Vermont Stockholders Agreement between America Online, Inc., MQ Acquisition, Inc., and Mapquest.Com, Inc.

• Category: Corporations - Public - Stockholder
• State: Multi-State
• Control #: US-EG-9051
• Format: Word; Rich Text

Description

Stockholders Agreement between America Online, Inc., MQ Acquisition, Inc., and Mapquest.Com, Inc. dated December 21, 1999. 11 pages A Vermont Stockholders Agreement is a legal document that outlines the rights, obligations, and responsibilities of the parties involved in a business venture. In this particular scenario, the agreement is between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. It serves as a contractual framework to govern the ownership and management of shares in MapQuest. Com, Inc. by America Online, Inc. and ME Acquisition, Inc. This agreement is crucial to protect the interests of all parties involved and ensure that ownership and control of MapQuest. Com, Inc. are properly regulated. It may include various provisions such as: 1. Share Ownership: The agreement defines the number of shares each party owns and any restrictions on transferring these shares. This ensures that the ownership structure remains intact and prevents unwanted changes in control. 2. Voting Rights: The agreement outlines the voting rights associated with the shares. It details how voting on important company matters will be conducted and whether any special or veto powers are granted to any of the parties. 3. Board Representation: The agreement may specify the number of board seats each party is entitled to and the process for appointing directors. It ensures that all parties have a say in the decision-making process and representation on the board. 4. Rights of First Refusal: This provision gives the parties the right to purchase any shares that another party intends to sell before those shares can be sold to a third party. This helps maintain control over the ownership structure and prevents unwanted third-party involvement. 5. Dispute Resolution: The agreement may include provisions for resolving any disputes that arise between the parties. It may specify mediation, arbitration, or litigation processes to settle disagreements and maintain a harmonious relationship. These are just a few examples of the provisions that may be included in a Vermont Stockholders Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. It is important to note that there may be variations in the specifics of these agreements depending on the negotiation and requirements of the parties involved.

A Vermont Stockholders Agreement is a legal document that outlines the rights, obligations, and responsibilities of the parties involved in a business venture. In this particular scenario, the agreement is between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. It serves as a contractual framework to govern the ownership and management of shares in MapQuest. Com, Inc. by America Online, Inc. and ME Acquisition, Inc. This agreement is crucial to protect the interests of all parties involved and ensure that ownership and control of MapQuest. Com, Inc. are properly regulated. It may include various provisions such as: 1. Share Ownership: The agreement defines the number of shares each party owns and any restrictions on transferring these shares. This ensures that the ownership structure remains intact and prevents unwanted changes in control. 2. Voting Rights: The agreement outlines the voting rights associated with the shares. It details how voting on important company matters will be conducted and whether any special or veto powers are granted to any of the parties. 3. Board Representation: The agreement may specify the number of board seats each party is entitled to and the process for appointing directors. It ensures that all parties have a say in the decision-making process and representation on the board. 4. Rights of First Refusal: This provision gives the parties the right to purchase any shares that another party intends to sell before those shares can be sold to a third party. This helps maintain control over the ownership structure and prevents unwanted third-party involvement. 5. Dispute Resolution: The agreement may include provisions for resolving any disputes that arise between the parties. It may specify mediation, arbitration, or litigation processes to settle disagreements and maintain a harmonious relationship. These are just a few examples of the provisions that may be included in a Vermont Stockholders Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. It is important to note that there may be variations in the specifics of these agreements depending on the negotiation and requirements of the parties involved.