Virginia Standstill Agreement between Sprint Corp. and NAB Nordamerika Beteiligungs Holding GMBH

• Category: Corporations - Public - Standstill
• State: Multi-State
• Control #: US-EG-9214
• Format: Word; Rich Text

Description

Qualified Subsidiary Standstill Agreement between Sprint Corporation and NAB Nordamerika Beteiligungs Holding GMBH regarding the transfer of voting securities and the purchase of PCS common stock dated December 29, 1999. 19 pages. The Virginia Standstill Agreement between Sprint Corp. and NAB Nordamerika Beteiligungs Holding GMB His a legal agreement that outlines the terms and conditions between these two entities in relation to their business partnership or potential merger. This agreement is primarily established to create a temporary halt or freeze on any impending actions or changes that may affect the existing relationship. The keywords related to this agreement include: 1. Virginia Standstill Agreement: This refers to the specific type of agreement established and recognized under the laws of the state of Virginia. 2. Sprint Corp.: Sprint Corp. is a telecommunications company and one of the parties involved in this agreement. It provides wireless and wire line communications products and services. 3. NAB Nordamerika Beteiligungs Holding GmbH: NAB Nordamerika Beteiligungs Holding GMB His another party involved in this agreement. It is a German company operating in North America and may have a stake in Sprint Corp. 4. Business partnership: The agreement may be established to regulate and protect the interests of both entities engaged in a business partnership. 5. Potential merger: The agreement could be put in place in anticipation of a possible merger between Sprint Corp. and NAB Nordamerika Beteiligungs Holding GmbH. It aims to determine the terms and conditions of such a merger and ensure a smooth transition. Different types of Virginia Standstill Agreements between Sprint Corp. and NAB Nordamerika Beteiligungs Holding GmbH may include: 1. Non-Disclosure Standstill Agreement: This type of agreement ensures that confidential information shared between the parties remains protected and confidential during the standstill period. 2. Voting Standstill Agreement: This agreement may be put in place to restrict the voting rights of certain shareholders or stakeholders during the standstill period, thereby preventing any change in control. 3. Acquisition Standstill Agreement: This type of agreement prevents the acquiring party from further purchasing shares of the target company or conducting any hostile takeover during the standstill period. 4. Asset Standstill Agreement: This agreement aims to freeze any transactions related to the transfer or disposal of assets between the parties during the standstill period. Overall, the Virginia Standstill Agreement between Sprint Corp. and NAB Nordamerika Beteiligungs Holding GmbH plays a crucial role in maintaining stability, protecting interests, and regulating actions between the parties involved. The specific type of agreement will depend on the circumstances and objectives of their business relationship.

The Virginia Standstill Agreement between Sprint Corp. and NAB Nordamerika Beteiligungs Holding GMB His a legal agreement that outlines the terms and conditions between these two entities in relation to their business partnership or potential merger. This agreement is primarily established to create a temporary halt or freeze on any impending actions or changes that may affect the existing relationship. The keywords related to this agreement include: 1. Virginia Standstill Agreement: This refers to the specific type of agreement established and recognized under the laws of the state of Virginia. 2. Sprint Corp.: Sprint Corp. is a telecommunications company and one of the parties involved in this agreement. It provides wireless and wire line communications products and services. 3. NAB Nordamerika Beteiligungs Holding GmbH: NAB Nordamerika Beteiligungs Holding GMB His another party involved in this agreement. It is a German company operating in North America and may have a stake in Sprint Corp. 4. Business partnership: The agreement may be established to regulate and protect the interests of both entities engaged in a business partnership. 5. Potential merger: The agreement could be put in place in anticipation of a possible merger between Sprint Corp. and NAB Nordamerika Beteiligungs Holding GmbH. It aims to determine the terms and conditions of such a merger and ensure a smooth transition. Different types of Virginia Standstill Agreements between Sprint Corp. and NAB Nordamerika Beteiligungs Holding GmbH may include: 1. Non-Disclosure Standstill Agreement: This type of agreement ensures that confidential information shared between the parties remains protected and confidential during the standstill period. 2. Voting Standstill Agreement: This agreement may be put in place to restrict the voting rights of certain shareholders or stakeholders during the standstill period, thereby preventing any change in control. 3. Acquisition Standstill Agreement: This type of agreement prevents the acquiring party from further purchasing shares of the target company or conducting any hostile takeover during the standstill period. 4. Asset Standstill Agreement: This agreement aims to freeze any transactions related to the transfer or disposal of assets between the parties during the standstill period. Overall, the Virginia Standstill Agreement between Sprint Corp. and NAB Nordamerika Beteiligungs Holding GmbH plays a crucial role in maintaining stability, protecting interests, and regulating actions between the parties involved. The specific type of agreement will depend on the circumstances and objectives of their business relationship.