Stockholders Agreement between America Online, Inc., MQ Acquisition, Inc., and Mapquest.Com, Inc. dated December 21, 1999. 11 pages
The Texas Stockholders Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. is a comprehensive legal document that outlines the rights, responsibilities, and obligations of the shareholders. This agreement is specifically tailored for companies incorporated in Texas and serves as a key tool in managing the relationship between these entities. Keywords: Texas Stockholders Agreement, America Online Inc., ME Acquisition Inc., MapQuest. Com Inc. The Texas Stockholders Agreement comprises several key elements, including: 1. Purpose and Scope: This section clearly defines the purpose and scope of the agreement. It states that the agreement governs the rights and obligations of the shareholders, regulates the management and operation of the company, and addresses matters related to share ownership. 2. Shareholders' Rights: This section outlines the rights and privileges enjoyed by each shareholder. It includes provisions related to voting rights, dividend entitlements, and information access rights. The agreement ensures that each shareholder has a fair and equal say in important matters affecting the company. 3. Share Transfers: This section discusses the conditions and procedures for transferring shares among the shareholders. It outlines any restrictions on the transferability of shares and establishes a mechanism for approving or vetoing such transfers, ensuring that control over the company remains within the agreed-upon parties. 4. Board of Directors: This section stipulates the composition, powers, and responsibilities of the company's board of directors. It addresses matters such as board meetings, appointment procedures, and decision-making requirements. The agreement aims to maintain a balanced representation of the shareholders on the board and promotes transparent corporate governance. 5. Dispute Resolution: This section outlines the procedures for resolving any disputes or disagreements that may arise among the shareholders. It typically includes provisions for negotiation, mediation, and, if necessary, arbitration or litigation. The agreement ensures that any conflicts are handled in a fair and efficient manner, minimizing disruption to the company's operations. Different types of Texas Stockholders Agreements may exist based on the specific context and requirements of the parties involved. For example, variations can be seen in agreements related to different industries, changes in ownership structures, or the inclusion of additional clauses specific to certain corporate transactions (e.g., mergers or acquisitions). By employing a well-drafted Texas Stockholders Agreement, America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. can establish a clear framework for managing their relationship as shareholders in a Texas-incorporated company. It ensures transparency, protects the rights and interests of each party, and helps facilitate the smooth and efficient operation of the business.
The Texas Stockholders Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. is a comprehensive legal document that outlines the rights, responsibilities, and obligations of the shareholders. This agreement is specifically tailored for companies incorporated in Texas and serves as a key tool in managing the relationship between these entities. Keywords: Texas Stockholders Agreement, America Online Inc., ME Acquisition Inc., MapQuest. Com Inc. The Texas Stockholders Agreement comprises several key elements, including: 1. Purpose and Scope: This section clearly defines the purpose and scope of the agreement. It states that the agreement governs the rights and obligations of the shareholders, regulates the management and operation of the company, and addresses matters related to share ownership. 2. Shareholders' Rights: This section outlines the rights and privileges enjoyed by each shareholder. It includes provisions related to voting rights, dividend entitlements, and information access rights. The agreement ensures that each shareholder has a fair and equal say in important matters affecting the company. 3. Share Transfers: This section discusses the conditions and procedures for transferring shares among the shareholders. It outlines any restrictions on the transferability of shares and establishes a mechanism for approving or vetoing such transfers, ensuring that control over the company remains within the agreed-upon parties. 4. Board of Directors: This section stipulates the composition, powers, and responsibilities of the company's board of directors. It addresses matters such as board meetings, appointment procedures, and decision-making requirements. The agreement aims to maintain a balanced representation of the shareholders on the board and promotes transparent corporate governance. 5. Dispute Resolution: This section outlines the procedures for resolving any disputes or disagreements that may arise among the shareholders. It typically includes provisions for negotiation, mediation, and, if necessary, arbitration or litigation. The agreement ensures that any conflicts are handled in a fair and efficient manner, minimizing disruption to the company's operations. Different types of Texas Stockholders Agreements may exist based on the specific context and requirements of the parties involved. For example, variations can be seen in agreements related to different industries, changes in ownership structures, or the inclusion of additional clauses specific to certain corporate transactions (e.g., mergers or acquisitions). By employing a well-drafted Texas Stockholders Agreement, America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. can establish a clear framework for managing their relationship as shareholders in a Texas-incorporated company. It ensures transparency, protects the rights and interests of each party, and helps facilitate the smooth and efficient operation of the business.