Wyoming 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 Wyoming Stockholders Agreement is a legally binding document that outlines the rights, obligations, and responsibilities of America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. It is designed to govern their relationship as stockholders in a company incorporated in Wyoming. This agreement establishes the terms and conditions that will guide the operations and decision-making processes within the company. It covers various key aspects, such as voting rights, dividend distribution, management authority, transfer of shares, and dispute resolution. Under this agreement, America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. agree to work cooperatively and in the best interest of the company. They outline their respective ownership percentages in the company and set forth any restrictions or limitations on transferring their shares to third parties. Certain types of Wyoming Stockholders Agreements between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc., may include variations based on the specific needs and goals of the parties involved. These may include: 1. Voting Agreement: This type of agreement may outline the procedures and criteria for voting on important corporate matters, such as the appointment of directors, major investments, or acquisitions. 2. Buy-Sell Agreement: This agreement can provide the mechanism for stockholders to buy or sell their shares in specific situations, such as a desire to exit the company or a change in the ownership structure. 3. Drag-Along Agreement: This type of agreement allows majority stockholders to compel minority stockholders to sell their shares in the event of a sale or merger of the company, ensuring a unified ownership approach. 4. Tag-Along Agreement: Conversely, a tag-along provision protects minority stockholders by granting them the right to join in the sale of shares if a majority stake is being sold, ensuring they can also take advantage of the opportunity. 5. Roof or Right of First Offer Agreement: Such an agreement grants one party the right to make the first offer to purchase the shares of another party before those shares can be sold to a third party, enabling the first party to maintain or increase its ownership stake. In conclusion, a Wyoming Stockholders Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. sets out the rules and guidelines for their stock ownership and corporate governance. Different variations may exist depending on specific circumstances and preferences, ranging from voting agreements to buy-sell provisions, drag-along or tag-along rights, and right of first offer agreements. These agreements protect the interests of the involved parties and provide a clear framework for decision-making and shareholder rights in the company.

A Wyoming Stockholders Agreement is a legally binding document that outlines the rights, obligations, and responsibilities of America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. It is designed to govern their relationship as stockholders in a company incorporated in Wyoming. This agreement establishes the terms and conditions that will guide the operations and decision-making processes within the company. It covers various key aspects, such as voting rights, dividend distribution, management authority, transfer of shares, and dispute resolution. Under this agreement, America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. agree to work cooperatively and in the best interest of the company. They outline their respective ownership percentages in the company and set forth any restrictions or limitations on transferring their shares to third parties. Certain types of Wyoming Stockholders Agreements between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc., may include variations based on the specific needs and goals of the parties involved. These may include: 1. Voting Agreement: This type of agreement may outline the procedures and criteria for voting on important corporate matters, such as the appointment of directors, major investments, or acquisitions. 2. Buy-Sell Agreement: This agreement can provide the mechanism for stockholders to buy or sell their shares in specific situations, such as a desire to exit the company or a change in the ownership structure. 3. Drag-Along Agreement: This type of agreement allows majority stockholders to compel minority stockholders to sell their shares in the event of a sale or merger of the company, ensuring a unified ownership approach. 4. Tag-Along Agreement: Conversely, a tag-along provision protects minority stockholders by granting them the right to join in the sale of shares if a majority stake is being sold, ensuring they can also take advantage of the opportunity. 5. Roof or Right of First Offer Agreement: Such an agreement grants one party the right to make the first offer to purchase the shares of another party before those shares can be sold to a third party, enabling the first party to maintain or increase its ownership stake. In conclusion, a Wyoming Stockholders Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. sets out the rules and guidelines for their stock ownership and corporate governance. Different variations may exist depending on specific circumstances and preferences, ranging from voting agreements to buy-sell provisions, drag-along or tag-along rights, and right of first offer agreements. These agreements protect the interests of the involved parties and provide a clear framework for decision-making and shareholder rights in the company.