framework that acts as a defense mechanism against hostile takeovers. It assures stockholders that their ownership rights and economic interests will not be unduly compromised without their consent, allowing them to have a significant say in major corporate decisions.