Standstill and Deposition Agreement by Efficient Networks, Inc. and Cabletron Systems, Inc. regarding ownership of voting securities dated December 17, 1999. 19 pages.
The Washington Standstill and Deposition Agreement by Efficient Networks, Inc. and Cable tron Systems, Inc. refers to a legal contract entered into by these two companies to address a standstill period and potential deposition in the state of Washington, United States. This agreement outlines the provisions and conditions regarding the cease of certain activities and the availability of depositions in relation to ongoing legal proceedings or potential disputes involving the aforementioned companies. Under this agreement, both Efficient Networks, Inc. and Cable tron Systems, Inc. agree to halt or "standstill" certain actions during the designated time frame in Washington state. This may include a temporary cessation of litigation, actions, or claims against each other. The purpose of implementing a standstill provision is to provide a period where both parties can assess their legal positions, explore settlement options, or potentially negotiate a resolution without further escalation of conflicts. The Washington Standstill and Deposition Agreement also addresses the process of conducting depositions, which are sworn testimonies given by individuals involved in a legal case. This agreement defines the terms, conditions, and procedures regarding the deposition process, such as the location, timing, attendance, and legal representation. It is important to note that there may be different types of Washington Standstill and Deposition Agreements by Efficient Networks, Inc. and Cable tron Systems, Inc., each tailored to specific cases, legal situations, and disputes. These agreements can vary based on factors such as the nature of the conflict, the parties involved, and the issues being litigated or explored. In summary, the Washington Standstill and Deposition Agreement is a legal contract between Efficient Networks, Inc. and Cable tron Systems, Inc., which establishes a period of standstill and outlines the procedures and regulations for conducting depositions within the state of Washington. These agreements serve to temporarily halt certain actions and provide a structured framework to facilitate the resolution of legal disputes between the two companies.
The Washington Standstill and Deposition Agreement by Efficient Networks, Inc. and Cable tron Systems, Inc. refers to a legal contract entered into by these two companies to address a standstill period and potential deposition in the state of Washington, United States. This agreement outlines the provisions and conditions regarding the cease of certain activities and the availability of depositions in relation to ongoing legal proceedings or potential disputes involving the aforementioned companies. Under this agreement, both Efficient Networks, Inc. and Cable tron Systems, Inc. agree to halt or "standstill" certain actions during the designated time frame in Washington state. This may include a temporary cessation of litigation, actions, or claims against each other. The purpose of implementing a standstill provision is to provide a period where both parties can assess their legal positions, explore settlement options, or potentially negotiate a resolution without further escalation of conflicts. The Washington Standstill and Deposition Agreement also addresses the process of conducting depositions, which are sworn testimonies given by individuals involved in a legal case. This agreement defines the terms, conditions, and procedures regarding the deposition process, such as the location, timing, attendance, and legal representation. It is important to note that there may be different types of Washington Standstill and Deposition Agreements by Efficient Networks, Inc. and Cable tron Systems, Inc., each tailored to specific cases, legal situations, and disputes. These agreements can vary based on factors such as the nature of the conflict, the parties involved, and the issues being litigated or explored. In summary, the Washington Standstill and Deposition Agreement is a legal contract between Efficient Networks, Inc. and Cable tron Systems, Inc., which establishes a period of standstill and outlines the procedures and regulations for conducting depositions within the state of Washington. These agreements serve to temporarily halt certain actions and provide a structured framework to facilitate the resolution of legal disputes between the two companies.