Stockholders Agreement between America Online, Inc., MQ Acquisition, Inc., and Mapquest.Com, Inc. dated December 21, 1999. 11 pages
Chicago Illinois Stockholders Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc., is a legally binding agreement that outlines the rights and obligations of the parties involved in the governance and management of the company. It primarily focuses on the relationship between the stockholders and provides provisions for safeguarding their respective interests. This agreement typically includes clauses related to various aspects of stock ownership, decision-making processes, voting rights, dividend distributions, board representation, and restrictions on transfer of shares. It serves as a cornerstone document to ensure mutual understanding and alignment among the stockholders. Key provisions that may be included in the Chicago Illinois Stockholders Agreement are: 1. Stock Ownership: The agreement specifies the number of shares owned by each party and the class of stock they hold. It may also outline restrictions on further issuance or transfer of shares without the consent of other stockholders. 2. Voting Rights: This section outlines the voting power of each party and the procedures for exercising voting rights. It may include provisions for majority or super majority approval on certain matters, such as mergers, acquisitions, or major corporate decisions. 3. Board of Directors: The agreement may address board composition and the right to nominate or appoint directors. It may also outline the process for filling vacancies or removing directors. 4. Dividends and Distributions: Terms regarding the distribution of dividends and other payments to stockholders may be detailed in this section. It may include provisions for preferential treatment or special rights for certain classes of stock. 5. Transfer Restrictions: The agreement may impose restrictions on the transfer of shares to maintain stability and control within the company. It may include preemptive rights, rights of first refusal, or drag-along and tag-along rights. 6. Non-Competition and Non-Disclosure: Confidentiality and non-competition clauses may be included to protect the company's intellectual property, trade secrets, and competitive advantage. 7. Dispute Resolution: This section outlines the process for resolving disputes between the stockholders, such as through negotiation, mediation, or arbitration, and the applicable jurisdiction and governing law. Different types of Chicago Illinois Stockholders Agreements between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. may exist depending on the specific terms and conditions agreed upon by the parties. Variations could include agreements that are tailored to reflect different ownership percentages, classes of stock, or unique circumstances such as financing arrangements, equity incentives, or buyout provisions. Keywords: Chicago Illinois Stockholders Agreement, America Online, Inc., ME Acquisition, Inc., MapQuest. Com, Inc., stock ownership, voting rights, board representation, dividend distribution, transfer restrictions, non-competition, non-disclosure, dispute resolution.
Chicago Illinois Stockholders Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc., is a legally binding agreement that outlines the rights and obligations of the parties involved in the governance and management of the company. It primarily focuses on the relationship between the stockholders and provides provisions for safeguarding their respective interests. This agreement typically includes clauses related to various aspects of stock ownership, decision-making processes, voting rights, dividend distributions, board representation, and restrictions on transfer of shares. It serves as a cornerstone document to ensure mutual understanding and alignment among the stockholders. Key provisions that may be included in the Chicago Illinois Stockholders Agreement are: 1. Stock Ownership: The agreement specifies the number of shares owned by each party and the class of stock they hold. It may also outline restrictions on further issuance or transfer of shares without the consent of other stockholders. 2. Voting Rights: This section outlines the voting power of each party and the procedures for exercising voting rights. It may include provisions for majority or super majority approval on certain matters, such as mergers, acquisitions, or major corporate decisions. 3. Board of Directors: The agreement may address board composition and the right to nominate or appoint directors. It may also outline the process for filling vacancies or removing directors. 4. Dividends and Distributions: Terms regarding the distribution of dividends and other payments to stockholders may be detailed in this section. It may include provisions for preferential treatment or special rights for certain classes of stock. 5. Transfer Restrictions: The agreement may impose restrictions on the transfer of shares to maintain stability and control within the company. It may include preemptive rights, rights of first refusal, or drag-along and tag-along rights. 6. Non-Competition and Non-Disclosure: Confidentiality and non-competition clauses may be included to protect the company's intellectual property, trade secrets, and competitive advantage. 7. Dispute Resolution: This section outlines the process for resolving disputes between the stockholders, such as through negotiation, mediation, or arbitration, and the applicable jurisdiction and governing law. Different types of Chicago Illinois Stockholders Agreements between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. may exist depending on the specific terms and conditions agreed upon by the parties. Variations could include agreements that are tailored to reflect different ownership percentages, classes of stock, or unique circumstances such as financing arrangements, equity incentives, or buyout provisions. Keywords: Chicago Illinois Stockholders Agreement, America Online, Inc., ME Acquisition, Inc., MapQuest. Com, Inc., stock ownership, voting rights, board representation, dividend distribution, transfer restrictions, non-competition, non-disclosure, dispute resolution.