Washington Rights Agreement between Monsanto Company and Equiserve Trust Company, N.A.

• Category: Corporations - Public - Rights
• State: Multi-State
• Control #: US-EG-9204
• Format: Word; Rich Text

Description

Rights Agreement between Monsanto Company and Equiserve Trust Company, N.A. wherein each common stock (Right) represents the right to purchase a share of preferred stock within a certain period of time and the availability, cancellation, etc. of same The Washington Rights Agreement between Monsanto Company and Subserve Trust Company, N.A. is a legally binding contract that outlines the rights and responsibilities of both parties in relation to certain financial transactions. This agreement governs the relationship between Monsanto Company, a prominent multinational biotechnology corporation, and Subserve Trust Company, N.A., a leading financial services provider. Under the Washington Rights Agreement, Monsanto grants Subserve Trust Company the authority to act as its transfer agent and registrar for its Washington rights offerings. This allows To Subserve Trust Company to facilitate the issuance, distribution, and transfer of Washington rights on behalf of Monsanto. Washington rights refer to a specific type of financial instrument that provides existing shareholders the opportunity to purchase additional shares of the company's stock at a discounted price. These rights are often issued as part of corporate transactions such as stock splits, mergers, or acquisitions. By allowing shareholders to purchase additional shares at a reduced rate, Washington rights offerings aim to enhance shareholder value and maintain the company's capital structure. The agreement outlines the specific terms and conditions governing the issuance and exercise of Washington rights, including the exercise price, exercise period, and the pro rata allotment of rights to existing shareholders. It also establishes the procedures for shareholders to exercise their rights and the responsibilities of Subserve Trust Company in handling the processing and settlement of these transactions. Multiple types of Washington Rights Agreements may exist between Monsanto Company and Subserve Trust Company. These can include agreements related to different corporate actions or offerings, such as rights offerings for different classes of shares or rights offerings specific to certain geographic regions. Each agreement is tailored to the specific needs and circumstances of the offering, ensuring compliance with applicable laws and regulations. In summary, the Washington Rights Agreement between Monsanto Company and Subserve Trust Company, N.A. is a vital contractual document that governs the issuance and exercise of Washington rights. It outlines the roles and responsibilities of both parties in facilitating these transactions and plays a crucial role in maintaining the integrity of Monsanto's capital structure and enhancing shareholder value.

The Washington Rights Agreement between Monsanto Company and Subserve Trust Company, N.A. is a legally binding contract that outlines the rights and responsibilities of both parties in relation to certain financial transactions. This agreement governs the relationship between Monsanto Company, a prominent multinational biotechnology corporation, and Subserve Trust Company, N.A., a leading financial services provider. Under the Washington Rights Agreement, Monsanto grants Subserve Trust Company the authority to act as its transfer agent and registrar for its Washington rights offerings. This allows To Subserve Trust Company to facilitate the issuance, distribution, and transfer of Washington rights on behalf of Monsanto. Washington rights refer to a specific type of financial instrument that provides existing shareholders the opportunity to purchase additional shares of the company's stock at a discounted price. These rights are often issued as part of corporate transactions such as stock splits, mergers, or acquisitions. By allowing shareholders to purchase additional shares at a reduced rate, Washington rights offerings aim to enhance shareholder value and maintain the company's capital structure. The agreement outlines the specific terms and conditions governing the issuance and exercise of Washington rights, including the exercise price, exercise period, and the pro rata allotment of rights to existing shareholders. It also establishes the procedures for shareholders to exercise their rights and the responsibilities of Subserve Trust Company in handling the processing and settlement of these transactions. Multiple types of Washington Rights Agreements may exist between Monsanto Company and Subserve Trust Company. These can include agreements related to different corporate actions or offerings, such as rights offerings for different classes of shares or rights offerings specific to certain geographic regions. Each agreement is tailored to the specific needs and circumstances of the offering, ensuring compliance with applicable laws and regulations. In summary, the Washington Rights Agreement between Monsanto Company and Subserve Trust Company, N.A. is a vital contractual document that governs the issuance and exercise of Washington rights. It outlines the roles and responsibilities of both parties in facilitating these transactions and plays a crucial role in maintaining the integrity of Monsanto's capital structure and enhancing shareholder value.