The West Virginia Underwriting Agreement between Tel axis Communications Corp. and Credit Suisse First Boston Corp. is a legally binding contract that outlines the terms and conditions regarding the issuance and sale of shares of common stock in West Virginia. This agreement is essential when a company wants to raise capital by issuing shares and assigns the responsibility of underwriting to a financial institution. Under the terms of this agreement, Tel axis Communications Corp. engages Credit Suisse First Boston Corp. as the underwriter for the public offering of their common stock in West Virginia. The underwriter has the obligation to purchase the shares from Tel axis at a predetermined price and then sell them to the public. This agreement typically includes various provisions, such as the number of shares to be issued, the offering price, the underwriter's commission, the lock-up period, and the specific terms of the offering. The lock-up period restricts insiders and major shareholders from selling their shares for a certain period after the offering to maintain market stability. In addition to the standard underwriting agreement, there may be different types of specific West Virginia Underwriting Agreements between Tel axis Communications Corp. and Credit Suisse First Boston Corp., tailored to meet specific needs. For example, there could be an Agreement for an Initial Public Offering (IPO), which refers to the first sale of shares to the public by a formerly private company. Alternatively, there may be an Agreement for a Follow-On Offering, which is the issuance of additional shares by a company that has already gone public. Regardless of the specific type of underwriting agreement, the primary goal is to ensure a smooth and successful issuance and sale of shares of common stock in compliance with West Virginia regulations. This agreement protects both Tel axis Communications Corp. and Credit Suisse First Boston Corp. by establishing clear rights, responsibilities, and financial arrangements between the parties involved.