Wyoming Amendment No. 1 to Registration Rights Agreement between Turn stone Systems, Inc. and purchaser is an important legal document that outlines the specific modifications made to the original Registration Rights Agreement between the two parties. This amendment specifies the changes and additions to the rights and obligations relating to the registration of securities issued by Turn stone Systems, Inc. The Wyoming Amendment No. 1 may include various types of modifications, such as: 1. Expansion of Registration Rights: This amendment may extend the registration rights previously granted under the original agreement. It could include additional securities or prolonged periods for registration, allowing the purchaser to further exercise their rights. 2. Alterations in Registration Procedures: The amendment may outline changes in the registration procedures, such as modifications in the way the registration statements are filed, reviewed, or updated. These alterations aim to streamline the registration process or address any previous issues or uncertainties. 3. Inclusion of Indemnification Clauses: The amendment might include indemnification provisions, specifying the conditions under which Turn stone Systems, Inc. will protect the purchaser from any potential losses, damages, or liabilities arising from the registration process. 4. Adjustments in Disclosure Requirements: The Wyoming Amendment No. 1 may introduce changes to the disclosure requirements related to the registered securities. It could include revised or additional information that must be disclosed to the Securities and Exchange Commission (SEC) and prospective investors. 5. Restructuring of Obligations: This amendment might involve the restructuring or reassignment of certain obligations between the parties involved. For example, if the purchaser is allowed to transfer their registration rights to another entity, the amendment will outline the necessary terms and conditions for such a transfer. 6. Clarification of Terms: In some cases, the amendment may serve to clarify ambiguous or misunderstood terms and provisions within the original Registration Rights Agreement. This aims to ensure a common understanding between Turn stone Systems, Inc. and the purchaser regarding their respective rights and obligations. Keywords: Wyoming Amendment No. 1, Registration Rights Agreement, Turn stone Systems, Inc., purchaser, securities, modifications, expansion of rights, registration procedures, indemnification clauses, disclosure requirements, restructuring of obligations, clarifications.
Wyoming Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser
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